The Streptomycin Sulphate Price API increased in the second quarter of 2022 with a surge in downstream demand in the North American region. Increased demand from the pharmaceuticals sector amid limited supply in the market resulted in a surge in the price trend. Moreover, disruptions in the market activities of Streptomycin Sulphate API were seen in the second quarter owing to the high logistics and fuel costs amidst a high inflation rate. Prices increased in June due to hampered manufacturing activities and delays in the North American region. Market players passed the rise of input costs to the downstream buyers in the local market during the Q2 of 2022.

Streptomycin Sulphate Price Trend and Forecast

The Streptomycin Sulphate Prices increased in the second quarter of 2022 with a surge in downstream demand in the North American region. Increased demand from the pharmaceuticals sector amid limited supply in the market resulted in a rise in the price trend. Moreover, disruptions in the market activities of Streptomycin Sulphate API were seen in the second quarter owing to the high logistics and fuel costs amidst a high inflation rate. Prices increased in June due to hampered manufacturing activities and delays in the North American region. Market players passed the rise ofinput costs to thedownstream buyers in the local market during the Q2 of 2022. Towards the end of Q2 of 2022, Streptomycin Sulphate prices were assessed at USD 34290/MT for CFR Houston.

The Streptomycin Sulphate Price API increased in the second quarter of 2022 with a surge in downstream demand in the North American region. Increased demand from the pharmaceuticals sector amid limited supply in the market resulted in a surge in the price trend. Moreover, disruptions in the market activities of Streptomycin Sulphate API were seen in the second quarter owing to the high logistics and fuel costs amidst a high inflation rate. Prices increased in June due to hampered manufacturing activities and delays in the North American region. Market players passed the rise of input costs to the downstream buyers in the local market during the Q2 of 2022.