For the Quarter Ending March 2026
Terbinafine Hydrochloride Prices in APAC
- In China, the Terbinafine Hydrochloride Price Index rose by 6.29% quarter-over-quarter, driven by supply and exports.
- The average Terbinafine Hydrochloride price for the quarter was USD 54666.67/MT, reflecting steady export demand.
- Export-led buying supported the Terbinafine Hydrochloride Spot Price while exporters maintained disciplined FOB offers globally.
- Short-term Terbinafine Hydrochloride Price Forecast shows upside as restocking, and order finalisations sustain FOB levels.
- Elevated electricity tariffs influenced the Terbinafine Hydrochloride Production Cost Trend, pressuring conversion margins for producers.
- The Terbinafine Hydrochloride Demand Outlook remained positive as dermatological and oral formulations sustained procurement schedules.
- Environmental inspections trimmed small-scale output, tightening the Terbinafine Hydrochloride Price Index and reducing spot availability.
- Two-week exporter inventories and orderly logistics limited volatility, enabling sellers to defend their offers reliably.
Why did the price of Terbinafine Hydrochloride change in March 2026 in APAC?
- Intensified provincial environmental inspections temporarily sidelined small GMP lines, tightening available supply and elevating FOB offers.
- Higher coastal electricity tariffs raised conversion costs, permitting producers to pass through production cost pressures.
- Firm offshore demand from India and Europe absorbed tightened supply, sustaining upward momentum in March.
Terbinafine Hydrochloride Prices in Europe
- In Germany, the Terbinafine Hydrochloride Price Index rose by 6.3% quarter-over-quarter, driven by tighter EU audits.
- The average Terbinafine Hydrochloride price for the quarter was approximately USD 54766.67/MT, reflecting demand stability.
- Tight export allocation lifted the Terbinafine Hydrochloride Spot Price, pressuring landed costs for Hamburg shipments.
- Higher solvent and compliance expenses pushed the Terbinafine Hydrochloride Production Cost Trend upward in exports.
- Stable prescription and OTC sales preserved the Terbinafine Hydrochloride Demand Outlook, preventing downward price pressure.
- Vendor guidance and steady imports shape the Terbinafine Hydrochloride Price Forecast, suggesting modest monthly gains.
- Distributor inventories remained near averages, limiting buying and moderating the Terbinafine Hydrochloride Price Index volatility.
- Smooth Hamburg port operations reduced logistics premiums, supporting steady imports of Terbinafine Hydrochloride into Germany.
- Buyers accepted premiums to secure EU audited lots ahead of Easter, reinforcing Terbinafine Hydrochloride allocation.
Why did the price of Terbinafine Hydrochloride change in March 2026 in Europe?
- EU GMP audit schedules constrained allocable export lots, reducing available free-on-board cargoes to Hamburg significantly.
- Indian plant pauses and Chinese output diversion trimmed exports, tightening Terbinafine Hydrochloride supply into Europe.
- Limited substitution options and distributor inventories prompted buyers to accept higher offers, lifting March prices.
Terbinafine Hydrochloride Prices in North America
- In the USA, the Terbinafine Hydrochloride Price Index rose by 6.28% quarter-over-quarter, reflecting logistics-driven landed costs.
- The average Terbinafine Hydrochloride price for the quarter was approximately USD 54776.67/MT, reflecting stable inventories.
- Physical tightness and freight surcharges pushed the Terbinafine Hydrochloride Spot Price upward, reducing distributor cover.
- Analysts' Terbinafine Hydrochloride Price Forecast expects moderated gains as import flows normalize and buyers rebuild.
- Rising ocean freight and bunker premiums influenced the Terbinafine Hydrochloride Production Cost Trend, pressuring margins.
- Steady dermatology prescriptions supported the Terbinafine Hydrochloride Demand Outlook, keeping procurement forecast-driven rather than opportunistic.
- Warehouse inventories and accelerated bookings caused the Terbinafine Hydrochloride Price Index to display logistics sensitivity.
- Export availability from Indian DMF sites remained adequate, supporting steady supplies despite freight-linked cost increases.
Why did the price of Terbinafine Hydrochloride change in March 2026 in North America?
- Higher Shanghai-Houston container freight elevated landed costs, transmitting freight-driven upward pressure to CFR Los Angeles.
- Intermittent Gulf-Coast vessel bunching and port congestion extended clearance times, prompting buyers to accelerate bookings.
