Fumaric Acid Prices, News, Demand and Supply | ChemAnalyst

About This Presentation
Title:

Fumaric Acid Prices, News, Demand and Supply | ChemAnalyst

Description:

The Fumaric Acid market in North America was negatively impacted due to shortages of the raw materials which led to the tight supply of Fumaric Acid, as upstream production was disrupted by sub-zero temperature conditions in USA Gulf region, forcing Fumaric Acid producers to temporarily shut operations. – PowerPoint PPT presentation

Number of Views:8

less

Transcript and Presenter's Notes

Title: Fumaric Acid Prices, News, Demand and Supply | ChemAnalyst


1
Fumaric Acid Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Market Overview   For the Quarter Ending March
2021   North America   During the first quarter
of 2021, the Fumaric Acid market in North America
was negatively impacted due to shortages of the
raw materials which led to the tight supply of
Fumaric Acid, as upstream production was
disrupted by sub-zero temperature conditions in
USA Gulf region, forcing Fumaric Acid producers
to temporarily shut operations. The Asian
shipments were directed to USA in desire for the
better netbacks in the midst of the surged costs
of Fumaric Acid due to market tightness. Demand
improved as the offtakes were better from the
food preservatives and Unsaturated Polyester
Resin (UPR) segments. Get more info
https//www.chemanalyst.com/Pricing-data/fumaric-a
cid-1134
2
Fumaric Acid Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Asia-Pacific (APAC)   During the first quarter of
2021, Asia Pacific Fumaric Acid market witnessed
tight supplies due to the low inventory levels of
the upstream which negatively impacted the
production levels in the first half of the
quarter amid the planned turnarounds heard in
several regional plants. However, the shortage
eased as several plants ended their turnaround
after the Chinese lunar New Year holidays and
looked for replenishing inventories towards the
end of Q1. Demand surged from the downstream food
preservatives and pharmaceutical sectors. Due to
hiked prices of upstream products, price of
Fumaric Acid was also raised effectively. FOB
Shanghai prices for March deliveries were
assessed around USD 1330 per tonne in
March.      Europe   Supplies of the Fumaric Acid
remained tight since the previous quarter and
augmented well during the first quarter of 2021.
Reduced imports from the USA, due to the
production hiccups amid the severe weather
conditions in February disrupted the
transportation of the raw materials for
continuous operations in the plants. Demand
strengthened from the downstream food
preservatives and pharmaceutical sector as the
commercial and economic activities paced up to
recover the losses incurred in 2020.    How we
can help ChemAnalyst addresses the key
problematic areas and risks associated with
chemical and petrochemical business globally and
enables the decision-maker to make smart choices.
It identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally.
3
Fumaric Acid Prices Overview  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Fumaric Acid manufacturers, spread across
the domestic and international market, suppliers
and dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
companys annual reports and secondary sources
such as exhaustive search on credible paid
databases, including our internal database is
done to verify the information. All the collected
information is analyzed, evaluated and presented
in chronological order to depict a meaningful and
clear picture of the concerned market.   Our
dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Fumaric Acid market. The
team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.   Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global Fumaric
Acid market.   Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on monthly and yearly
basis.   Finally, region-specific markets for
Fumaric Acid are analyzed and region-wise demand
pattern is tracked.
4
Fumaric Acid Prices Overview  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
  • About
  • Fumaric Acid is a colorless, hygroscopic,
    odorless, crystalline solid. It is also called
    2-Butaendioic Acid trans and has a chemical
    formula C4H4O4. Due to its hygroscopic nature, it
    is highly soluble in alcohol but partially
    soluble in water. It is found naturally in plants
    such as lichen and Iceland moss and like Vitamin
    D it is also produced on human skin when exposed
    to sunlight directly. Commercially, Fumaric Acid
    can be produced from Maleic Acid which in turn
    can be synthesized by catalytic oxidation of
    Benzene. Fumaric Acid can act as a buffer thus it
    can be used in bakery products as well. Owing to
    its binding property it can be used in paint
    industry and due to its acidulant nature it is
    widely used in pharmaceutical industry. Besides,
    it is used as a feedstock for the fabrication of
    polymer resin. Thus, its end use industries
    include food, chemical and pharmaceuticals. 
  • Product Specific Details
  •  
  • CAS No. 110-17-8 HS Code 29171950 Grade Techn
    ical Grade Packaging Size 25 Kg
    bags Incoterms CFR, FOB, Ex-Works, Bulk
    Contracted, Spot
  •  
  • Countries Covered
  •  
  • APAC  China, Japan, India, South Korea,
    Singapore
  • Europe  Germany, France, Belgium
  • America  USA, Brazil
  • MEA  Saudi Arabia, UAE, South Africa

5
Fumaric Acid Prices Overview  
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
ChemAnalyst is one stop online portal that
offers comprehensive market intelligence data and
in-depth analysis on the Global chemical and
petrochemical industry. Our aim is to provide
competitive advantage to the industry
stakeholders by offering cutting edge
information and analysis that help our customers
leverage on the emerging opportunities in their
businesses. ChemAnalysts team of 100 analysts
are engaged in tracking Chemical Prices daily,
production capacity, demand and supply outlook,
manufacturing plant locations, foreign trade data
and news/deals for more than 400 major chemicals
produced in India. ChemAnalysts Interactive
subscription platform provides the most
comprehensive data and analysis in your industry
to help you decode the future. ChemAnalyst is
promoted by TechSci Research (TSR). TSR is a
research-based management consulting firm
providing market research and advisory solutions
to the customers worldwide, spanning a range of
industries including Chemicals Material,
Automotive, Consumer Retail, ICT, Energy
Power, Aerospace Defense, Water and Waste
Management, BFSI and more.
CHEMANALYST B-44, Sector -57, Noida, National
Capital Region, UP, India 201301 Tel
91-120-4523900 E sales_at_chemanalyst.com
Write a Comment
User Comments (0)