Free Minoxidil Prices Trend and Forecast New York
- Location: New York, New York, NY
In the North American market, Minoxidil Prices followed the uptrend during the second quarter of 2022 as the demand from end-use businesses remained on the upper edge. API availability with the pharmaceutical drug manufacturers remained short, leading to the high production cost of Minoxidil in the regional market. The cause behind the same is the diminishing production activity of API in major supplying Asian countries, including China. Furthermore, the region's temperature kept rising, leading to high energy costs in the regional market. With the hike in feedstock, API Minoxidil prices and labor shortage in the pharmaceutical production sector proportionally raised the prices of Minoxidil in the regional market.
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