First Quarter of 2023 in North America Lactic Acid Prices - Noida

Wednesday, 31 May 2023

Item details

City: Noida, Uttar Pradesh
Offer type: Offer

Contacts

Contact name chemanalysta@gmail.com
Phone 03322586602

Item description

In the North American region, Lactic Acid followed the fluctuating price trajectory in the first quarter of 2023. The US Lactic Acid market started the first quarter off better, with prices rising in January. Lactic Acid Prices in the US are under pressure due to rising import costs from EU countries. Rising inflation and the price of feedstock further hurt the market for the product. However, as a result of downstream firms' strong wait-and-see attitude, which forced US suppliers to decrease their pricing in order to increase orders, these values subsequently declined in February. The product's price had dropped towards the end of the quarter as a result of lower downstream pharmaceutical sector demand and available stockpiles. Thus, rising to USD 1420/MT in March from USD 1590/MT in January, an unstable market was seen in the prices of Lactic Acid.

For more information
E-Mail:- sales@chemanalyst.com
websites:- httpswww.chemanalyst.com/Pricing-data/glutamic-acid-1521
Contact No:- +13322586602