Posted March 11, 2023 at 8:54 pm by ChemAnalystdata

Minoxidil Prices Trend and Forecast

North American region, particularly the USA, witnessed an inclined price trend for Minoxidil during the start of October. Increased end-user demand balanced with enough supplies among the market participants kept the Minoxidil Prices on the higher side. Slowing economic activity amid rising borrowing costs, Consumer spending, which edged up 0.1% after surging 0.9% in October, and ease in trade disruption along with shipment cost supported the market sentiments of Minoxidil in the USA. Towards the mid of the fourth quarter till the end of 2022, the prices fell significantly, backed by decremented inquiries coupled with the temporary shutdown of the domestic market owing to New-year holidays. With this, the market of Minoxidil API ended 2022 with the settlement of USD 152350/ MT CFR Los Angeles

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