For the Quarter Ending June 2023

North America



During the second quarter, the North American market saw a decline in Ammonium Chloride prices. This was primarily due to the decreasing prices of Ammonia and Natural Gas, which are used as feedstock. The US Bureau of Labor and Statistics reported a 2.6% decrease in the Natural Gas Index for the fourth consecutive month. The global economic slowdown and rising inflation also played a role in this trend. Buyers were hesitant to make… Continue

For the Quarter Ending June 2023

North America



The US spot market experienced a decline in the overall price of steel plates during the second quarter of June 2023. This was primarily attributed to the country's declining economic situation and a higher inventory level. In April, there was a glimmer of hope for the steel plate market as prices were high initially. However, production cuts were observed as the joint company of US Nucor and Japanese Yamato Kogyu – Nucor Yamato,… Continue

For the Quarter Ending June 2023

North America



In North America, the prices of Soybean Oil followed a similar downward trend as in Europe during Q2 2023. This was due to high soybean oil inventories in the region, ample supply from European buyers, and Russia's interruption of the black sea grain trade, which reduced exports from Ukraine, one of the main producers. Additionally, the decline in crude oil prices and lower Russian edible oil and grains offers had a negative impact… Continue

For the Quarter Ending June 2023

North America:



In the North American region, Sunflower Oil prices mirrored the market trend observed in Europe during the second quarter of 2023. The prices experienced a continuous decline since the beginning of the year, and market sources anticipated this downward trend to persist throughout the quarter. Factors contributing to this trend included the high stocks of sunflower oil in the region, ample supply from European buyers, and the… Continue

For the Quarter Ending June 2023

North America:



During Q3 2023, the Aluminum Sheet market in the USA exhibited a consistent pricing trend. Initially, prices surged in response to an interest rate hike by the US Federal Reserve aimed at curbing inflation and stimulating demand. The growth of the photovoltaic system industry further fueled consumption, and Alcoa's initiatives in energy transition and mining activities in Australia provided additional market momentum. However, the… Continue

For the Quarter Ending June 2023



North America



The US market experienced a decline in the price of Aluminium Ingot caused by surplus availability of imported Aluminium Ingot at a cheaper price, leading to the reduction in offer prices by local mills. In May, the simultaneous downfall of major banks in the USA caused a drastic effect on the marketing condition leading buyers to hold back from placing orders. This, coupled with rising fears of dwindling Aluminium Ingot… Continue

For the Quarter Ending June 2023

North America

The overall crude oil market in the US contracted during the second quarter due to volatile market sentiment and changing demand. Despite the announcement of production cuts by OPEC+ countries, crude oil prices increased by 3.38% during the first two weeks of April. However, a tight labor market and raised FD rate hampered demand and caused overall prices to decrease after witnessing multiple fluctuations, with a significant drop…

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For the Quarter Ending June 2023







North America



The Q2 calcium powder prices in the United States had a mixed pattern. In May, prices for all grades decreased by 1.18% and 1.13% for Calcium Citrate and Calcium Carbonate, respectively. This was due to a decrease in end-user demand and sufficient stock among market vendors. Additionally, destocking affected market sentiment negatively. However, in June, prices increased by 0.90% and 2.86% from May, driven by fewer… Continue

For the Quarter Ending June 2023







North America



The price of clopidogrel bisulfate in North America followed a similar declining trend as in the APAC region during the second quarter. Prices steadily decreased throughout North America compared to the first quarter, with the downward trend continuing until the last week of June. This was due to fluctuations in the downstream market for the feedstock used to make clopidogrel bisulfate, as well as a decline in… Continue

For the Quarter Ending June 2023

North America

The prices of Oxcarbazepine in North America experienced a downward trend in the second quarter of 2023. Weak demand and high stock levels impacted the market fundamentals, leading to sluggish trading conditions. Domestic sales dropped due to higher inflation, while inquiries from the regional market remained weak. Retailers faced bloated warehouse inventories as they had ordered excessive stock during the pandemic to meet surging…

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For the Quarter Ending June 2023



North America



The Palm Kernal Oil (PKO) market in North America experienced a mixed trajectory during the second quarter. Prices initially rose as imports were moderate and supplies from exporting nations, notably Malaysia, were weak. This disrupted the market trend until April 2023. However, prices later fell globally due to weak regional trade activity and higher stocks in warehouses. Despite falling energy prices, the US still faced… Continue

For the Quarter Ending June 2023



North America



In the second quarter of 2023, the US market experienced fluctuations in the prices of Magnesium Acetate Tetrahydrate. Prices saw a significant decline overall, but towards the end of Q2, there were signs of market conditions easing due to sporadic fluctuations in supply and demand. Weak demand and high inventories had an impact on market trading fundamentals. Retailers faced challenges with excess inventory ordered during the… Continue

For the Quarter Ending June 2023

North America:



Carbamazepine prices in North America started on an optimistic note but ended on a pessimistic trend in the second quarter of 2023. The prices followed the market trend in India throughout the quarter, gradually increasing from the previous month until May 2023. This rise in prices was driven by improved demand in the pharmaceutical and healthcare industries, allowing retailers to charge higher prices. Despite the strengthening… Continue

For the Quarter Ending June 2023



North America



During the second quarter of 2023, the North American Sodium Metasilicate Pentahydrate market experienced fluctuations. Uncertain market outlook and fluctuating feedstock prices influenced these changes. Demand for various commodities in the US market was constantly changing due to unclear crude futures and rising interest rates. While supplies remained stable, there were minor availability hiccups during the mid-quarter that… Continue

For the Quarter Ending June 2023



North America



During the second quarter of 2023, Mustard Oil prices in North America followed a similar trend to the European market. The price initially decreased in the beginning of the quarter and continued to decline until the end of May. However, it saw a significant increase across the United States throughout June, indicating a positive market sentiment for Mustard Oil. The decrease in price was primarily due to high inventories of… Continue

For the Quarter Ending June 2023

North America

In North America, particularly the United States, the Maize (Corn) market closely mirrored the trends in the Asia-Pacific (APAC) region throughout the second quarter of 2023. Maize prices experienced a continuous decline from the first quarter through June 2023. This persistent downtrend was influenced by increased stockpiles, ample supply from European buyers, the suspension of black sea grain trade by Russia, which continued to…

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