Metoprolol Succinate Prices Trend in the second quarter of 2023 | ChemAnalyst
Chemanalyst18 Sep, 2023Business
Metoprolol succinate prices in the United States exhibited a mixed trend during the second quarter. In May, prices experienced a modest increase of 0.61% due to heightened end-user demand and concurrent inventory replenishment activities, creating a favorable market environment. However, the manufacturing PMI (Purchasing Managers Index) dipped to 48.4 in May, signaling a slowdown in the US manufacturing sector, which led to supply constraints among manufacturers and suppliers due to reduced business activity. Despite these challenges, strong consumer demand persisted, contributing to higher metoprolol succinate prices in May.
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