Casein Glue Price Trend and Forecast

Casein Glue Regional Price Overview

Get the latest insights on price movement and trend analysis of Casein Glue in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Casein Glue Price Trend for Q1 of 2024

In the first quarter of 2024, the market for casein glue experienced trends closely aligned with the fluctuations in its primary feedstock, casein, which was affected by the broader dynamics in the dairy industry and global supply chain issues.
 

Casein Glue Price Chart

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The quarter had a firm start in January, as casein demand surged during the peak winter months. Thus, the prices also saw initial increments during this time. It led to increased production efforts and stockpiling anticipations among casein glue manufacturers, who relied heavily on the availability and stability of casein supplies. This initial increase in production and inventory levels contributed to heightened market activity for casein glue.

However, as the quarter progressed and the casein market began to stabilize due to increased supplies and adjustments in production rates, the casein glue industry similarly saw a shift towards market stabilization. Manufacturers adjusted their production outputs in response to the changing availability of casein, leading to a more balanced market by the end of the quarter. Overall, the casein glue industry's trends during this period exhibited fluctuations and stabilization persistently.

Analyst Insight

According to Procurement Resource, since casein production has risen, an exacerbated inventory pressure is expected in the Casein Glue industry in the coming months.

Procurement Resource provides latest prices of Casein Glue. 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.