Fumaric Acid Demand in Global Market - PowerPoint PPT Presentation

About This Presentation
Title:

Fumaric Acid Demand in Global Market

Description:

Fumaric Acid Price surged in the North American market during the 1st quarter of 2022 on the back of increased demand and higher upstream costs. The strong demand for Fumaric Acid majorly came from the food, pharma, and chemical industries. Meanwhile, enhanced prices of upstream Maleic Anhydride soared the production cost of Fumaric Acid, which in turn influenced its price value. Furthermore, intensified crude oil value, incremented freight charges, labor shortages, and port congestions amid Russia-Ukraine war tensions propelled the prices of Fumaric Acid in the domestic market. Conclusively, the evaluated prices of Fumaric Acid in the USA at CFR New York were USD 1060/MT in January, which augmented to USD 1935/MT during February. – PowerPoint PPT presentation

Number of Views:2
Slides: 8
Provided by: chemanalyst1
Category: Entertainment
Tags:

less

Transcript and Presenter's Notes

Title: Fumaric Acid Demand in Global Market


1
Fumaric Acid Price Trend and Forecast
  • Fumaric Acid price surged in the North American
    market during the 1st quarter of 2022 on the back
    of increased demand and higher upstream costs.
    The strong demand for Fumaric Acid majorly came
    from the food, pharma, and chemical industries.
    Meanwhile, enhanced prices of upstream Maleic
    Anhydride soared the production cost of Fumaric
    Acid, which in turn influenced its price value.
    Furthermore, intensified crude oil value,
    incremented freight charges, labor shortages, and
    port congestions amid Russia-Ukraine war tensions
    propelled the prices of Fumaric Acid in the
    domestic market. Conclusively, the evaluated
    prices of Fumaric Acid in the USA at CFR New York
    were USD 1060/MT in January, which augmented to
    USD 1935/MT during February.
  • https//www.chemanalyst.com/Pricing-data/fumaric-a
    cid-1134

2
Find The Fumaric Acid prices online
3
The prices of Fumaric Acid soared in the European
Countries during the quarter 1 of 2022
  • The prices of Fumaric Acid soared in the European
    Countries during the quarter 1 of 2022 on account
    of firm demand and enhanced prices of Benzene.
    The increased consumption of packaged and
    processed food escalated the offtake of Fumaric
    Acid in the domestic market of Europe. Besides,
    consistent increment in the prices of upstream
    Benzene inclined the price value of Fumaric Acid.
    In addition, skyrocketed crude oil prices,
    augmented freight charges, port congestions, and
    cargoes shortage owing to continued conflict
    between Russia and Ukraine further added to the
    already intensified prices of Fumaric Acid. Thus,
    the observed prices of Fumaric Acid in Germany
    were USD 2094/MT CFR Antwerp during the month of
    January, which followed an upward Trajectory till
    March.
  • https//www.chemanalyst.com/Pricing-data/fumaric-a
    cid-1134

4
The strong demand for Fumaric Acid majorly came
from the food, pharma, and chemical industries.
5
The Asia-Pacific region witnessed an upward
trajectory in the price of Fumaric Acid during
the 1st quarter of 2022
  • The Asia-Pacific region witnessed an upward
    trajectory in the price of Fumaric Acid during
    the 1st quarter of 2022, backed by strong demand
    and increased feedstock prices.
  • The Fumaric Acid Pricing in the European
    Countries during the quarter 1 of 2022 on account
    of firm demand and enhanced prices of Benzene. 

6
Fumaric Acid Supply in Global Market online
7
Contact Us ChemAnalyst Contact No- 1
3322586602 E-Mail- sales_at_chemanalyst.com websites
- www.chemanalyst.com
Write a Comment
User Comments (0)
About PowerShow.com