Free Gentamicin Sulphate Priceing Trend and Forecast New York
- Location: New York, New York, NY, United States
In the North American region, the Gentamicin Sulphate Pricing witnessed an incremented state during the Second Quarter of 2022, backed by heightened offtake from various downstream sectors, mainly pharmaceutical sectors. Also, enhanced crude oil prices resulted in higher feedstock costs causing an upsurge downstream API price in the market. Further, China, the leading exporter of Gentamicin sulfate API to this market, underwent a price hike of API during the Second Quarter owing to transport disruptions due to cargo shortages and rerouting activity. In addition, supply disruptions and labor shortages due to heightened downstream demand were another added factor resulting in higher Gentamycin sulfate prices.
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