- Consistent dermatology prescriptions and formulary placements sustained procurement, enabling distributors to accept higher landed-cost offers.
For the Quarter Ending December 2025
North America
• In the USA, the Terbinafine Hydrochloride Price Index rose by 0.24% quarter-over-quarter, reflecting landed-cost increases.
• The average Terbinafine Hydrochloride price for the quarter was approximately USD 52801.67/MT per CFR reports.
• Terbinafine Hydrochloride Spot Price reflected input inflation and reduced ocean freight, easing landed cost pressure.
• The Terbinafine Hydrochloride Price Forecast indicates mild upticks as buyers restock ahead of early-2026 cycles.
• Terbinafine Hydrochloride Production Cost Trend rose as solvents and reagents increased synthesis expenses in Asia.
• Terbinafine Hydrochloride Demand Outlook remained defensive with steady pharmacy off-take supporting procurement without speculative restocking.
• The Terbinafine Hydrochloride Price Index recorded gains amid balanced inventories and disciplined Asian export offers.
• Indian producers ran schedules, Los Angeles port throughput normalized, and inventories remained comfortable for US demand.
Why did the price of Terbinafine Hydrochloride change in December 2025 in North America?
• Stable Indian export volumes and distributor stocks limited upside, keeping CFR prices near the month-end period.
• Falling Asia-US ocean freight reduced landed costs, offsetting modest solvent-driven production cost pressures from India.
• Pharmacy demand held steady seasonally, preventing declines despite tariff uncertainty and domestic currency volatility effects.
APAC
• In China, the Terbinafine Hydrochloride Price Index rose by 0.25% quarter-over-quarter, reflecting modest export-driven firming.
• The average Terbinafine Hydrochloride price for the quarter was approximately USD 51433.33/MT, reported by Qingdao exporters.
• Terbinafine Hydrochloride Spot Price exhibited slight firming as bonded inventories normalized and freight premiums eased.
• Terbinafine Hydrochloride Production Cost Trend showed pressure from naphthalene feedstock and sustained coastal power tariffs.
• Terbinafine Hydrochloride Demand Outlook remains supported by export enquiries and modest domestic topical consumption increases.
• Terbinafine Hydrochloride Price Forecast signals modest gains as buyers restock ahead of Lunar New Year.
• Export parity shifts and RMB moves influenced the Price Index, prompting exporters to protect netbacks.
• Domestic plants ran routinely with normal inventories, limiting volatility and restricting the sharp spot availability period.
Why did the price of Terbinafine Hydrochloride change in December 2025 in APAC?
• Port disruptions and Golden Week recoveries temporarily constrained exports, tightening supply and lifting FOB quotes.
• Firmer feedstock and coastal power tariffs sustained production cost pressure, supporting price increases in December.
• Robust export enquiries from India and Europe, restocking ahead of the Lunar New Year, propped up demand.
Europe
• In Germany, the Terbinafine Hydrochloride Price Index rose by 0.21% quarter-over-quarter, driven by Asian pass-through.
• The average Terbinafine Hydrochloride price for the quarter was approximately USD 52791.67/MT, reported by German importers.
• Terbinafine Hydrochloride Spot Price was firm in December as Indian offers tightened, and Hamburg logistics continued.
• The Terbinafine Hydrochloride Price Forecast signals modest monthly gains driven by compliance costs and demand.
• Terbinafine Hydrochloride Production Cost Trend shows increased intermediate and energy expenses regionally pressuring CFR offers.
• Terbinafine Hydrochloride Demand Outlook remains stable with pharmaceutical offtake supported by OTC and prescription volumes.
• Terbinafine Hydrochloride Price Index sensitivity increased as distributor inventories normalized and export demand pressured availability.
• Domestic pilot lines remained marginal; Asian supplier discipline and Hamburg throughput stability influenced Price Index.
Why did the price of Terbinafine Hydrochloride change in December 2025 in Europe?
• Elevated Asian production and compliance costs passed through to CFR offers, nudging landed prices higher.
• Stable German offtake and steady OTC demand removed buyer bargaining power, supporting modest price appreciation.
• Hamburg port throughput normalized and limited logistics disruptions prevented sharper spikes, keeping increases contained thereby.
For the Quarter Ending September 2025
North America
• In the USA, the Terbinafine Hydrochloride Price Index fell by 1.54% quarter-over-quarter, reflecting demand normalization.
