Chemanalyst

Over the first quarter of 2023, there were fluctuations in the Wheat Prices in North America, and the first month of the quarter saw a fall in prices. Because of the lack of demand and easy access to supplies in the domestic market, Wheat prices have been continuously declining. A decrease in prices is seen in the second month of Q1 as a result of favorable weather in the Northern Hemisphere. The oil and gas industries need for shale gas was also sufficient. In the final month of the quarter, there were enough inventories, and the weather returned to normal, which helped the forecast for outp

The Melatonin Prices demonstrated an upward momentum during the first quarter of 2023, with FOB New York prices escalating from $130260 per MT in January to $133860 per MT in March. Considering the market instability in the previous quarter, industry experts had anticipated that the pharmaceutical and nutraceuticals industries would continue to sail through mixed sentiments during the first quarter of 2023. However, consistent demand for Melatonin throughout the quarter from the end users and reasonable inquiries from downstream suppliers maintained the market dynamics in the US. Since the su

Overall market dynamics of Ethanol Prices in the North American market remained stable on account of a balanced production rate and available stockpile with end-use manufacturing units. USDA figures showed an increase in production rate and increased demand for the commodity in the biofuel production industry. Domestic and foreign demand for the product was mild, and the producer had an abundant stockpile to meet domestic demand. Towards the quarter end, the final price of Ethanol was determined by the tight supply of sugar in the US market, as well as the rising demand from the biofuel and f

Azithromycin Price displayed stable market dynamics throughout the first quarter of 2023. With the start of Q1 2023, prices were recorded to increase stably, supported by sustained purchases from the pharmaceutical end-user industry and merchant stocks to meet demand. Also, the ease of trade disruption supported the Azithromycin market trend. With an average quarterly inclination of 0.40%, the settlement price of Azithromycin API was recorded at USD 103750/MT CFR Houston. Enough inventories among the merchants and the domestic suppliers kept the market situation firm. With stable production c

The Peanut oil Prices increased in the fourth quarter of 2022 as a result of increased domestic demand in the North American housing and food industries. Prices climbed due to high input costs in the first half of Q4 of 2022 as a result of a shrinking supply and rising demand. Prices rose in tandem with the end-use industries' continually high demand throughout the second half of Q4. Due to the rise in the price of other edible oils, peanut oil became a different home oil source in several areas, causing its price to rise as well. The price of peanut oil for the USA in December 2022 was repor

As the fourth quarter of 2022 ended, Stainless Steel prices showed a dwindling price movement due to falling downstream inquiries and higher inventories. Buyers were focused in October on reducing inventories across all flat products through the end of the year, which kept them out of the spot market. Mills had attempted to remain competitive with import offers despite falling scrap prices, as downstream demand from new projects did not warrant additional spot buys or bookings of larger imports or rising financing costs. Mill margins were under pressure as input costs rose and the continued p

North American region, primarily the United States market, the Carnitine Prices plummeted during the final Quarter of 2022. With the start of the fourth quarter er, the prices increased considerably. The prices witnessed an increment during the first half of the fourth quarter due to rising inflation, numerous logistic issues, and higher manufacturing cost in the export country. Additionally, prices began to drop progressively in the middle of the fourth quarter because fewer inquiries kept the stocks at their highest levels later in December. Also, with ease in inflation and other logistics,

In North America, Metronidazole prices escalated from USD 36825/MT to USD 37525/MT in October and November of 2022 in the USA before dropping to USD 36225/mt in December. Metronidazole imports were halted during the first week of October due to China's Golden Week holiday. Given the substantial product inventories, domestic suppliers were able to meet the demand for most of the quarter, and up until this point, offtakes in the end-user industries continued to be above normal. The unanticipated increase in Covid cases in China caused a pattern shift in the market for Metronidazole in the secon

The Naphthalene Pricing were down in the Quarter ending December 2022, backed by the lower demand from the downstream textile and pharmaceuticals industry along with ambiguity in the upstream crude oil values in the US market. As a result of volatile upstream crude oil, petrochemical prices declined in this quarter, amidst ample supplies weighed on the demand from the paint manufacturers and the other downstream sector of the country in mid-Quarter. The soft domestic market has caused a downturn in Naphthalene prices in the fourth quarter of 2022. Moreover, the ongoing supply chain disturbanc

Overall, the Ethylene Carbonate Pricing in the North American region has observed mixed sentiments throughout the fourth quarter of 2022. This development has been majorly attributed to the fluctuation and uncertainties in the cost support from the upstream Naphtha in the domestic market. At the same time, the slowdown in the APAC EV market has also impacted the regional EV market across the North American region. In addition, the participation of the European players has considerably hindered the availability by pressurizing the value chain. However, the operating rates at the facilities wer

