Sodium Ascorbate Prices online - PowerPoint PPT Presentation

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Sodium Ascorbate Prices online

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Sodium Ascorbate Price in the US domestic market fell sharply during the third quarter of 2022, from USD 5840/MT to USD 4440/MT from July to September. The factories that produce Sodium Ascorbate were compelled to decrease prices because of the immediate lockdowns in China, where the majority of pharmaceutical excipients are imported. As a result, the US Sodium Ascorbate market saw a decline in demand from downstream pharmaceutical and nutraceuticals industries. US imports significantly declined due to the shutdown of industrial facilities in China, some of which were shut down for maintenance throughout H2 of Q3. These factors had a substantial influence on the downward pricing trend of sodium ascorbate, which decreased by more than 25% on a quarterly basis. – PowerPoint PPT presentation

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Title: Sodium Ascorbate Prices online


1
Sodium Ascorbate Price Trend and Forecast
  • Sodium Ascorbate Price in the US domestic market
    fell sharply during the third quarter of 2022,
    from USD 5840/MT to USD 4440/MT from July to
    September. The factories that produce Sodium
    Ascorbate were compelled to decrease prices
    because of the immediate lockdowns in China,
    where the majority of pharmaceutical excipients
    are imported. As a result, the US Sodium
    Ascorbate market saw a  decline in demand from
    downstream pharmaceutical and nutraceuticals
    industries. US imports significantly declined due
    to the shutdown of industrial facilities in
    China, some of which were shut down for
    maintenance throughout H2 of Q3. These factors
    had a substantial influence on the downward
    pricing trend of sodium ascorbate, which
    decreased by more than 25 on a quarterly basis.
  • https//www.chemanalyst.com/Pricing-data/sodium-as
    corbate-1428

2
New Updated Sodium Ascorbate Prices online
3
German Sodium Ascorbate pricing Trend
  • German Sodium Ascorbate price trend showcased a
    downward trajectory during the third quarter of
    2022, with values for CFR Hamburg estimated at
    USD 6190/MT in July and later settled to USD
    4940/MT in September. However, the quarter's
    downward price trend was backed mainly by the
    lowest price quotation from the significant
    importing country, China which seems quite
    beneficial for German buyers. Moreover,
    inventories of Sodium Ascorbate were sufficient
    to cater to the overall demand, resulting in
    lower Sodium Ascorbate prices in the domestic
    market. Also, demand from end-user pharmaceutical
    and food industries remained sluggish as the
    customer was buying as a necessity. Furthermore,
    Germany's logistical problems worsened the
    economic slump as transportation bottlenecks
    persisted this quarter. 
  • https//www.chemanalyst.com/Pricing-data/sodium-as
    corbate-1428

4
Sodium Ascorbate Supply in Global Market online
5
The Price Trend for Sodium Ascorbate in The Asia
Pacific
  • The price trend for Sodium Ascorbate in the Asia
    Pacific showed a downward trajectory throughout
    the third quarter of 2022. The prices of Sodium
    Ascorbate in China significantly decreased by
    around 25 in August and declined further by 5.3
    in September. The major reason for this decline
    was a continuous drop in feedstock Ascorbic Acid
    prices. The manufacturers of Sodium Ascorbate
    have been keeping a close eye on the price trend
    of Ascorbic Acid. Only purchases for immediate
    consumption were observed from major suppliers
    otherwise, demand from downstream industries
    remained weak during the entire quarter. In the
    Chinese domestic market, there was enough stock
    of Sodium Ascorbate with the local suppliers, and
    the price was lower than the production cost.
    Thus, the FOB Shanghai prices for Sodium
    Ascorbate in China were assessed at USD 3950/MT
    in September.
  • https//www.chemanalyst.com/Pricing-data/sodium-as
    corbate-1428

6
Demand of Sodium Ascorbate online
7
Sodium Ascorbate Price Trend and Forecast
8
Prices for Sodium Ascorbate in the US domestic
market fell sharply during the third quarter of
2022
  • Prices for Sodium Ascorbate in the US domestic
    market fell sharply during the third quarter of
    2022, from USD 5840/MT to USD 4440/MT from July
    to September. The factories that produce Sodium
    Ascorbate were compelled to decrease prices
    because of the immediate lockdowns in China
  • The price trend for Sodium Ascorbate in the Asia
    Pacific showed a downward trajectory throughout
    the third quarter of 2022. The prices of Sodium
    Ascorbate in China significantly decreased by
    around 25 in August and declined further by 5.3
    in September. 

9
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