Para-aminophenol, an essential chemical intermediate used mainly in the pharmaceutical sector for the production of paracetamol and as a precursor in the production of dyes, experienced substantial price hikes in China in April xxxx. The vital role of para-aminophenol in the production of pain relief medication has put it under severe market scrutiny as prices continued to rise throughout the month.
Key Points:
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Para-aminophenol prices rose consistently throughout April xxxx in China
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Supply chain interruption and rising production costs fueled price direction
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Healthy demand for Indian pharmaceuticals fueled market tightening
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Congestion in the ports of Mumbai worsened import difficulties
Chinese para-aminophenol producers quoted increases over the four-week period. This jump in para-aminophenol prices is seen during a period of returning industrial activity following Lunar New Year factory shutdowns early in the year, creating persistent supply shortfalls that continue to be resolved by manufacturers.
