ChemAnalyst

In the first quarter of 2023, Copper Wire prices in the US rose due to the banking meltdown's effect on inflation and interest rates. Market players observed that lower copper prices resulted in increased demand before traditionally high-demand periods, such as April and May. As the market searched for indications of a solid post-pandemic recovery, a reduction in inventory build-up suggested a rise in demand. Manufacturers' input purchasing had decreased, resulting in shorter lead times and fewer logistical delays. Firms opted to deplete inventories, causing stocks of purchased and finished g

In the US market, the Copper Sulphate Prices have demonstrated mixed market sentiments. Average demand from the downstream agrochemical industries pressured the market fundamentals of Copper Sulphate at the start of the first quarter of 2023. The cost support from upstream Sulphuric Acid was insufficient and did not strengthen the Copper Sulphate costs. The inflationary pressure and tight labor market have exacerbated the price concerns for the market players. The trade activities have weakened, and the prices have inched lower in mid-Q1. Furthermore, the failure of two banks based in the USA

Trisodium phosphate prices have continued to drop in the USA market during the first quarter of 2023 amid slow purchasing sentiment and strong supplies. Feedstock Phosphoric acid has declined, which resulted in the low production cost of Trisodium Phosphate. In addition, demand from the food additives and lubricant industries has been weak, and there were limited inquiries for new orders from end-users, resulting in a bearish pricing trend in the domestic market. In addition, the manufacturing activity in the US market has also been underperforming, contributing to the sluggishness in the mar

During the third quarter of 2023, the Galvanized Plain Sheet prices in the US market increased, primarily due to limited inventories and the strong downstream automotive industry. After a slow start following the New Year's holiday, demand began to pick up moderately, leading to increased customer inquiries and shipments at service centers. However, buyers were hesitant to stock up on steel products, given the short lead times. The January trade was dominated by mills with larger appetites, leading to increased regional competition. As flat-rolled steelmakers increased their purchasing progra

Enoxaparin Sodium Prices in North America showed a stable trend during the 4th quarter of 2022. Enoxaparin Sodium imports were halted during the first week of October due to China's Golden Week holiday. Given the substantial product inventories, domestic suppliers were able to meet the demand for the majority of the quarter, and up until this point, offtakes in the end-user industries continued to be normal. The unanticipated increase in Covid cases in China caused a pattern shift in the market for Enoxaparin Sodium at the conclusion of the quarter. The broken supply chain did, however, gradu

Azithromycin prices showcased a see-saw trend in the Asia Pacific region throughout the fourth Quarter of 2022. Some industries were shutdowns due to a long week holiday in the first week of October and later stringent lockdowns resulting in increased risks of further uncertainties in production, operations, logistics, and supply chain activities. Considering the situation, Chinese manufacturers raised their prices of Azithromycin to USD 99000/MT in October to maintain stability in their profit margin. In contrast, prices started declining from the onset of November as demand from the downstr

During the third quarter of 2022, the Stainless-Steel Round bar price rose in the US market amidst a sluggish demand outlook. Market players cite that US steel prices have been under significant pressure for most of 2022, driven by weakening downstream demand, conservative service center buying, and persistently high supply. However, rising signs of a recession had kept many buyers on the fence, fearful of being saddled with overpriced steel inventories if the downturn worsened. Furthermore, many buyers refused to make purchases that would increase their inventories and preferred to keep stoc

Ulexite Prices rose this quarter in the USA due to increased demand from downstream sectors brought on by solid demand from packaging and other end-use fertilizer areas. The pulp and paper industry's enormous demand has led to an expansion of the Ulexite market and increased prices. In addition, growing input prices have driven the product's price on the local market. Low inventories and high agricultural offtakes to meet the demand to alleviate the boron shortfall have increased the product's price. Prices for Ulexite were anticipated to be USD 780/MT in September.

The price trend of L-Threonine in the German Market is witnessing an upward trajectory backed by unparallel heatwaves, which have impacted the country's demand and supply activities.

Olmesartan Medoxomil Prices showcased a stable trend in the North American region, followed by market disruptions. Supply disruptions from the APAC region amid high transportation costs resulted in a shortage of inventories, impacting the price dynamics of Olmesartan Medoxomil in the USA. Hampered production activities due to the COVID-19 lockdown curbs in China caused disruptions in the supply chain between USA and China. Due to the shortage of containers, domestic downstream customers had trouble getting their hands on supplies. Stability in the downstream demand from the pharmaceutical ind