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Azithromycin Prices Trend and Forecast
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- Published date: March 2, 2023
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- Noida, New Delhi, Delhi, India [ #60881 Ad Views - 29 ]
Azithromycin prices showcased a see-saw trend in the Asia Pacific region throughout the fourth Quarter of 2022. Some industries were shutdowns due to a long week holiday in the first week of October and later stringent lockdowns resulting in increased risks of further uncertainties in production, operations, logistics, and supply chain activities. Considering the situation, Chinese manufacturers raised their prices of Azithromycin to USD 99000/MT in October to maintain stability in their profit margin. In contrast, prices started declining from the onset of November as demand from the downstream pharmaceutical industries was stable to weak amid the slowdown in China's economy. Towards the end of Q4, prices dropped to USD 97400/MT, supported by sufficient regional stockpiles as production activities resumed.
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