ChemAnalyst

With the commencement of the third quarter of 2022, the Salicylic Acid Pricing showcased decreasing sentiments in the North American region owing to improved and firm supply dynamics and lowering downstream demand. Regardless of the price decrement of feedstock phenol, the North American region witnessed a gradual depletion in salicylic acid prices. Downstream inquiries from the pharmaceutical and food industry have eased out since the conclusion of Q2 2022. At the end of Q3 2022, the prices continued to drop with stable market sentiments. The salicylic acid values were recorded as USD 3890/t

The market trend in North America decreased in the Second Quarter of 2022, backed by its reduced downstream demand from the pharmaceutical and biopharmaceutical enterprises. Furthermore, the substantial reduction in the prices and demand for Upstream feed Heparin sodium jammed the availability of Enoxaparin sodium in the market, which badly affected Enoxaparin Sodium Price. Additionally, affected trading activities amid fluctuated fuel prices result in lowered freight charges, severely affecting Enoxaparin sodium API's price value in the market. Further, the prices went stable with slight inc