The Erythromycin Price experienced a rising trend due to enthusiastic sentiments in the US market. Erythromycin price commenced the month on a positive note with steady demand and stable demand and supply side of the market. With the commencement of the second half of Q3, the prices increased due to increased production costs. Furthermore, increased freight charges also affected the Erythromycin market in the US. Rising inflation further added to the tight market sentiments in the other half of the third quarter. Towards Q3 2022, the prices witnessed record heights due to surging demand, suspended shipments, and rising inflation, with values accessed at USD 155850/MT with an average quarterly inclination of 0.51%.

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