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Naproxen Prices Trend And Forecast
North America
The Naproxen Prices in the North American region plummeted at the end of the fourth quarter of 2022. As with the start of the first half of q4, the prices remained on the upper side owing to increased end-user demand. Inflation thus decreased substantially compared to September, even though it remained well above the upper boundary, which in turn affected the market sentiments of Naproxen. Following mid-q4 ease in freight charges and trading activities somewhat supported the positive price trend for Naproxen in the United States. Towards the end of the year 2022, i.e., in December, the prices declined significantly with stockpiling of inventories among the market participants. With this, the prices for Naproxen were recorded at USD 40855/MT CFR Los Angeles.
Asia Pacific
In APAC region, particularly China, witnessed mixed pricing trends for Naproxen throughout the fourth quarter of 2022. The prices of Naproxen during October declined considerably as the inquiries from the downstream sector decreased. Chinese manufacturing activity, one of the important factors for the country's economy, declined ...
... steadily in the fourth quarter as rising COVID-19 cases caused more supply disruptions and trading momentum across the domestic and international markets. However, during November, the prices surged slightly as the demand inclined somewhat balanced with the supplies. Following December, the prices went down again considerably and were recorded at USD 39450/MT FOB Shanghai.
Europe
Prices for Naproxen fluctuated throughout Europe in the fourth quarter of 2022. At the start of October, inquiries decreased consistently after witnessing a weak trend in the previous month. During November, prices inclined gradually on the positive side. Supply chain disruption decreased rapidly along with the shipping cost, which supported the positive price trend of Naproxen in Germany. However, In December, inflation in Europe decreased for the second consecutive month as rising energy prices started to level out at the end of the year 2022. demand inclined from the prior month's Thanksgiving holidays, however, kept the prices on the upper side. With this, the price of Naproxen reached USD 42970/MT CFR Hamburg in Germany
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https://www.chemanalyst.com/Pricing-data/naproxen-sodium-1370
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