North America:
During the third quarter of 2023, the Oxcarbazepine API price in the United States remained stable. July saw prices dipping into the negative, but as Q3 progressed, there was a moderate uptick in demand from the downstream healthcare sector. To meet the surge in customer demand, local merchants maintained a high inventory of Oxcarbazepine in the spot market, surpassing stock level considerations. Until late August 2023, many retailers hesitated to place new orders from exporting nations due to rising shipping costs. Prices steadily increased as September 2023 marked the end of the third quarter. Manufacturers responded to orders by consistently acquiring materials, ensuring a steady supply of Oxcarbazepine. The rising costs of acetic acid, a key raw material, and the continuous increase in fuel and energy costs further contributed to the upward trend in Oxcarbazepine prices.
Asia Pacific:
In the APAC region, especially in the Indian market, the pricing of Oxcarbazepine API remained subdued in the third quarter of 2023. July witnessed a decline in prices, influenced by the reduced costs of essential raw material solvents like Acetic Acid, crucial in Oxcarbazepine production. Moreover, a persistent decrease in consumption from end-user healthcare and pharmaceutical industries contributed to a downward trade momentum, resulting in higher product accumulation. By August 2023, suppliers redirected their focus to replenishing inventories. India’s Purchasing Managers’ Index (PMI) for August 2023 indicated continued expansion in both the manufacturing and services sectors. Looking ahead to September, India’s Consumer Price Index (CPI) reached 186.20 points, reflecting a 5.90% increase compared to September 2022. Steady supply and consistent imports until the end of September 2023, including those from China, contributed to sufficient stock levels in the market.
Get Real Time Prices of Oxcarbazepine: https://www.chemanalyst.com/Pricing-data/oxcarbazepine-1528
Europe:
In the German market, the prices of Oxcarbazepine during the third quarter of 2023 followed a trajectory similar to that of the APAC region. Starting in July, prices steadily declined, indicating an increased likelihood of excess inventory among merchants and weakened demand. This was supported by the heightened output from exporting countries resulting from Oxcarbazepine API production in the preceding month. Consequently, a surplus of Oxcarbazepine API flooded the market, leading to a global price decline in July that persisted until the middle of the third quarter of 2023. However, as September concluded, the market experienced a moderate increase in Oxcarbazepine prices, accompanied by a steady rise in inquiries, balancing the overall supply side. Market analysts attribute this to buyers placing orders based on anticipated long-term growth rates and the impact of Germany’s high energy costs on market prices. Additionally, purchasers in the eurozone faced higher costs for Oxcarbazepine API due to the recent depreciation of the euro against the US dollar, contributing to the price increase observed in September 2023.
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