Get the latest insights on price movement and trends analysis of Lincomycin Hydrochloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Lincomycin Hydrochloride Price Trends for July-September of 2023
Lincomycin hydrochloride is an antibiotic used in many different industrial processes. It is mostly used in pharmaceuticals to make antibiotics, which are used to fight bacterial infections. In biotechnology research, lincomycin hydrochloride is also used in the culture of cell cultures.
In India, the market of antibiotics such as lincomycin hydrochloride experienced a significant downfall in the third quarter of 2023. The production rates of lincomycin hydrochloride surged during this phase, while its demand from the end-user industries slid remarkably and thus hampered the growth of lincomycin hydrochloride and the overall pharmaceutical market.
According to Procurement Resource, the price of Lincomycin Hydrochloride is estimated to struggle with the fluctuating sentiments shown by the pharmaceutical sector.
Lincomycin Hydrochloride Price Trends for First Half of 2023
The price trendss for lincomycin hydrochloride were dependent on the performance of the antibacterial medicines market. The first quarter of 2023 witnessed fluctuating market sentiments. However, in the second quarter, the prices of medicines in India rose by 12% from April, further hurting the spending sentiments of consumers.
This rise in the prices was the direct consequence of an increase in the cost of production in India, along with enhanced prices of raw materials. The majority of feedstock materials are imported from China, and restrictions imposed by the government on imports from China increased the cost of feedstock materials required for the production of lincomycin hydrochloride, thus resulting in a rise in its price trends.
According to Procurement Resource, the price of Lincomycin hydrochloride is expected to oscillate in the upcoming months as the increasing cost of raw materials and high uncertainties in the pharmaceutical markets are estimated to affect the lincomycin hydrochloride market negatively.
Procurement Resource provides latest prices of Lincomycin Hydrochloride. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Lincomycin hydrochloride belongs to the category of antibiotic medicines that is used in the treatment of bacterial infections in humans as well as animals. It inhibits the growth of bacteria by inhibiting the protein synthesis process in them. This pharmaceutical compound is available in various forms, including capsules and injectable solutions. It is commonly used in clinical and veterinary medicine to combat a range of bacterial infections, including respiratory, skin, and soft tissue infections.
|Product Name||Lincomycin Hydrochloride|
|Industrial Uses||Pharmaceutical Manufacturing, Veterinary Medicine, Biomedical Research, Quality control and testing|
|Molecular weight||461.01 g/mol|
|Supplier Database||Anhui Wanbei Pharmaceutical Co Ltd, Hangzhou Think Chemical Co Ltd, Hengdian Group Holding Co Ltd, Jiangxi Guoyao Pharmaceutical Limited Liability Company, Livzon Group Fuzhou Fuxing Pharmaceutical Co Ltd, Xinyu Pharmaceutical Co Ltd|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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