The paracetamol industry is seeing moderate price adjustments, supported by firm drug demand in the major markets of China and Germany, which are served by strengthening supply chains and increasing inventories. In China, as a trade leader, paracetamol demand is led by growing over the counter (OTC) pharmaceutical markets and export demand, while in Germany, demand is led by cyclical healthcare and industrial demand. Supply-side considerations such as steady Chinese production and managed German imports are dampening prices within the backdrop of external pressures from energy prices and trade policy. Prices for weekly postings slipped representative of a nervous market sentiment. Paracetamol prices have softened over the last quarter, September levels recording a monthly fall. Next quarter opportunities will be influenced potentially by emerging health trends and geopolitical tensions' attendant risks, with paracetamol's position in international pharmaceutical supply chains brought to the fore.
Key Highlights:
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Demand for paracetamol is growing in the pharma sector, especially in China, due to enhanced OTC drug manufacturing for domestic and worldwide markets.
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Year-on-year retail sales of paracetamol have increased by xxx in Germany because consumers become more vigilant about pain relief during winter ailments.
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The Chinese pharmaceuticals and chemicals industries are experiencing a xxx year-to-date rise in demand for paracetamol, further solidifying its position as a top export commodity.
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German importers are stockpiling paracetamol, with a xx increase in industrial expenditure to cushion possible supply interruptions from Asian sources.
Paracetamol demand remains steady in major end-use markets, particularly pharmaceuticals and consumer healthcare, with strong trends witnessed in China and Germany. Paracetamol demand in China, as a major exporter, is driven by the rapidly expanding OTC medicine market, with retail sales growing xxx annually due to growing awareness of consumer health as well as influenza epidemic outbreaks. Industrial usage...
