Naltrexone Hydrochloride Prices in Global Market
North America
During quarter 4 of 2022 in North America, the CFR Los Angeles Naltrexone Hydrochloride Prices increased from $6942000/mt to $6965000/mt in October and November before falling to $6915000/mt in December. Due to China's Golden Week holiday, Naltrexone Hydrochloride imports were suspended during the first week of October. Considering the huge inventories of the product, domestic suppliers were able to match the demand for most of the quarter. Hitherto, offtakes in the end-user industries remained above average. The market for Naltrexone Hydrochloride saw a pattern change in the second part of the quarter as a result of the unexpected rise in Covid cases in China. Nevertheless, as the economy grew and there was a significant decline in port backlog in December, the disrupted supply chain did progressively mend.
Asia Pacific
During the fourth quarter of 2022, the price of Naltrexone Hydrochloride across the Asia Pacific region showed a stagnant market trend. Ex-Mumbai values in India first increased from $5556377.67/mt to $56876521.1/mt in October and November before dropping to $5605025.23/mt in December. The first week of October saw a steady decline in Naltrexone Hydrochloride orders for China's API market as a result of the shutdown of manufacturing facilities for the Golden Week. It was challenging for the market to catch up to the slight growth seen in some downstream businesses because Chinese traders had to deal with a variety of conflicting signals after a one-week break, but strong demand kept the market afloat. Chinese suppliers and producers were able to meet the entire quarter's demand thanks to ample supplies there. The administration amended its zero-covid rules in response to criticism and significant unrest in the nation, leaving the nation vulnerable once more.
Europe
Prices of Naltrexone Hydrochloride decreased slightly in Europe during the fourth quarter of 2022, with CFR Hamburg values falling from $7027570/mt to $7020000/mt between October and December. International demand was stronger in the initial half of the quarter than it was in December because of the unanticipated increase in COVID cases, which caused a steady decline in demand. Demand in Germany remained high despite rising costs for energy and raw materials in the end-user sectors.
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