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Supplies are tighter after years of oversupply.
ACETAMINOPHEN PRODUCERS are raising prices for the first time in more than four years, reflecting a tightening of the market after several years of oversupply. Producers say the increases are modest and are within a range of 3 to 4 percent.
Mallinckrodt Chemical Inc., the largest acetaminophen producer, raised its US price early this year and its European price on July 1. The company quotes a price of $8.55 per kilo for truckload quantities of pure powder acetaminophen.
Rhodia Inc., another leading supplier, increased its list price for bulk acetaminophen powder to a range of $8.15 to $8.45 per kilo, a 30-cent increase. Peter Stevenson, senior vice-president and general manager for pharmaceutical ingredients at Rhodia, says the company is raising prices to cover increased costs for labor and raw materials during the last few years.
US demand for bulk acetaminophen...