For the Quarter Ending December 2022
North America
During the fourth quarter of 2022, Terbinafine Hydrochloride market dynamics were changing in the North American region. Prices were expected to increase through the second month of the quarter starting with Q4 2022 because of the high cost of manufacturing, numerous logistical issues, and rising inflation. Rising transportation costs and port congestion at the key ports also helped to keep the market position strong. Prices begin to decline later in December as a result of softening inflation and declining end-user sector demand. Values were accessed at USD 83520/MT CFR Houston at the end of Q4.
Asia
In the fourth quarter of 2022, the Terbinafine Hydrochloride market in the Asia Pacific region experienced erratic growth. At the beginning of Q4 2022, it was reported that rising end-user sector demand, a number of logistical issues, and rising inflation would cause prices to grow through the second month of the quarter. The strict zero covid regulations and frequent lockdowns in the Chinese provinces have had an effect on the market. Terbinafine Hydrochloride costs did, however, decrease later in December since domestic retailers had sufficient stock on hand. Additionally, the market remained weak due to the policies' easing and the lackluster downstream demand. Towards the end of Q4, the prices of Terbinafine Hydrochloride were recorded at USD 74400/ton FOB Shanghai.
Europe
Terbinafine Hydrochloride prices in the European region showed a see-saw tendency in the fourth quarter of 2022. Terbinafine Hydrochloride has been consistently in demand from the pharmaceutical industry's downstream market during the first two months of Q4 2022. The supply chain was impacted by the continuous port congestion and supply disruption in the European region, which led to price increases in the first two months of Q4 022. Terbinafine Hydrochloride trajectory was also affected by the high freight costs. Due to the impending holiday season and the need to meet it, European retailers have decided to refill their stocks in large quantities. Nevertheless, the prices drop in the month of December owing to existing inventories and lowering demand from the end-user sector. Towards the end of Q4 2022, the prices of Ivermectin were recorded at USD 853300/MT CFR Hamburg.
For the Quarter Ending September 2022
North America
Terbinafine Hydrochloride's market in North America saw a declining trend during the third quarter of 2022 because of steady demand from the downstream pharmaceutical industry. The global market for the raw material dichlorobenzene had consistent market sentiments. Since the Asian nations are the primary source of product supply for the North American region, a sufficient supply led to product availability in the local market. Due to ample stocks among domestic suppliers and slow demand from the downstream pharmaceutical industry, prices declined as Q3's second half finished. By the end of Q3 2022, Terbinafine Hydrochloride values were found at USD 82720/MT, with an average quarterly decline of 0.78%.
Asia
Global demand for Terbinafine Hydrochloride has been increasing since the beginning of the third quarter of 2022, owing to increasing market demand and improved market sentiments. Also, the market sentiments of raw material dichlorobenzene showcased rising market sentiments. At the onset of the second half of Q3, the prices dropped gradually due to a stabilization in demand from regional and overseas markets. Also, enough existing inventories among the domestic merchants to cater to consumer demand kept the market sentiments feeble. Towards the termination of Q3 2022, the prices were recorded to be USD 72800/MT with an average quarterly declination of 0.70%.
Europe
Terbinafine Hydrochloride prices were observed to be declining with a steady price trend until the third quarter of 2022. Furthermore, the Prices for feeds containing dichlorobenzene also demonstrated a declining trajectory with gradual stabilization. The Terbinafine Hydrochloride market remained weak due to existing stockpiles and a steady supply chain among domestic retailers. Lowering unit costs with stable operational activities also kept the market feeble. Terbinafine Hydrochloride prices were reported to be USD 84550/MT at the end of Q3 2022, with an average quarterly decline of 1.91%. The downstream pharmaceutical industry's continually declining demand caused the Terbinafine Hydrochloride market to be sluggish.
North America
In North America, the market of Terbinafine Hydrochloride showcased a decreasing trajectory throughout the quarter due to stable demand from the downstream pharmaceutical sector. The raw material dichlorobenzene market witnessed stable market sentiments globally. Since the North American region relies on the Asian countries for the supply of products, enough supply prompted the product availability in the regional market. With the commencement of the second half of Q2, the prices remained decelerating owing to enough inventories and sluggish demand from downstream pharmaceutical industry. Towards the end of Q2 2022, the values accessed for Terbinafine Hydrochloride at USD 89460/MT with the quarterly declination of 4.93%.
Asia
Global demand for Terbinafine Hydrochloride has been increasing since the beginning of this quarter owing to, increasing market demand and improved market sentiments. The dynamics of Terbinafine Hydrochloride were supported by gradually growing demand from downstream pharmaceutical industries. Also, the market sentiments of raw material dichlorobenzene also showcased rising market sentiments. At the onset of the second half of Q2, the prices increased due to increasing demand from regional and overseas markets. Also, with suspended transportation, port congestion, and route disruption, prices gradually increased with positive cost support. Towards the termination of Q2 2022, the prices were recorded to be USD 74420/MT with the quarterly inclination of 1.96%.
Europe
Prices of Terbinafine Hydrochloride were recorded to be accelerating with gradual stabilisation in price trajectory towards the termination of Q2 2022. The prices of feeds dichlorobenzene showcased a hiked-up market trajectory with gradual stabilisation. Suspended transportation and route disruption owing to geopolitical tension due to the Russia Ukraine war affected the prices to be on the slightly higher side of the price trajectory. Towards the outset of the second half of Q2 2022, Terbinafine Hydrochloride prices were recorded to be USD 84700/MT with the quarterly declination of 0.94%. With steadily increasing demand from the downstream pharmaceutical industry prompted the Terbinafine Hydrochloride market to be firm.
