The prices of Orlistat in the Global Market
North America
In North America, the CFR Los Angeles Orlistat Prices rose from $393500/mt to $396800/mt in October and November before dropping to $388500/mt in December of 2022. The first week of October saw a delay in Orlistat imports due to a one-week holiday in China, a significant exporter; nonetheless, ample supplies held by domestic retailers and strong demand maintained the market’s buoyancy. Because of the unanticipated increase in Covid cases in China that had a negative effect on the US Orlistat market, the market for Orlistat experienced a pattern change in the second half of the quarter. The broken supply chain did, however, gradually heal as the economy expanded, and there was a major decrease in port backlog in December.
Asia Pacific
During the fourth quarter of 2022, the Orlistat Prices Asia Pacific region showed a stagnant market trend. FOB Shanghai values in China first increased from $380000/mt to 382550/mt in October and November before falling to $374200/mt in December. The closure of production facilities for the Golden Week resulted in a gradual fall in Orlistat orders for China’s API market during the first week of October. After a one-week celebration and market reopening, domestic traders had to deal with various discordant signals, making it difficult for the players to catch up to the slow growth observed in some downstream sectors, but strong demand kept the market afloat. Due to plentiful supplies, Chinese producers and suppliers could satisfy demand throughout the entire quarter. In reaction to criticism and severe discontent in the country, government authorities changed its zero-covid regulations, making the country susceptible once more during the H2 of Q4 2022.
Europe
In Europe, given the settlement of CFR Hamburg prices at $391520/mt and $383280/mt in November and December, the German market for Orlistat followed the same trend as that of North America and Asia. Because of the unanticipated rise in COVID cases, which resulted in a continuous fall in demand, international demand was higher in the first part of the quarter than it was in December. Orlistat offtakes remained strong in the end-user industries despite high energy and raw material prices.
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