2,5-Furandicarboxylic Acid Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of 2,5-Furandicarboxylic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa

For the First Half of 2022

Asia

2,5-Furandicarboxylic Acid is obtained via the dehydration of sugars like glucose and sucrose.

Sucrose crystals are obtained organically from sugarcane. During the first quarter, owing to the robust demand from the sugar and ethanol industries, the prices of sugarcane and thus sugar soared. Also, India individually met the demand for sugar globally due to the reduced production from the Latin states and supply chain constraints amid the ongoing conflict.

Maharashtra had a bumper harvest season this year and exceeded the quotas drastically, leading to market stockpiling. Hence, the Indian government allowed the mills to export more than the permitted amounts to prevent losses. The lowered prices of feedstock sugars weakened the price trends of 2,5-Furandicarboxylic Acid.

Europe

In line with the Asian market, sugar prices remained strong during the first quarter due to solid downstream demand and supply-side shortages. However, the prices stabilized in the second quarter because of the increased imports from the sugar exporting nations which led to the stockpiling of the product in the local markets.

North America

During the start of the current year, the sugarcane and thus the sugar prices soared throughout the domestic market. The poor harvest due to the severe climatic conditions and the reduced exports from Brazil and Mexico resulted in the inflated costs of sugars.

However, during the second quarter, the prices of sugars plateaued and stabilized due to mixed market sentiments. The price of glucose syrup averaged 948.20 USD/MT.

Procurement Resource provides latest prices of 2,5-Furandicarboxylic Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.