Product
Sodium Ascorbate Price Trend and Forecast
Sodium Ascorbate Price Trend and Forecast
Sodium Ascorbate Regional Price Overview
Get the latest insights on price movement and trend analysis of Sodium Ascorbate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Sodium Ascorbate Price Trend for Q1 of 2024
In Q1 2024, the sodium ascorbate market in both the APAC and European regions experienced dynamic changes due to various external and internal factors. In China, increased end-user and overseas demand led to an upward trend in the market despite temporary manufacturing slowdowns, labor shortages, and weaker export activities causing initial supply limitations. However, post-holiday resumption of operations sparked a surge in demand, encouraging suppliers to optimize pricing for profit maximization.
Sodium Ascorbate Price Chart
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In contrast, Europe, particularly Germany, faced price surges driven by heightened demand from the pharma and manufacturing sectors, compounded by supply chain disruptions from geopolitical tensions and rerouted shipping due to conflicts in the Red Sea.
These disruptions were further exacerbated by the Chinese New Year celebrations, affecting logistics and supply chains and adding to the complexity of the market environment. As the quarter progressed, global markets saw price stabilization with the easing of freight costs and supply chain pressures, highlighting the global interconnectedness and sensitivity of the sodium ascorbate market to a variety of influencing factors.
Analyst Insight
According to Procurement Resource, Sodium Ascorbate prices are expected to fluctuate in the near future. The current supply and demand dynamic reflects ambiguity in the global markets.
Procurement Resource provides latest prices of Sodium Ascorbate. 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 Sodium Ascorbate
Sodium ascorbate is a salt form of ascorbic acid (vitamin C) and serves as an antioxidant food additive. It is highly soluble in water and less acidic than pure ascorbic acid, making it more palatable and easier on the stomach. Widely used in the food industry to preserve freshness and prevent oxidation, sodium ascorbate is also utilized in pharmaceuticals for its immune-boosting properties and in cosmetics to promote skin health by encouraging collagen production and protecting against oxidative damage.
Sodium Ascorbate Product Details
| Report Features | Details |
| Product Name | Sodium Ascorbate |
| Chemical Formula | C6H7NaO6 |
| Industrial Uses | Food Additive, Pharmaceuticals, Cosmetics, Meat Processing, Beverage Industry, Animal Feed |
| Molecular Weight | 198.106 g/mol |
| CAS number | 134-03-2 |
| HS Code | 29362700 |
| Supplier Database | Parchem fine & specialty chemicals, M.C.Biotec Inc, Vantage Specialty Ingredients Inc., Selco, BulkActives, GREAF, Gonmisol, DSM Nutritional Products AG, Rhino Linings Corporation, SHREEJI PhARMA INTERNATIONAL, CIDIC Co |
| 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.
Sodium Ascorbate Production Process
- Sodium Ascorbate Production by acid-base reaction.
The preparation begins with the chemical reaction between a basic and an acidic chemical that results in the production of salt. Here, in this reaction, sodium bicarbonate (base) reacts with ascorbic acid (acid) and results in the formation of sodium ascorbate as the final product.
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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