Paracetamol Prices in the Global Market Online

North America

In the fourth Quarter of 2022, the Paracetamol Prices showcased a descending trajectory owing to low to no demand from the downstream pharmaceutical industry and ease in logistic issues. Low freight charges on sea shipments influenced the market of Paracetamol API in the North American region. Ease in port congestion and resolved supply chain kept the market weak. With the rising inflation, customers were hesitant to place large orders forcing merchants to lower their quotations to raise inquiries. Reduced raw material phenol prices and low input costs had a detrimental impact on the price of Paracetamol API. The prices were evaluated and accessed at USD 7380/MT CFR Houston at the termination of Q4 2022 with an average quarterly declination of 8.97%.

Asia

In APAC, the price of Paracetamol API witnessed a substantial drop in the fourth quarter of 2022 on the back of decreasing demand from the downstream pharmaceutical sector. The prices were evaluated and accessed at USD 6875/MT Fob Shanghai at the termination of Q4 2022 with an average quarterly declination of 6.97%. The ministry also decided to roll down the prices of generic drugs in the Asian region to maintain availability and approachability among consumers. Also, the RMB currency appreciation (+3.16) against the USD also influenced the Paracetamol API market in the Asian region. Furthermore, the suppliers and domestic merchants also decide to rebound the prices to the pre-pandemic level to maintain a stable market. The raw material Phenol prices also showcased a declining trajectory globally that affected the Paracetamol API prices negatively with low input cost. Further, low demand and fewer inquiries from the international market kept the market situation weak.

Europe

The market situation for Paracetamol API showcased a deflation throughout the Fourth Quarter of 2022. The prices of Paracetamol API were accessed at USD 7740/MT CFR Hamburg with an average quarterly declination of 8.90%. With ease in the shipments and transportation activities, the market showcased feeble sentiments. Also, relief of the port congestion in the major ports of Europe continues to facilitate an unhindered supply chain keeping the market weak. Low input costs and decreased Phenol prices for raw materials had a negative effect on Paracetamol API prices. The resumption of in-house production in European countries also influenced the Paracetamol API market. Ease in inflation around the end of Q4 also maintained the feeble market trend.

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