• The average Terbinafine Hydrochloride price for the quarter was approximately USD 52676.67/MT, across distributors nationally.
• Terbinafine Hydrochloride Spot Price eased in August as frontloaded imports subsided and logistical delays decreased.
• Terbinafine Hydrochloride Price Forecast anticipates modest upward adjustment in Q4 as restocking gradually supports pricing.
• Terbinafine Hydrochloride Production Cost Trend shows input inflation offset by easing freight and handling expenses.
• Terbinafine Hydrochloride Demand Outlook remains steady, with forward buying driven by tariff uncertainty and seasonality.
• Price Index swings mirrored July port congestion then August relief, producing mixed transactional price signals.
• Inventory normalization reduced urgent export demand, while major producers maintained stable operations and disciplined restocking.
Why did the price of Terbinafine Hydrochloride change in September 2025 in North America?
• Frontloaded imports earlier in summer temporarily tightened availability, then subsided, producing net downward price pressure.
• Inflationary input costs and higher logistics pushed supplier bids, while freight normalization later reduced pressure.
• Buyer precaution amid tariff uncertainty depressed August orders, softening short-term demand and alleviating price rises.
APAC
• In China, the Terbinafine Hydrochloride Price Index fell by 1.47% quarter-over-quarter, driven by frontloaded shipments.
• The average Terbinafine Hydrochloride price for the quarter was approximately USD 52580/MT reported by exporters.
• Terbinafine Hydrochloride Spot Price showed short-term volatility as freight rate changes affected export competitiveness margins.
• Terbinafine Hydrochloride Price Forecast indicates modest gains as inventories normalize and seasonal restocking supports demand.
• Terbinafine Hydrochloride Production Cost Trend rose modestly due to higher freight and weather-related manufacturing disruptions.
• Terbinafine Hydrochloride Demand Outlook remains positive with North American restocking ahead of tariff suspension ending.
• Inventory levels partially eased but elevated in places, keeping the Terbinafine Hydrochloride Price Index supported.
• Exporters adjusted schedules, some producers ran leaner operations, affecting availability and near-term export volumes slightly
Why did the price of Terbinafine Hydrochloride change in September 2025 in APAC?
• Frontloaded export shipments earlier in summer reduced immediate buying interest, easing upward price pressure significantly
• Removal of peak season surcharges and slower Golden Week orders reduced logistical costs and demand
• Typhoon-related port delays prolonged shipment lead times, prompting cautious buyer behavior and suppressed spot transactions
Europe
• In Germany, the Terbinafine Hydrochloride Price Index fell by 1.45% quarter-over-quarter, due to port congestion.
• The average Terbinafine Hydrochloride price for the quarter was approximately USD 52683.33/MT, including import premiums.
• Port disruptions lifted the Terbinafine Hydrochloride Spot Price as importers accelerated purchases to secure supply.
• Near-term Terbinafine Hydrochloride Price Forecast points to increases driven by logistics costs and restocking demand.
• Observed Terbinafine Hydrochloride Production Cost Trend remained stable; feedstock prices and manufacturing margins showed movement.
• The Terbinafine Hydrochloride Demand Outlook indicates cautious procurement by pharmacies and hospitals, sustaining restocking behaviour.
• Inventory normalization eased surcharges and volatility in the Terbinafine Hydrochloride Price Index late in quarter.
• Export disruptions and carrier reroutes maintained premiums, keeping Terbinafine Hydrochloride spot and contract prices elevated.
Why did the price of Terbinafine Hydrochloride change in September 2025 in Europe?
• Port congestion and low Rhine water reduced barge capacity, raising freight costs and delaying shipments.
• Importers initially restocked to avoid shortages, tightening available spot volumes and pushing transaction prices upward.
• Removal of peak seasonal surcharge and inventory normalization reduced upward pressure on prices in September.
For the Quarter Ending June 2025
North America
• The Terbinafine Hydrochloride Price Index in the USA rose by 4.22% in April 2025, supported by a 145% tariff on Chinese goods that drove preemptive procurement and pushed Product Spot Prices upward.
• The Product Demand Outlook remained firm in April, as easing inflation (CPI at 2.3%) maintained consumer confidence and supported sustained pharmaceutical offtake.
• April’s supply chain tightening was fueled by a 9.1% YoY rise in U.S. container imports, with buyers accelerating sourcing due to geopolitical risk and shifting toward non-Chinese suppliers.
