Clofazimine Prices Trend and Forecast


Posted March 2, 2023 by ChemAnalystdata

The domestic Clofazimine Prices in North America showed signals of decline as the Clofazimine API discussion dropped from October to December 2022

 
North America
The domestic Clofazimine Prices in North America showed signals of decline as the Clofazimine API discussion dropped from October to December 2022. Low trade sentiment and pessimistic end-user demand caused prices to decline throughout the fourth quarter of 2022. Additionally, the merchants' supplies were sufficient to meet consumer demand. Furthermore, Consumer sentiments were weak due to low demand and rising inflation, which forced market participants to lower their quotations to move the equities. Also, the US supply chain gradually recovered in the second half of Q4 2022 as the economy rebounded and ports significantly decreased after the protracted shipment blockage.

APAC
As the Clofazimine API Ex-Vapi discussion decreased from USD 535855/MT to USD 521803/MT from October to December of 2022 in the Asia-pacific region, the domestic Clofazimine market in India showed signs of declining. Due to low trading sentiments and bearish demand from the end-user sector, the prices were witnessed to drop down throughout Q4 2022. Also, the inventories among the merchants were sufficient to meet consumer demand. The average quarterly declination witnessed was 1.62%. With low demand and rising inflation, consumer sentiments were feeble, forcing the market players to drop their quotations to clear the stocks.

Europe
The fourth quarter of 2022 revealed a consistent deterioration in the Clofazimine market in the European region. Despite rising energy prices and a supply-chain bottleneck, Germany's industrial production rose a little bit in October. Offtakes for the end-user sector were favorable in terms of demand. Trade flow in Germany and the larger eurozone was greater in the fourth quarter of 2022 because of some breathing room, but this does not imply that market fundamentals had balanced. Also, with the nearing festival and impeding holidays, the consumer demand sentiments were stable later the in the month of December, keeping the market weak.

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https://www.chemanalyst.com/Pricing-data/clofazimine-1422
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Last Updated March 2, 2023