Free Erythromycin Prices in the Global Market New York
- Location: New York, New York, NY, United States
In the fourth quarter of 2022, the Erythromycin Prices in North America experienced fluctuations. Prices began to climb in Q4 2022 and continued to do so throughout the second month of the fourth quarter due to high manufacturing costs, numerous logistical issues, and rising inflation. The US inflation Soar to 8.2% in the month of October 2022. Additionally contributing to the price fluctuation were rising transportation costs and port congestion at the major ports. However, Prices begin to decline later in the month of December as a result of weaker inflation(the US inflation rate was 7%, down from 8.2% in October) and decreased end-user sector demand as the holiday season approaches. In December, the Erythromycin API settlement price fell to USD 156910/MT CFR Los Angeles.
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