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The Melatonin
Prices demonstrated an upward momentum during the first quarter of
2023, with FOB New York prices escalating from $130260 per MT in January to
$133860 per MT in March. Considering the market instability in the previous
quarter, industry experts had anticipated that the pharmaceutical and
nutraceuticals industries would continue to sail through mixed sentiments
during the first quarter of 2023. However, consistent demand for Melatonin
throughout the quarter from the end users and reasonable inquiries from
downstream suppliers maintained the market dynamics in the US. Since the supply
chain and trade remained strong throughout the first half of the quarter,
China's relaxation of its zero-covid prohibition was advantageous. This further
reduced freight costs benefitting the commerce between the US and China. For more information E-Mail:- sales@chemanalyst.com websites:- https://www.chemanalyst.com/Pricing-data/melatonin-1226 Contact No:- +13322586602
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