Metformin HCL Pricing Trend and Forecast

The Metformin HCL Pricing experienced a decreasing trajectory in the third Quarter of 2022. Metformin Hydrochloride was among the Active Pharmaceutical Ingredients (API) whose imports into the US were severely constrained due to China's zero-covid policy. Due to the heat wave and a power shortage, several Chinese industrial facilities were forced to shut down in the second half of Q3, which had a detrimental impact on US business. The nation's declining demand for Metformin Hydrochloride was attributed to several issues by various industries and experts, including inflation, supply shortages, and the country's excessive loan rates.

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