For the Quarter Ending December 2022
In the 4th quarter of 2022, the North American market for Trazodone HCL experienced a small decline, with prices falling from $131955/mt to $130000/mt from October to December. Due to China's Golden Week vacation, Trazodone HCL imports were suspended during the first week of October. Domestic suppliers were able to meet the demand for the majority of the quarter due to the sizable product stockpiles, and up until that point, offtakes in the end-user industries remained typical. At the end of the quarter, a pattern shift in the market for Trazodone HCL was brought on by an unexpected rise in Covid cases in China. The damaged supply chain did, however, begin to mend as the economy grew, and there was a significant drop in the backlog at the ports.
Trazodone HCL price trends in the Asia Pacific region during the fourth quarter of 2022 did not exhibit any significant swings. Prices for FOB Shanghai in China declined somewhat from October to December, from $129060/MT to $128000/MT. Orders for Trazodone HCL for China's pharmaceutical API market steadily decreased during the first week of October as a result of the shutdown of manufacturing facilities for the Golden Week. Due to plentiful supplies, Chinese producers and suppliers were able to satisfy demand throughout the entire quarter. In reaction to criticism and severe upheaval in the country in December, the administration changed its zero-covid regulations, making the country susceptible once more.
As prices in Germany grew from $129740/mt to $130850/mt between October and November, the market for Trazodone HCL in the European region displayed a different trajectory. Despite the unanticipated increase in COVID cases, there was evidence of positive end-user demand, and foreign demand was greater in the first half of the quarter than it was in December. Despite rising energy and raw materials costs in the end-user sectors, demand in Germany remained strong.
For The Quarter Ending September 2022
The prices of Trazodone Hcl inclined significantly with a positive trend during the first half of Q3 in the North American region, which was supported by healthy downstream demand and inquiries within the domestic market. Further, the prices started to decline following the mid-q3 and increased again towards the termination of the third quarter on an upper side backed by consistent requirements. The local vendor had enough inventories to meet the overall demand. Overall, in the third quarter, Trazodone Hcl prices inclined stably with the settlement of USD 165550 /MT CFR Los Angeles in the United States.
In the Asia Pacific region, the prices of Trazodone Hcl showcased mixed market sentiments owing to fluctuating downstream demand from end-user pharmaceutical sectors. The prices inclined stably during the first half of q3 owing to healthy downstream demand and sufficient supplies witnessed in the domestic market. Furthermore, following the h2 of q3, the halt in production activities and port congestion led to stockpiling of shipments at the ports, which supported the pricing tendency of Trazodone Hcl in the market. Moreover, towards the termination of q3, the prices of Trazodone Hcl were assessed with the inclined trend at USD 153000 /MT FOB Shanghai in China.
In Europe, the price for Trazodone Hcl showcased ascending market sentiments during the third quarter of 2022. Lower consumption and weaker inquiries from the customer side affected the price value of Trazodone Hcl in Europe. Additionally, weaker Trading activity witnessed continuously in mid-Q3 resulted in the stockpiling of cargoes at the European ports, supporting the pricing sentiments of Trazodone Hcl in Germany. Furthermore, towards the termination of Q3, the imbalanced supply-demand was observed; higher demand with halted trading momentum and rerouting activities kept the prices of Trazodone Hcl on the higher side. Overall, the prices settled for Trazodone Hcl were at USD 172550 /MT CFR Hamburg.
In the North American region, the Trazodone Hcl market showcased an declined sentiment thorughtout the second Quuarter owing to weaken downstream demand which resulted in stockpiled inventories. Furthermore, the lowere feedstock trazodone and hydrogen chloride prices supported the C19H23Cl2N2O price trends in the market during Q1 of 2022.Moreover , haltedtrading activities and lessen supplying tendency from the chinese market affected the values of Trazodone Hcl in North America. with this the prices recorded for Trazodone HCL were settled at USD 164770/ MT at the end of June.
In the Asia Pacific region, the prices of Trazodone Hcl showcased upside-down sentiments owing to varying factors, such as labor shortage, disrupted supply chain, and Russian-Ukraine geopolitical tension. At the start of Q2 2022, the prices declined owing to weaker the demand-supply side which resulted in a dull export-import momentum. During the mid-Q1, API supplies from China were consolidated owing to enhanced Covid-19 cases, which influenced the market leading to Trazodone price decrement. Furthermore, the price went stable in June owing to slight increment in its demand. With this the prices recorded for Trazodone Hydrochloride were settled at USD 152220/MT FOB Shangai.
In the European region, the Trazodone Hcl market showcased a similar sentiment. The market price of trazodone-based medications has decreased due to weaken demand from various end-user businesses, including the pharmaceutical and biotech sectors. In addition, with the end of Q2 the recurrence of the COVID epidemic increased the condition of insomnia problems, which boosted public awareness of the target illness and sparked the development of drugs like Trazodone Hcl and related products, spurring its market price. Additionally, during Q1 2022, the market price of trazodone hydrochloride increased due to the higher feedstock prices for the drugs. With this the prices recorded for Trazodone Hydrochloride were settled at USD 179000/MT CFR Hamburg.