Did You Know?
Did You Know? Paracetamol Price Rise by 75% to 85% per kg in last 3 months. Granules India is a largest manufacture of Paracetamol in India. Reason is that rise the price of Raw Material and China is manufacturer of Raw material of PCM. Two Raw Material Impact the price of PCM 1. Para Ameno Phanel (PAP) 2. Acetic Anhydride Price of Para Ameno Phanel rise by 60% to 70% by china, Price of PAP $4 TO $6.5 per Kg. Acetic Anhydride price rise by $650 to $1000 in last 1 2 month. China is Produce more than 10,000 tones of raw material every Year. Company said that the PCM price to be blip in coming months. Company is also try to arrange raw material from dual source. China is also increase consumption of PAP. Impact on share