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Sodium Benzoate Price Trend and Forecast

In North America, Sodium Benzoate price witnessed an exponential rise during the third quarter of 2021. Demand for Sodium Benzoate remained firm from the food industry supported by high use of quick snack meal during this timeframe. Despite the ample supply of Sodium Benzoate to cope up with the regional demand its prices soared because of the global inflation in the upstream prices as an impact of Ida hurricane that made landfall in the Gulf Coast of US in August end.

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Sodium Benzoate Price Trend and Forecast

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  1. Di Ammonium Phosphate (DAP) Price Trend and Forecast In the North American region, Di Ammonium Phosphate price outlook appeared bullish with robust demand and tight fundamentals which kept the prices in the upward trend during the third quarter. By August end, most of the industries and refineries across the Gulf Coast of the USA were shut as a repercussion of Ida hurricane that consequently impacted the production as well as supply chain in North America. However, an improvement in the offtakes from end users was observed in this timeframe following the rebound in industrial and commercial activities.

  2. Sodium Benzoate Price Trend and Forecast

  3. Sodium Bicarbonate Pricing Trend and Forecast In North America, Sodium Bicarbonate Pricing witnessed an uptrend in the third quarter of 2021. In the US, demand from the feed, food and pharmaceutical industry remained firm throughout this quarter. Despite ample supplies of Sodium Bicarbonate, a hike in the pricing trend was observed backed by the spike in the values of its raw materials. In addition, many production units in the US remained closed as a repercussion to Ida hurricane that made landfall in the Gulf Coast of the US in August end that directly impacted the supply chain of feedstock which consequently surged the prices of Sodium Bicarbonate in this timeframe.

  4. Poly Vinyl Chloride (PVC) Price Trend and Forecast

  5. Benzene PricingTrend and Forecast Benzene Pricingoutlook showcased a marginal decline during the third quarter in the North America. Benzene Pricingoutlook showcased a marginal decline during the third quarter in the North America.

  6. Sodium Hypochlorite PriceTrend and Forecast The Sodium Hypochlorite Pricein the North American region witnessed an uptrend in the third quarter of 2021 backed by the robust demand from the water treatment chemical industry. Furthermore, the hike in the prices of Sodium Hypochlorite was due to the scarcity of upstream Chlorine because of the lower production rates in the USA as an impact of Ida hurricane that made landfall in the gulf coast of US at the August end. Besides, Logistical issues in the region also influenced the pricing trend of the product in this quarter.

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