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Ofloxacin Pricing

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Ofloxacin Pricing dropped in the North American region during the second quarter of 2022 due to weak end-user downstream demand from various pharmaceutical sectors. Besides that, Manufacturers were obliged to reduce the production rate, negatively affecting the prices for Ofloxacin API. Moreover, weakened purchasing and buying activities from the Customer's side resulted in stockpiled inventories in the local market, putting pressure on the dealers. The primary factor for price reduction of API in the market was reduced upstream feed Tetraflurobenzoyl chloride prices. Additionally, affected trading activities amid fluctuated fuel prices result in the price decrement of Ofloxacin API in the market.

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