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Copper Rod Prices, Monitor, Analysis & Demand

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North America The fourth quarter of 2023 witnessed a nuanced landscape for Copper Rod in North America, marked by distinct factors shaping market dynamics. Market resilience emerged as a key theme, with steady demand and supply chain adaptability providing a stable foundation.  Geopolitical considerations added an element of caution, contributing to a carefully navigated pricing trajectory. The USA, at the forefront of these developments, experienced significant price adjustments, reflecting a calculated decline by 2% change from the previous quarter. This quarter's performance showcased a feeble correlation between market trends, seasonality, and pricing adjustments. As the quarter concluded, Copper Rod (C110-1 inch) DEL Alabama in the USA stood at USD 15,458/MT, encapsulating the quarter's dynamic interplay of factors. The top reasons, intricately woven into the narrative, encompassed market demand resilience, strategic supply chain management, and geopolitical nuances. The c...

CoQ10 Prices, Monitor, Analysis & Demand

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North America CoQ10 pricing in North America for the entire Q4 2023 witnessed a downward trend due to multiple factors. After experiencing a significant price surge in the previous month, the sudden decline in demand from the local market and the equilibrium between supply and demand also contributed to the noticeable price decrease. Inventories, however, remained enough among the merchants to cater to the overall requirements and continue to follow some historical, seasonal trends. Furthermore, the manufacturing activity within the exporting nations also plummeted which contributed to the surplus of stock availability among the domestic market and at the ports. Moreover, the USA, being the importing nation, experienced consistent price drops, with no significant fluctuations observed in the local market. Also, even though inflation and the US certain sectors have shown improvement, market participants continue to witness a pessimistic market outlook in terms of the demand side from th...

Copper Wire Prices, Monitor, Analysis & Demand

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  North America The final quarter of 2023 witnessed notable dynamics in the North American Copper Wire market, characterized by strategic shifts and intrinsic market influencers. Market conditions were shaped by adaptability to supply chain dynamics, regulatory nuances, and fluctuations in raw material costs. This intricate dance of factors defined the quarter's Copper Wire landscape within the North American region. In the absence of any reported plant shutdowns, market conditions were marked by a steady demand, showcasing minimal deviations.  The selected country, the USA, experienced distinctive pricing adjustments, reflecting its pivotal role in regional market shifts. Correlation analyses uncovered the subtle interplay between trends, seasonality, and pricing, underscoring the market's inherent adaptability. The calculated percentage change from the current to the previous quarter and the price percentage comparison of the first and second halves of the quarter in the USA...

Cold Rolled Coil Prices, Monitor, Analysis & Demand

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North America The North American region witnessed a declining quarter for Cold Rolled Coil pricing in Q4 2023 due to the impact of various global macroeconomic factors. In early October, Cold Rolled Coil prices in the United States remained stable amid global macroeconomic pressures, including rising inflation and concerns about China's construction industry. The Inflation Reduction Act had little impact on boosting demand. LME warehouse stocks increased, signaling a supply surplus.  However, in the domestic market, Cleaveland Cliffs' price hike announcement, coupled with reduced production due to a UAW strike and increasing input costs, led to a subsequent price increase. Downstream construction and infrastructure demand showed promise. The Chinese government's stimulus measures globally contributed to rising prices. Interest rate hikes in the USA also played a role.  By December,  Cold Rolled Coil prices  stabilized due to reduced supply, increased order fulfillmen...

Calcium Carbonate Prices, Monitor, Analysis & Demand

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North America The North American Calcium Carbonate market in Q4 2023 has witnessed moderate supply and a stable market situation. The market has remained unaffected by any significant changes throughout the quarter. However, the increase in energy prices and destocking activity in the market might impact the prices in the future.  US retail sales increased in September due to consumer spending in restaurants and bars amid a tight labour market, which might further impact the Calcium Carbonate prices. Moreover, the US Department of Health and Services is about to revise the dietary guidelines, which could impact the prices used in the dietary and supplement industry.  The correlation price percentage of Calcium Carbonate in the US has remained stable with no change from the previous quarter and a -3% change from the same quarter last year. The price percentage comparison of the first and second half of the quarter in the US was -1%. The latest price of Calcium Carbonate Food Gr...

Calcium Carbide Prices, Monitor, Analysis & Demand

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North America  In Q4FY23, Calcium Carbide prices in the North American market exhibited a varied trajectory. In October, the USA market witnessed elevated prices driven by robust demand from downstream construction industries. Construction spending in the United States rose by 0.4%, supported by strong activities, boosting Calcium Carbide prices. Despite a mid-October decline in oil prices, ongoing conflicts in the Middle East introduced volatility. The US markets rebounded after the Federal Reserve maintained stable interest rates, reflecting economic resilience. The unexpected rapid expansion of the US economy in Q3 strengthened market dynamics. November saw a decrease in Calcium Carbide demand due to weak support from low crude and natural gas prices. The downstream steel industry faced challenges, with U.S. Steel announcing the closure of its UPI operations, impacting national steel prices and availability. December witnessed a price increase influenced by strengthened cost sup...

Azithromycin Prices, Monitor, Analysis & Demand

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North America The North American Azithromycin market encountered challenges during the fourth quarter of 2023, with various factors influencing pricing dynamics. Inflation, interest rates, and geopolitical tensions played pivotal roles in shaping the market conditions. These elements collectively contributed to a bearish sentiment in the market, resulting in a decline in prices when compared to the corresponding quarter of the previous year. The United States Azithromycin market witnessed notable fluctuations in pricing, with significant changes occurring in October. During this month, Azithromycin prices in the U.S. notably decreased, in line with subdued domestic demand and abundant inventories held by market merchants. The overall growth in new orders was minimal, and the decline in new international sales continued, albeit with a slight deepening. The robustness of the dollar against foreign currencies facilitated more affordable imports, ensuring a plentiful supply in the U.S. dom...