• In May, the Price Index dropped by 0.70% as overstocking from April led to inventory destocking, while a mid-May tariff truce and a new U.S. drug pricing order curbed fresh orders.
• Product Spot Prices in May softened amid a sharp 20.8% decline in China-origin pharmaceutical imports, easing pressure on domestic availability and altering buyer behavior.
• President Trump’s May 12 executive order introducing the “Most Favored Nation” pricing model dampened market confidence and further limited Terbinafine Hydrochloride purchasing activity.
• In June, the Price Index rebounded by 1.45% due to early importer action, inflation-linked cost escalations, and forward purchasing aimed at mitigating future trade volatility.
• Buyers brought forward late-year orders in June to capitalize on stable trade conditions, creating mild supply-side tightness that pushed up Product Spot Prices.
• The Product Production Cost Trend turned inflationary in June as broader U.S. price adjustments encouraged pharmaceutical buyers to lock in current rates.
• In July 2025, prices are likely to increase modestly as suppliers delay restocking, distributors shift from deep discounting to margin protection, and localized availability remains tight.
APAC
• The Terbinafine Hydrochloride Price Index in China rose sharply by 4.30% in April 2025 due to tight supply, strong domestic demand, and frontloaded U.S. orders ahead of a 145% tariff, pushing the Product Spot Price to USD 53,400/MT.
• A solid Product Demand Outlook in China was reinforced by seasonal restocking, strategic pharmaceutical procurement, and pre-summer inventory buildup by local manufacturers.
• April's Product Production Cost Trend remained firm as outbound logistics tightened amid high order volumes and limited upstream availability.
• In May, the Price Index declined by 0.75% to USD 53,000/MT, as weakened exports, sluggish global demand, and accumulated inventories triggered cautious buyer sentiment and price reductions.
• Chinese manufacturing saw its sharpest contraction in over a year in May, reducing order inflows and causing inventory backlogs that led to supplier price concessions.
• May's subdued Product Demand Outlook reflected delayed shipments and regulatory confusion following the temporary lifting of U.S. tariffs mid-month.
• In June, the Price Index rebounded by 1.32% to USD 53,700/MT, supported by a 90-day U.S. tariff suspension and an early export rush led by North American buyers.
• Ocean freight GRIs and tight shipping space drove costs higher, influencing suppliers to adjust prices upward to protect margins.
• Export-centric production rebounded moderately in June, clearing excess stock and enabling higher pricing flexibility amid a positive short-term outlook.
• Price Index likely to increase in July 2025 as U.S. buyers frontload more orders before the August tariff window closes, with Product Spot Prices expected to remain elevated due to strong international demand and limited supply expansion.
Europe
• The Terbinafine Hydrochloride Price Index in Germany rose by 4.24% in April 2025, driven by seasonal logistics disruptions, port congestion, and shifting global trade flows impacting supply chains.
• Germany’s Product Spot Price in April was supported by stronger downstream demand due to improved consumer confidence and stable inflation, which encouraged buyers to accept moderate price increases.
• April’s market faced supply bottlenecks at Northern European ports like Hamburg and Antwerp, combined with rerouted shipments originally bound for the U.S., tightening regional inventory levels and pushing prices up.
• In May 2025, the Terbinafine Hydrochloride Price Index declined by 0.76%, reflecting sluggish retail demand, ample inventories, and continued logistical challenges that softened pricing.
• The May Product Price Forecast showed downward pressure as importers delayed fresh orders amid persistent port congestion and a cautious purchasing stance by downstream buyers.
• Despite a stable Consumer Price Index at 2.1%, inflationary pressures dampened healthcare spending, causing subdued Product Demand Outlook and prompting suppliers to reduce price offers.
• June 2025 saw a 1.38% increase in the Terbinafine Hydrochloride Price Index, influenced by worsening port congestion and unpredictable delivery timelines, which tightened supply availability.
• The Product Production Cost Trend in June was affected by extended lead times and rerouting, raising freight costs and encouraging early restocking to mitigate future disruptions.
• Importers increased procurement in June to safeguard against anticipated supply interruptions in July and August, supporting a firmer Product Spot Price despite steady downstream demand.
• For July 2025, the Product Price Forecast anticipates a likely increase due to expected worsening port congestion and persistent disruptions in Rhine River barge logistics, encouraging importers to boost orders and maintain supply continuity.
