The fourth quarter of 2022 saw changing market trends for Ampicillin Prices in the North American region. Prices were expected to increase through the second month of the quarter starting with Q4 2022 because of the high cost of manufacturing, numerous logistical issues, and growing inflation. Rising transportation costs and port congestion at the key ports also helped to keep the market position strong. Due to easing inflation and lowering end-user sector demand on the back of nearing festival season and impeding holidays, prices started to drop later in December 2022. The settlement price for Ampicillin Trihydrate API decreased to USD 45545/MT CFR Los Angeles in the month of December.
The Asia Pacific region's market for Ampicillin Trihydrate API experienced a volatile trajectory in the fourth quarter of 2022. Starting in Q4 2022, prices were observed to rise through the second month of the quarter due to rising end-user demand and a number of logistical challenges. Additionally, the market scenario was impacted by the tight zero covid rules and frequent lockdowns in the Chinese regions. The market remained competitive due to growing production costs brought on by rising energy costs as well as increased domestic production to fill orders from both local and foreign markets. However, as domestic retailers had sufficient stock on hand later in December, the cost of Ampicillin Trihydrate API decreased. Also, the ease in imports and reduced orders from both domestic and international markets kept weak. During the month of December, the settlement price of Ampicillin Trihydrate API came down to USD 39355/MT FOB Shanghai.
Ampicillin Trihydrate pricing in the European region showed a see-saw tendency in the fourth quarter of 2022. The demand for Ampicillin Trihydrate API from the downstream pharmaceutical industry was seen to be steady. The supply chain was impacted by the continuous port congestion and supply disruption in the European region, which resulted in a rise in pricing in the first two months of Q4 2022. A further factor in the elevated trajectory of Ampicillin trihydrate API was the high freight costs. Nevertheless, December sees a price decline as a result of rising stocks and declining end-user sector demand. The settlement price for Ampicillin Trihydrate API dropped to USD 48215/MT CFR Hamburg in December.
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