Sodium Citrate Prices Trend | Pricing | News | Database | Chart



North America

In Q3 2024, the Sodium Citrate market in North America experienced a stable but cautious performance. Supply-side inventory pressure was manageable, though weak downstream demand and a conservative purchasing approach limited market activity. Prices showed a slight rebound from earlier low points, but overall transaction volumes remained steady. Price variations were noted across regions, driven by increased downstream orders and improved shipment activity among companies. Negotiations from end-users trended upward, supported by favorable feedstock procurement conditions and continued high consumption levels in downstream industries. However, rising raw material costs, especially for citric acid, complicated pricing, leading to a general upward movement in Sodium Citrate Dihydrate prices. Mid-quarter saw a notable drop in import prices, compounded by weakened demand in key sectors such as pharmaceuticals and preservatives. Factors such as oversupply, an economic slowdown, cheaper alternatives, and currency fluctuations pressured prices further. Despite these challenges, market sentiment remained bearish, with buyers adopting a cautious stance, shorter supplier lead times, and reduced purchasing activity. By September, modest improvements in end-user demand helped balance inventories, stabilizing the market. By the end of Q3 2024, Sodium Citrate Dihydrate prices rose by 1% quarter-over-quarter, closing at USD 805/MT CFR Los Angeles.

Get Real time Prices for Sodium Citrate: https://www.chemanalyst.com/Pricing-data/sodium-citrate-1485

Asia Pacific

Throughout Q3 2024, the APAC region’s Sodium Citrate market maintained stable prices, reflecting an equilibrium in pricing. Factors such as stable demand, steady supply levels, and overall market balance contributed to this trend. In China, however, the market saw the most notable price fluctuations, with a slight decrease from the previous quarter. Demand, both domestic and export-driven, supported upward price momentum. Supply issues from major exporting regions, along with rising production costs due to plant shutdowns and disruptions in July and August, exacerbated the situation. Logistical challenges and increasing freight costs further strained trading sentiment, pushing prices up until late September. However, mid-quarter saw prices start to fall, driven by weakened downstream demand and shifts toward alternative excipients. Despite a reduction in freight costs, a decrease in new inquiries and a general supply-demand imbalance led to a downward trend. By the end of Q3 2024, the price of Sodium Citrate Dihydrate FOB Shanghai stood at USD 660/MT, indicating a stable market outlook.

Europe

In Q3 2024, the European Sodium Citrate market followed a stable pricing trajectory, with Germany experiencing the most pronounced price changes. This stability was marked by increased trading activity, higher inquiry volumes, and heightened market participation. Several factors contributed to this trend: bulk procurement spikes, consistent raw material pricing that maintained production stability, and rising inquiries from the poultry sector. Export activity from major producing countries grew steadily, with traders focusing on improving profit margins. However, logistical issues and rising freight costs affected trading sentiment for Sodium Citrate Dihydrate from China, contributing to the overall upward trend. Mid-quarter, the market shifted to a downward path due to lower production costs from reduced energy expenses and falling citric acid prices. Demand across sectors like food preservatives and pharmaceuticals remained subdued, fostering a bearish sentiment. Consequently, despite a stable trajectory over the quarter, prices for Sodium Citrate Dihydrate increased by 1% from the previous quarter. By the end of Q3 2024, prices in Germany, CFR Hamburg, stood at USD 775/MT, reflecting the prevailing downward trend in the region.

 

 

 

 

 

 

Contact Us:

ChemAnalyst

GmbH - S-01, 2.floor, Subbelrather Straße,

15a Cologne, 50823, Germany

Call: +49-221-6505-8833

Email: sales@chemanalyst.com

Website: https://www.chemanalyst.com

 

Comments

Post a Comment

Popular posts from this blog

Epoxy Resin Price Index, Trend, Chart, News, Demand & Forecast

Image
The global   epoxy resin prices  has been witnessing dynamic fluctuations influenced by multiple macroeconomic and sector-specific factors. Epoxy resin, a versatile thermosetting polymer, is widely used across industries such as construction, automotive, aerospace, marine, adhesives, coatings, and electrical components, which makes its demand highly sensitive to global economic cycles. In recent years, price movements have been dictated by raw material costs, particularly epichlorohydrin and bisphenol-A, as well as supply chain conditions, production capacities, and downstream consumption trends. As global markets rebounded after the pandemic-related slowdowns, epoxy resin demand rose considerably in sectors like construction and wind energy, putting upward pressure on prices. However, volatility in crude oil and benzene, from which major feedstocks are derived, continues to add uncertainty to the pricing landscape. In Asia-Pacific, which dominates the global epoxy resin marke...
Read more

Calcium Acetate Price Index, Trend, Chart, Market Analysis, News & Forecast

Image
The global  calcium acetate prices  has been witnessing dynamic trends shaped by supply chain conditions, raw material costs, and demand patterns from key end-use industries. Calcium acetate, a chemical compound primarily used as a food additive, stabilizer, and pharmaceutical ingredient, is influenced heavily by fluctuations in calcium carbonate and acetic acid prices. As these raw materials face volatility due to energy costs, logistics challenges, and geopolitical disruptions, the pricing of calcium acetate has shown periodic variations across regions. In the pharmaceutical sector, calcium acetate is widely utilized as a phosphate binder for patients with chronic kidney disease, while in the food industry it acts as a preservative and stabilizer, both of which support its steady consumption. The market also benefits from its applications in chemical formulations and industrial uses, although pricing continues to fluctuate based on global supply and demand balance. During re...
Read more

Polyethylene Terephthalate (PET) Prices: Trends, Drivers, and Forecast

Image
Polyethylene Terephthalate (PET), a widely used thermoplastic polymer, plays a critical role in industries such as packaging, textiles, and consumer goods. Its popularity stems from its lightweight, durability, and excellent recyclability. However, the price of PET is influenced by various factors, making it a dynamic and closely monitored market. Current Price Trends In recent years,  PET prices  have demonstrated significant volatility due to shifting supply and demand dynamics. The post-pandemic recovery spurred a surge in demand for packaging materials, especially for beverages and personal care products, driving PET prices upward. However, the market has also faced challenges such as fluctuating crude oil prices, disruptions in raw material supply chains, and regional trade policies. Get Real time Prices for Polyethylene Terephthalate (PET) :  https://www.chemanalyst.com/Pricing-data/polyethylene-terephthalate-72 Key Price Drivers Raw Material Costs : PET is der...
Read more