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Market players in major importing countries have indicated that ibuprofen prices continue to show an upward trend. The US market has been identified as a key market during December **** and January **** with prices rising by nearly around *.*** in January ****. The sustained increase in ibuprofen prices indicates that there are pressures building up in the pharmaceutical industry, which needs to be addressed by manufacturers and importers.
In the US market, ibuprofen prices began to show an upward trend in December ****, after a relatively stable period in the initial part of the month. Importers and distributors indicated that an increase in input costs of active pharmaceutical ingredients was a major factor that triggered prices to start rising. In light of the fact that ibuprofen production is still heavily dependent on imported APIs, especially from Asian countries, changes in upstream production economics...
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