North America

In the fourth quarter of 2022, Methenamine Prices in the United States decreased in response to the falling cost of feedstock Ammonia in the market. Orders from the procurers remained moderate, and the pharma industry demand was stable due to ample stock availability of the product. The stagnant global market in Q4 continued to affect the domestic and international markets. According to the players in the market, the majority of the purchases were based on demand. The approaching holiday resulted in further declines in buyer demand and orders during the fourth quarter.

APAC

During the fourth quarter of 2022, there was a mixed-price trend for Methenamine in Asia. In November, the price of Methenamine rose due to the tight supply of the product from traders. The resurgence of COVID cases in China disrupted the supply chain, affected demand for export activities to overseas markets, and eventually led to an economic slowdown. To keep cases under control, the Chinese government implemented a Zero COVID policy, which slowed trading and reduced orders from end-use industries. The price of Methenamine decreased in December as a result of the steady supply from traders and adequate ground availability.

Europe

In Europe, the price of Methenamine decreased in the fourth quarter of 2022. The negative price trend of Methenamine was bolstered by the sharp decline of feedstock Ammonia in Europe. The repercussions of the Russia-Ukrainian war still persisted during this quarter, and the supply chain remained disturbed. Due to the slowdown in trading activities in importing countries like China, more products are left in Russia, and the merchants have stockpiled the product in the market. Because the product was readily available, there was less demand from the downstream pharmaceutical industry. Because there were no significant port congestions in Europe, product movement was smooth, and freight costs were reduced.

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