Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America In July,  Arginine prices  saw a significant drop, followed by subsequent increases in both August and September. The decline in July was attributed to a decrease in new orders and sales volume, reflecting the weak state of both domestic and international demand. The Federal Reserve's decision to raise its key policy interest rate in July, the highest level in 22 years, contributed to reduced overall demand in the economy, supporting the downward trend. However, prices rebounded in August and September due to higher energy prices, which increased overall business expenses and transportation costs, consequently raising Arginine pricing. Gasoline prices surged as Russia and Saudi Arabia implemented aggressive supply cutbacks, propelling crude oil to a 10-month high of $91 per barrel. Additionally, imports from major exporting countries like China decreased, reducing the supply of Arginine in the US market and causing prices to ...