In February xxxx, the North American region experienced a moderate increase in the values of Sodium Citrate Dihydrate compared to previous months. This rise, rather than being an isolated incident, results from a convergence of various factors, indicating a significant transformation in the excipient sector dynamics. Business analysts attribute the stable price improvement of Sodium Citrate Dihydrate in the US market to factors such as an optimistic demand outlook, supply chain challenges, and global economic uncertainties.
The pharmaceutical sector, closely tied to global supply chains, has encountered substantial challenges due to disruptions in the Red Sea and the Suez Canal. These challenges include delayed deliveries, altered routes, contingency surcharges, heightened freight costs, and fluctuations in Sodium Citrate Dihydrate demand. The disturbances are expected to affect downstream product supply globally, including in the United States. Additionally, the increased prices of the raw material Citric Acid have...
