Chemanalyst10 Aug, 2023Business
During the second quarter of 2023, the Paracetamol market in North America experienced notable shifts due to fluctuating dynamics between supply and demand. This resulted in a significant decline in Paracetamol prices within the US market for this period. Lower uptake in end-user industries led to an accumulation of Paracetamol in domestic warehouses, exerting downward pressure on prices. The recent decrease in prices of raw materials like 4-aminophenol, crucial for Paracetamol production, also contributed to this downward trend.
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