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Description
In the second quarter of 2022, the Azithromycin Pricing API in the North American region continued to follow a downward trend due to declining demand from the downstream pharmaceutical sector. Adequate inventories in the domestic market have substantially pressurized Azithromycin API’s market sentiments to be on the lower side. Additionally, the zero covid policy in China amid the resurgence of COVID cases has abrupted the global supply chain and negatively impacted the price trends of Azithromycin API in the United States. The CFR prices for Azithromycin API were assessed at USD 163000/MT in the United States at the end of the quarter
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