Penicillin G Sodium prices saw a sharp rise in May xxxx across the US market following a noticeable decline during April, driven by improved trade dynamics, increased operational costs across the producing nations, and heightened demand across the end-users across the global markets.
Earlier, the month of April offered a temporary respite to manufacturers and procurement entities, with Penicillin G Sodium prices dipping due to stabilized supply from major producers and growing competition in the market. However, this downward trend proved short-lived, as May ushered in renewed cost pressures.
According to market players, the May xxxx surge in Penicillin G Sodium prices was primarily triggered by renewed demand witnessed across the key importing nations including the US and German market. However, the producing nations such as China- one of the leading exporters of the antibiotic raw material, initially witnessed a...
