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Ganesh Kumar's Blog – October 2023 Archive (56)
Metoprolol Succinate Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
Metoprolol succinate prices in the United States experienced a mixed trend during the second quarter. In May, prices increased by 0.61% due to higher demand from end-users and inventory replenishment activities. Although the manufacturing PMI indicated a slowdown in the US manufacturing sector, consumer demand remained strong, leading to higher prices for metoprolol succinate. However, in June, prices fell by 0.75%… Continue
Added by Ganesh Kumar on October 18, 2023 at 6:44am — No Comments
Vitamin B1 Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
The economic conditions in the US have shown signs of improvement in the second quarter of 2023 after a period of instability. However, the domestic Vitamin B1 (thiamine) mononitrate market in North America experienced a price stagnation during this period. The demand for vitamin B1 from pharmaceutical and nutraceutical industries weakened slightly in the second half of Q2. This, coupled with an abundant supply of… Continue
Added by Ganesh Kumar on October 18, 2023 at 6:23am — No Comments
Zinc Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
The Zinc powder market in North America experienced a relatively stable price trend during the second quarter of 2023. Prices in CFR California saw a slight decrease from $4280 per metric tonne in April to $4250 per metric tonne in June, resulting in a decline of -0.7% over the quarter. The United States initially showed positive signs as the economy improved, with inflation dropping by nearly 5%, reaching its lowest level in… Continue
Added by Ganesh Kumar on October 18, 2023 at 5:37am — No Comments
Glucosamine Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America:
The Glucosamine market in North America experienced a slight decline in prices during the second quarter of 2023. From April to June, the FOB New Jersey prices dropped from $9350 per tonne to $9300 per tonne, a decrease of -0.53%. This drop can be attributed to lower demand for Glucosamine in the US, as nutraceutical firms had ample stocks. The nutraceuticals sector in the country has shown mixed market activity due to differing… Continue
Added by Ganesh Kumar on October 17, 2023 at 7:47am — No Comments
Peanut Oil Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
In North America, Peanut Oil prices mirrored the market trends in Europe during the second quarter of 2023. Prices steadily declined from the beginning of Q2 until June, primarily due to high inventories and abundant supply among domestic merchants. Trade activity from Brazil, a major exporter of peanut oil, also weakened, further impacting prices in the region. Additionally, rising interest rates and higher energy prices hindered… Continue
Added by Ganesh Kumar on October 17, 2023 at 5:57am — No Comments
Isopropyl Alcohol Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
In North America, particularly in the USA, the prices of Isopropyl Alcohol (IPA) experienced a downward trend during the second quarter of 2023. Initially, the prices continued to rise due to increased demand from the pharmaceutical, chemical, and preservative sectors. This was driven by a surge in consumer demand, steady trade momentum, and reduced ocean freight charges. However, as the second quarter progressed, the prices of IPA… Continue
Added by Ganesh Kumar on October 17, 2023 at 5:10am — No Comments
Coconut Oil Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
During the second quarter of 2023, coconut oil prices in North America saw a decline, following the trend in the European market. This drop in price indicates continued weakness in the market sentiment for coconut oil. The decrease was attributed to high coconut oil inventories in North America, ample supply, and the Russian suspension of trade in black sea grain. Additionally, a decrease in exports from exporting… Continue
Added by Ganesh Kumar on October 17, 2023 at 4:39am — No Comments
Vitamin C Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America:
In the second quarter of 2023, the vitamin C market in North America underwent a bearish price trend. Price discussions for CFR Los Angeles witnessed a decline from $4,550 per metric ton to $4,020 per metric ton between April and June 2023, marking a 1.1% decrease over the quarter. The demand for vitamin C from end-users in the food and beverage, cosmetics, and nutraceutical industries in the US was marginally lower due… Continue
Added by Ganesh Kumar on October 16, 2023 at 7:24am — No Comments
Vitamin B12 Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America:
In the second quarter of 2023, the Vitamin B12 market in North America witnessed an upward price trajectory. Price negotiations for CFR Los Angeles surged from $1,830,500 per metric ton to $1,870,900 per metric ton between April '23 and June '23, indicating a substantial increase of 2.2% over the quarter. Following a moderation in the inflation rate at the end of Q1 2023, demand for Vitamin B12 experienced a… Continue
Added by Ganesh Kumar on October 16, 2023 at 6:08am — No Comments
Vitamin D Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America:
In the second quarter of 2023, the Vitamin D market in North America experienced a decline in prices. FOB New Jersey prices saw a decrease from $16,000 per metric tonne in April to $15,650 per metric tonne in June, marking a quarter-over-quarter decrease of -2.1%. This decline was attributed to cautious stocking by end-users in the pharmaceutical and nutraceutical industries in the United States, resulting in… Continue
Added by Ganesh Kumar on October 16, 2023 at 5:30am — No Comments
