For the Quarter Ending September 2022
North America
In the third Quarter of 2022, the prices of Paracetamol API showcase a downward trend owing to firm demand from the downstream pharmaceutical industry and ease in logistic issues. Removing the lockdown in the exporting countries and production resumption kept the supply chain firm in the regional and overseas markets. At the onset of the first half of Q3 2022, the price increment by 10% also affected the Paracetamol API prices in the US market. After the second half's commencement, the inquiries dropped significantly, influencing the Paracetamol API demand in the domestic market. The prices decreased in the third quarter, with values accessed at USD 9950/ton CFR Houston, with an average quarterly decline of 1.66%.
Asia
In the third Quarter of 2022, the Paracetamol API values depreciated because of sluggish inquiries from the downstream pharmaceutical sector. The prices fixed at the end of Q3 2022 were USD 8550/tonne FOB Shanghai with an average quarterly decline of 4.56%. With the easing of the lockdown and resumption of production activities, the Paracetamol API market exhibited weak sentiments. Also, the lowered energy values, followed by reduced production costs and increased operating rates, affected the prices of Paracetamol API in the domestic market. China's financial capital Shanghai witnessed a firm supply chain in regional and overseas markets, and the destocking of existing inventories kept the market at ease.
Europe
The market prices of Paracetamol API showcased a dwindling effect throughout the third Quarter of 2022. Towards the end of Q3 2022, the Paracetamol API prices decreased significantly and were accessed at USD 10500/MT with an average quarterly declination of 4.61%. The domestic merchants were propelled to lower their quotations owing to strong demand for Paracetamol API by various Healthcare sectors during Q3 2022. Consistent production rate and operating cost kept the Paracetamol API market feeble throughout Q3 2022. With lowered shipment freights and tared resumption also kept the Paracetamol API market feeble.
For the Quarter Ending June 2022
North America
In the second Quarter of 2022, the prices of Paracetamol showcase an upward trend owing to increased demand from the downstream pharmaceutical industry and other logistic issues. The lockdown imposition and strict policies in exporting countries disrupted the supply chain in regional and overseas markets. At the onset of the first half of Q2 2022, the price increment by 10% also affected the paracetamol prices. Furthermore, the pandemic's resurgence prompted increased demand for analgesics such as Paracetamol. Also, the surging demand and increased operating cost prompted the prices to increase significantly. With shipment restrictions and route disruption, the prices were driven to increase throughout the second Quarter.
Asia
In the second Quarter of 2022, the prices of Paracetamol rose because of increased demand from the downstream pharmaceutical industry. The lockdown imposition in China's financial capital Shanghai disrupted the supply chain in regional and overseas markets. At the commencement of the second half of Q2 2022, the government-imposed policies stating price increment by 10%, which also affected paracetamol prices. Moreover, the pandemic initially created high demand for analgesics such as Paracetamol which further led to the surging demand and increased operating costs prompting the prices to increase significantly. Toward the termination of Q2 2022, the prices of Paracetamol were recorded to be USD 9860/ton Fob Shanghai with a quarterly inclination of 3.43%.
Europe
The market prices of Paracetamol during the end of the second Quarter of 2022 recorded to be stable due to stable demand, which lower the price value of Paracetamol. The enough supply and existing inventories kept the prices at ease. Also, firm demand for Paracetamol by various Healthcare sectors during the end of the march propelled domestic merchants to lower their quotations. Regular operating cost and production rate kept the paracetamol market feeble for the first two months. Towards the termination of Q2 2022, the paracetamol prices increased slightly and were accessed at USD10500/MT with the quarterly declination of 0.90%
