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Enalapril Maleate API Prices Go Northwards in the US Market

Enalapril Maleate API Prices Go Northwards in the US Market

Enalapril Maleate API Prices Go Northwards in the US Market

  • 14-Nov-2022 3:44 PM
  • Journalist: Kim Chul Son

Houston, USA: In the US, Enalapril Maleate API prices considerably increased in November 2022 due to several factors, such as ongoing domestic demand, congestion at Houston's ports, and a constrained supply chain. With projected pent-up demand, APIs are at record highs, and rising Crude oil costs are driving the market's accelerating trend.

Rising energy demand, constrained supply, and geopolitical instability have increased fuel prices. Freight costs have improved due to rising imports from exporting nations like China. Rising inflation also contributes to the Enalapril Maleate API's increasing trend. Overall, these inflationary pressures pose a short-term threat to the pharmaceutical industry. Low inventory levels and high customer demand also contribute to the price increase of Enalapril Maleate API. Suppliers and traders increased their stock levels in response to the rising demand, which affected Enalapril Maleate API prices to preserve their profit margins. The depreciating value of the currencies, followed by rising interest rates, forces domestic merchants to increase their Enalapril Maleate API prices. Altogether, these elements produced a snowball effect that increased inflationary pressures in the overall country's economy. As commodity prices grow on the domestic market, input prices are also under pressure. Overall, the cost of Enalapril Maleate API increased by 2%. Ships backed up at the Houston terminal further affected the US market's Enalapril Maleate API price trends.

Despite being a significant exporter, China's market and trading activities have slowed due to the ongoing, strict COVID restrictions, which negatively impact supply chains and product availability in the US market.

ChemAnalyst says, "The cost of Enalapril Maleate API is expected to decrease in the upcoming month after continuing to increase month over month. This falling price trend is anticipated to be supported by a decline in downstream demand from end-user sectors due to easing inflation and currency depreciation ".

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