Similar to that of certain pharmaceutical excipients, the import prices of Sodium Citrate Dihydrate are also expected to witness a modest recovery as the first quarter of xxxx ends in March. This price increase may be traced back to a confluence of developments, such as, improved downstream purchasing, movement in global trading patterns, the imposition of new tariffs on drug importation, and rising times of delivery in the industry.
Initially, beginning with the market trend, earlier, the import prices witnessed a significant drop in Sodium Citrate Dihydrate supported by weakened demand, reduced consumer purchasing sentiments, and heightened stock accumulations of the past month and previous orders for Sodium Citrate Dihydrate both across the importing the exporting nations, specifically China.
Supporting this further, was the arrival of the Chinese Lunar New Year which considerably impacted the overall supply-demand dynamics with respect to Sodium Citrate Dihydrate, with...
