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Amoxicillin Trihydrate API Prices are Rising in Germany: Here's why?

Amoxicillin Trihydrate API Prices are Rising in Germany: Here's why?

Amoxicillin Trihydrate API Prices are Rising in Germany: Here's why?

  • 05-Sep-2022 3:49 PM
  • Journalist: Patrick Knight

After two months of constant decline, the Amoxicillin Trihydrate API prices are increasing in Germany throughout August. The price rise has been supported by soaring freight costs and strong demand for the product from downstream manufacturing sectors. Moreover, fluctuating raw material prices are another factor influencing the Amoxicillin Trihydrate pricing favorably.

The CFR Hamburg price of Amoxicillin Trihydrate API in Germany has risen by 5.3%. European countries mainly import Amoxicillin Trihydrate API from China; therefore, China's manufacturers raised Amoxicillin Trihydrate prices for domestic and international markets. Additionally, the ship was stuck in the Waaldue River because of the low water level, disrupting Germany's imports. Due to the limited availability of coal and decreased domestic shipping, German traders preferred rail transportation for the shipment of their products. Amoxicillin Trihydrate API's imports have been reduced as a result of rising train freight rates brought on by the increase in coal and fuel prices.

As August approaches, the demand for Amoxicillin Trihydrate API in the European region has increased. Prices for Amoxicillin Trihydrate API have also been driven up by a combination of factors, including a high demand from pharmaceutical end users and limited shipping capacity. German buyers stopped trading due to the declining demand in the previous month; hence, the current surge in order and the insufficient supply of the product on the German domestic market increased the value of Amoxicillin Trihydrate API.

Moreover, Amoxicillin Trihydrate API is also affected by raw materials prices. This month, the fluctuating Penicillin G prices further influenced an escalated price trend of its derivatives, mainly Amoxicillin.

According to the ChemAnalyst team, Amoxicillin Trihydrate API prices might increase in the coming month due to escalating demand from downstream pharmaceutical manufacturers. Additionally, the Rhine river's water level is projected to drop, which would hinder trade and could cause freight rates to increase continually.

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