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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,

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Fumaric Acid Price Trend and Forecast

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  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-acid-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-acid-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@chemanalyst.com websites:- www.chemanalyst.com

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