The Diisopropyl Ether price shifted sentiments during the final quarter of 2022. Initially, prices increased amid high inflation and moderate product supplies. Then the price trend shifted, and product prices decreased in the North American region. From the mid-quarter, feedstock Propylene prices decreased on the back of firm inventory levels and a reduction in WTI Crude oil prices. Production rates remained firm, and due to this, production costs of DIPE decreased noticeably in the H2 of the quarter. Towards the end of the quarter, feedstock IPA prices plunged again and negatively impacted t

Due to consistent demand from the Aluminium sector, Bauxite Prices in North America increased throughout the third Quarter of 2022. At the termination of Q3 of 2022, the local market had limited supply and strong demand because of port congestion at the container terminals of the US west coast and high inflationary costs pressure on the commodity market amid a rise in the upstream energy values. The prices were also impacted by the increasing demand from the downstream industries, including metallurgy and chemical industries. Meanwhile, traders indulged in making sales at high-profit margins

The price of raw polyamide showed a mixed trend in the third quarter of 2022 since North America has a restricted supply of feedstocks like caprolactam and adipic acid. Although there was an increase in orders from the textile industries, downstream demand for Nylon filament yarn (NFY) remained constant throughout the quarter. Additionally, due to ample supplies and growing market uncertainty, the price of nylon filament yarn had also fallen. Later, the region's Nylon Filament Yarn Pricing increased due to the significant cost pressure brought on by the storm's effects.

The Valsartan Price in the North American region followed an increasing path in the second quarter of 2022. Healthy downstream pharmaceutical demand with lessened supply and reduced stocks with the suppliers affected the cost of Valsartan API further. During the second quarter, the market was volatile also due to protracted port congestion and a disrupted supply chain from China. Also, the trading activities were disrupted from various exporting countries resulting in higher freight charges and rerouting activity, positively impacting the price of Valsartan API. Also, manufacturing costs have

The Streptomycin Sulphate Prices increased in the second quarter of 2022 with a surge in downstream demand in the North American region. Increased demand from the pharmaceuticals sector amid limited supply in the market resulted in a rise in the price trend. Moreover, disruptions in the market activities of Streptomycin Sulphate API were seen in the second quarter owing to the high logistics and fuel costs amidst a high inflation rate. Prices increased in June due to hampered manufacturing activities and delays in the North American region. Market players passed the rise of input costs to the

The Ethoxylated Tridecyl Alcohol Pricing in the North American region staggers slowly during the second quarter of 2022. The inflation majorly caused this market development after the U.S, and the E.U, with the support of G20 nations, imposed sanctions on Russia. The cost support from the upstream fats and oil market remains persistently on an upward trajectory. However, some relief was bought due to the COVID shut down in China, which eased the PKO prices. The contract negotiations diverge against competing for feedstock and supply/demand fundamentals in the domestic market. However, prices

In the North American market, Minoxidil Pricing followed the uptrend during the second quarter of 2022 as the demand from end-use businesses remained on the upper edge. API availability with the pharmaceutical drug manufacturers remained short, leading to the high production cost of Minoxidil in the regional market. The cause behind the same is the diminishing production activity of API in major supplying Asian countries, including China. Furthermore, the region's temperature kept rising, leading to high energy costs in the regional market. With the hike in feedstock, API Minoxidil prices and

In the US market, the Stainless-Steel HR Coil prices witnessed an upsurging trend in the second quarter of 2022. Since late March, the global market has lagged as Covid-19 lockdowns in parts of China, the conflict between Russia and Ukraine, and spiraling inflation have increased demand outlook uncertainty in 2022. Despite a significant increase in output, iron and steel producers struggled to keep up with demand and depleted stockpiles. Despite a substantial rise in production, iron and steel producers struggled to keep up with demand and depleted stocks. The steel industry is facing new cha

Copper Wire Prices in Chile fell during the second quarter of 2022. According to market participants, supply concerns have been exacerbated by dwindling Chilean production and conflict with local communities near copper mines in Peru. Droughts in Chile's Antofagasta and Atacama regions have forced manufacturers to rely on seawater and desalination plants. Furthermore, Chilean state-owned copper mining company Codelco announced the closure of its Ventanas smelter, which had been closed for maintenance and operational adjustments following a recent environmental incident that sickened dozens in

In the second quarter of 2022, the US Sulfamethazine Pricing API trend had a seesaw pattern. Sulfamethazine API's price decreased in the North American region on average during the last quarter, as trade in the area remained sluggish due to less expensive imports suppressing demand. After May, there was a noticeable improvement in the Sulfamethazine API market. This represented encouraging indicators of demand from downstream pharmaceutical sectors and was significantly higher than in previous months. Meanwhile, China's restrictions on API export disrupted the supply chain, causing volatility