Product
Erythorbic Acid Price Trend and Forecast
Erythorbic Acid Price Trend and Forecast
Erythorbic Acid Regional Price Overview
Get comprehensive insights into the Erythorbic Acid market, with a focused analysis of the Erythorbic Acid price trend across Asia, Europe, North America, Latin America, and the Middle East & Africa.
Erythorbic Acid Price Trend for Q1 of 2024
| Product | Category | Region | Price | Time Period |
| Erythorbic Acid | Chemicals | USA | 3268 USD/MT | January '24 |
| Erythorbic Acid | Chemicals | USA | 3309 USD/MT | March '24 |
Stay updated with the latest Erythorbic Acid prices, historical data, and tailored regional analysis
Erythorbic acid prices observed swift fluctuations during the first three months of the year 2024. Initially, the markets were a little meek owing to the reduced consumption in the downstream sectors. Particularly in the US market, the New Year holidays in the early days prompted fewer industrial working days, limiting the downstream demands; thereby, the prices slipped slightly going from January to February’24. However, as the demands started normalizing soon, the prices also started inching up in the latter phase of the given span. Since the price differences were very subliminal, the overall trend was consolidated.
Erythorbic Acid Price Chart
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In the American markets, the monthly average erythorbic acid prices went from about 3268 USD/MT (CIF) in January’24 to around 3309 USD/MT (CIF) in March’24. This shift presented a very moderate market performance by erythorbic acid since the supply and demand dynamics sustained their parity for the most part.
Analyst Insight
According to Procurement Resource, the price projections for Erythorbic Acid look positive for the coming months. The market is expected to sustain its forward looking momentum moving ahead as well.
Procurement Resource provides latest prices of Erythorbic 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.
About Erythorbic Acid
Erythorbic acid is a stereoisomer of ascorbic acid (vitamin C) and is commonly used in the food industry as an antioxidant. Chemically known as isoascorbic acid, it effectively prevents the oxidation of food by scavenging oxygen and inhibiting the effects of metal catalysts in the production process. Erythorbic acid helps maintain color and flavor in a variety of food products, including meats, fruits, and beverages. It is also used to enhance the shelf life of processed foods without impacting their nutritional content.
Erythorbic Acid Product Details
| Report Features | Details |
| Product Name | Erythorbic Acid |
| Chemical Formula | C6H8O6 |
| Industrial Uses | Food Preservation, Beverages, Cosmetics, Pharmaceuticals, Meat Processing, Fruit and Vegetable Preservation |
| Molecular Weight | 176.124 g/mol |
| CAS number | 89-65-6 |
| Supplier Database | Huayuan Bioengineering, HuameiHuli Biochem, MORIMURA BROS, Zhengzhou Tuoyang Industrial, Finoric, APAC Chemical, Xi'an Rainbow Bio-Tech |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
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