Procurement Espresso

“Wonder drug” hydroxychloroquine loses steam

After an initial increase following the onset of the pandemic, the demand and price for hydroxychloroquine (HCQ) have dropped down to the normal range as it is no more used to treat COVID-19.

Category Scan: Rare Earth elements on the rise

After a minor setback in 2020 due to disruptions arising from COVID-19, the rare earth elements market is expected to see a solid recovery in 2021, principally supported by activities of several national governments and global bodies to mitigate carbon emissions.

Category Scan: Global Warehouse to grow further

The global warehouse market is expected to grow further in 2021, as the demand for such services is slowly and steadily rising. The global warehousing market is forecasted to grow at a CAGR of 7 percent between 2020 and 2024 to touch the $326 billion mark by the end of 2024.