The North American Chloroquine Phosphate Pricing initiated the Q3 of 2022 on an upward note, with prices settled at USD 31200 per MT in July. However, these prices eventually started plunging in August and falling even further to USD 29950 per MT in September. The repeated lockdowns in China, from which most API are imported, forced manufacturers of Chloroquine phosphate to cut their prices. Consequently, demand from the downstream pharmaceutical sector in the United States reduced during the H2 of the quarter. Also, some manufacturing facilities in China were shut down for maintenance, significantly lessening imports into the US. All these factors had a prominent effect on the downward price trend of Chloroquine phosphate in the US domestic market.

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