Download
1 / 5
50 likes | 57 Views
Asia Pacific Fumaric Acid market witnessed tight supplies due to the low inventory levels of the upstream which negatively impacted the production levels in the first half of the quarter amid the planned turnarounds heard in several regional plants.
E N D
Fumaric Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Market Overview For the Quarter Ending March 2021 North America During the first quarter of 2021, the Fumaric Acid market in North America was negatively impacted due to shortages of the raw materials which led to the tight supply of Fumaric Acid, as upstream production was disrupted by sub-zero temperature conditions in USA Gulf region, forcing Fumaric Acid producers to temporarily shut operations. The Asian shipments were directed to USA in desire for the better netbacks in the midst of the surged costs of Fumaric Acid due to market tightness. Demand improved as the offtakes preservatives and Unsaturated Polyester Resin (UPR) segments. were better from the food Get acid-1134 more info: https://www.chemanalyst.com/Pricing-data/fumaric- FOLLOW US:
Fumaric Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Asia-Pacific (APAC) During the first quarter of 2021, Asia Pacific Fumaric Acid market witnessed tight supplies due to the low inventory levels of the upstream which negatively impacted the production levels in the first half of the quarter amid the planned turnarounds heard in several regional plants. However, the shortage eased as several plants ended their turnaround after the Chinese lunar New Year holidays and looked for replenishing inventories towards the end of Q1. Demand surged from the downstream food preservatives and pharmaceutical sectors. Due to hiked prices of upstream products, price of Fumaric Acid was also raised effectively. FOB Shanghai prices for March deliveries were assessed around USD 1330 per tonne in March. Europe Supplies of the Fumaric Acid remained tight since the previous quarter and augmented well during the first quarter of 2021. Reduced imports from the USA, due to the production hiccups amid the severe weather conditions in February disrupted the transportation of the raw materials for continuous operations in the plants. Demand strengthened from the downstream food preservatives and pharmaceutical sector as the commercial and economic activities paced up to recover the losses incurred in 2020. How we can help ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally. FOLLOW US:
Fumaric Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ Methodology ChemAnalyst gathers information through primary research surveys conducted with various Fumaric Acid manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market. Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Fumaric Acid market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility. Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe. Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Fumaric Acid market. Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis. Finally, region-specific markets for Fumaric Acid are analyzed and region- wise demand pattern is tracked. FOLLOW US:
Fumaric Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ About Fumaric Acid is a colorless, hygroscopic, odorless, crystalline solid. It is also called 2-Butaendioic Acid trans and has a chemical formula C4H4O4. Due to its hygroscopic nature, it is highly soluble in alcohol but partially soluble in water. It is found naturally in plants such as lichen and Iceland moss and like Vitamin D it is also produced on human skin when exposed to sunlight directly. Commercially, Fumaric Acid can be produced from Maleic Acid which in turn can be synthesized by catalytic oxidation of Benzene. Fumaric Acid can act as a buffer thus it can be used in bakery products as well. Owing to its binding property it can be used in paint industry and due to its acidulant nature it is widely used in pharmaceutical industry. Besides, it is used as a feedstock for the fabrication of polymer resin. Thus, its end use industries include food, chemical and pharmaceuticals. Product Specific Details CAS Grade; Packaging Size: 25 Kg bags; Incoterms: CFR, FOB, Ex-Works, Bulk Contracted, Spot No.: 110-17-8; HS Code: 29171950; Grade: Technical Countries Covered: APAC – China, Japan, India, South Korea, Singapore Europe – Germany, France, Belgium America – USA, Brazil MEA – Saudi Arabia, UAE, South Africa FOLLOW US:
Fumaric Acid Prices Overview E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ ChemAnalyst is ‘one stop’ online portal that offers comprehensive market intelligence data and in-depth analysis on the Global chemical and petrochemical industry. Our aim is to provide competitive advantage to the industry stakeholders by offering ‘cutting edge’ information and analysis that help our customers leverage on the emerging opportunities in their businesses. ChemAnalyst’s team of 100+ analysts are engaged in tracking Chemical Prices daily, production capacity, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst’s Interactive subscription platform provides the most comprehensive data and analysis in your industry to help you decode the future. demand and supply outlook, ChemAnalyst is promoted by TechSci Research (TSR). TSR is a research- based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace Management, BFSI and more. & Defense, Water and Waste CHEMANALYST B-44, Sector -57, Noida, NationalCapital Region, UP, India201301 Tel:+91-120-4523900 E: sales@chemanalyst.com FOLLOW US:
