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Vitamin B12 Pricing Trend and Forecast - Delhi
Tuesday, 1 November, 2022
Item details
City:
Delhi
Offer type:
Offer
Item description
The Vitamin C Pricing effectively decreased during the third quarter of 2022, with values in the domestic US market falling from $8250/MT to $5860/MT from July to September. Because of the sporadic lockdowns in China, from where the majority of nutraceutical items are imported, the companies that make vitamin C were forced to lower prices. As a result, demand in the US somewhat decreased in the second half. As the world's two largest economies struggled with clogged supply chains and rising oil prices, the Biden administration sought to reduce inflation by lifting some tariffs on imports from China. Due to the closure of production facilities in China, many of which were closed for maintenance throughout H2 of Q3, US imports decreased dramatically. In the latter weeks of the third quarter, this significantly impacted the downward pricing trend in the domestic pharmaceutical and nutraceutical businesses.
For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/vitamin-b12-1254
Contact No:- +13322586602
For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/vitamin-b12-1254
Contact No:- +13322586602
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