Biotin Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America:
In the second quarter in the United States, Biotin prices exhibited a mixed pattern. April witnessed a 4.59% surge in prices driven by substantial orders from end-user industries and a shortage of Biotin in the US market. The Purchasing Managers Index (PMI) for manufacturing settled at 47.1 in April, reflecting a contraction in the manufacturing sector. This contraction led to constrained supplies among manufacturers and… Continue
Added by Ganesh Kumar on October 16, 2023 at 4:56am — No Comments
Germanium Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
The price of Germanium in the United States experienced a decline in the second quarter of 2023. This drop can be attributed to various factors, including a weakening economy and a slowdown in the automotive and semiconductor industries. In June, the US government faced an economic crisis as several banks across the country faltered, leading to a debt crisis. As a result, inflation rates soared, prompting the local… Continue
Added by Ganesh Kumar on October 13, 2023 at 7:39am — No Comments
Chequered Plates Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
The price of Chequered Plates in North America saw a decline due to the weakening state of the economy. The second quarter witnessed a decrease in the US economy as large banks failed nationwide, leading to a debt crisis. Rising interest rates and inflation also contributed to a negative market attitude. The slumping economy reduced consumers' purchasing power and led to higher levels of local Stainless Steel inventory.… Continue
Added by Ganesh Kumar on October 13, 2023 at 4:36am — No Comments
Melatonin Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
In the second quarter of 2023, the Melatonin market in North America experienced a significant price decline. Prices dropped from $132,200 per metric tonne to $115,000 per metric tonne, marking a 13% decrease from April to June. The main reason behind this sharp decline was the decrease in Melatonin demand from downstream industries in the US, caused by regional suppliers overstocking. Despite diverging opinions on the… Continue
Added by Ganesh Kumar on October 13, 2023 at 3:19am — No Comments
Urea Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
In the North American market, the second quarter of 2023 saw a decline in Urea prices due to decreasing prices of its feedstock Ammonia and upstream Natural Gas. The low water levels in the Mississippi River, caused by high temperatures, affected exports from the USA to other countries, leading to surplus availability of Urea in the market. Hesitant consumer behavior, rising inflationary pressure, and the global economic… Continue
Added by Ganesh Kumar on October 13, 2023 at 2:55am — No Comments
Stainless Steel HR Coil Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
During the second quarter of 2023, the price of Stainless-Steel HR Coil in North America experienced a downward trend. This decline was primarily attributed to the worsening economic conditions, particularly the decline of major banks and the resulting debt crisis in the USA. The market sentiment became pessimistic due to rising inflation rates and increased interest rates. As a result, the purchasing power of buyers… Continue
Added by Ganesh Kumar on October 12, 2023 at 6:51am — No Comments
Galvanized Plain Sheet Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
The price of Galvanized Plain Sheet in the US spot market has declined due to the country's declining economic situation and higher inventory levels in the second quarter of June 2023. Initially, there was some hope as prices were high in April, but production cuts in April caused a decrease in prices. The economic uncertainties, including a debt crisis and the fall of major US banks, led to a pessimistic market… Continue
Added by Ganesh Kumar on October 12, 2023 at 6:30am — No Comments
Aluminium Wire Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
The United States Aluminum Wire market has experienced interesting trends recently. Initially, prices rose due to a 25% increase in local interest rates by the US Federal Reserve Board, aimed at controlling inflation. This decision proved beneficial, leading to increased demand, particularly within the photovoltaic system industry. Alcoa, a prominent player in the US Aluminum industry, played a crucial role in the energy… Continue
Added by Ganesh Kumar on October 11, 2023 at 7:16am — No Comments
Corn Starch Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
In the second quarter of 2023, the US Corn starch (Maize starch, Corn flour) market experienced volatility. The first two months of the second quarter saw steady price gains due to supply and demand dynamics. Increased demand from end-user suppliers led to a moderate shortage of Corn starch on domestic warehouse shelves, resulting in price hikes. Trade between Asia and the United States has increased since the abolition of the… Continue
Added by Ganesh Kumar on October 11, 2023 at 5:52am — No Comments
Wheat Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
North America
In the North American region, the second quarter of 2023 saw a mixed market trend for wheat prices. At the start of April, the prices of wheat in Canada saw a slight improvement due to increased domestic inquiries and available stockpiles among local merchants. However, there was a significant dip in wheat prices in the middle of the second quarter. This was caused by a decline in manufacturing activities and weakened raw… Continue
Added by Ganesh Kumar on October 11, 2023 at 5:20am — No Comments
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