The cost of Simvastatin, which acts as an anti-hyperlipidemic medication, saw a positive trend in the first half of March xxxx, a turnaround from the price decline in February. ChemAnalyst forecasted that the upward trend of Simvastatin will continue in the second half of the month due to a mix of factors such as rising raw material costs, rising global demand, and changing economic forces.
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Simvastatin prices will go up in March xxxx as a result of increased raw material prices, international demand, and economic changes.
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The PMI increased to xx.x in February, increasing demand for pharmaceutical intermediates and Simvastatin prices.
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Reduced shipping prices from China to Europe and the US stimulated increased global demand, generating additional price pressure upward for Simvastatin.
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Post-Lunar New Year inventory stocking and raw material shortages constricted supply, which fueled the price spike.
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The xxx tariff imposed by America and China&#xx;s countermeasures upset global supply chains and affected...
