The market value of Glucosamine in the US export market has increased sharply in the last month of year ****. The increase in the export prices of Glucosamine in December of **** was the result of strong and firm demand from the various downstream buyers. The domestic buyers of Glucosamine in the US has increased their offtake to align their inventory covers with the production schedules of the new quarter. The January not only marked the beginning of the new quarter but also the start of the new fiscal year. The procurers across the pharmaceutical and the joint health formulation sector have increased their purchase volumes in December. The sentiment among the downstream sector was to start the new year production runs at a strong and firm pace which pushed the prices of Glucosamine higher in the last month of the year ****.
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