Title: Fumaric Acid Demand in Global Market
1Fumaric 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
2Find The Fumaric Acid prices online
3The 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
4The strong demand for Fumaric Acid majorly came
from the food, pharma, and chemical industries.
5The 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
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