ChemAnalyst Market Research Report

North America:  In the North America region, the Citric Acid market in the fourth quarter of 2023 faced several significant factors that impacted prices. Firstly, until the first half of the quarter, there was an overall improvement in the domestic market situation, with increased demand and replenishment of inventories. This was driven by rising input-cost inflation and a surge in domestic inquiries, particularly due to the onset of the winter season. Additionally, the import market experienced supply challenges, with limited inventories among suppliers and a decrease in imports from key exporting countries from H2 of Q4 2023.  For the domestic market of Citric Acid, it witnessed a notable increase in  Citric Acid prices  throughout the quarter with prices inclining from $2370/mt to $2450/mt between October and December. This was influenced by rising wages and energy prices, which caused inflationary pressures throughout the supply chain. Furthermore, the decrease i...

North America:  In the North America region, the Citric Acid market in the fourth quarter of 2023 faced several significant factors that impacted prices. Firstly, until the first half of the quarter, there was an overall improvement in the domestic market situation, with increased demand and replenishment of inventories. This was driven by rising input-cost inflation and a surge in domestic inquiries, particularly due to the onset of the winter season. Additionally, the import market experienced supply challenges, with limited inventories among suppliers and a decrease in imports from key exporting countries from H2 of Q4 2023.  For the domestic market of Citric Acid, it witnessed a notable increase in Citric Acid prices throughout the quarter with prices inclining from $2370/mt to $2450/mt between October and December. This was influenced by rising wages and energy prices, which caused inflationary pressures throughout the supply chain. Furthermore, the decrease in import vol...