Sodium Erythorbate Price Trend and Forecast

Sodium Erythorbate Regional Price Overview

Get comprehensive insights into the Sodium Erythorbate market, with a focused analysis of the Sodium Erythorbate price trend across Asia, Europe, North America, Latin America, and the Middle East & Africa.

 

Sodium Erythorbate Price Trend for Q1 of 2024

Product Category Region Price Time Period
Sodium Erythorbate Chemicals USA 2217 USD/MT January’24
Sodium Erythorbate Chemicals USA 2202 USD/MT March’24


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Sodium erythorbate markets were majorly bleak during the said period of Q1’24. The monthly average prices in the US market went from about 2217 USD/MT (CFR) in January’24 to around 2202 USD/MT (CFR) in March’24. Sodium erythorbate is primarily used as a preservative in the food, pharma, and cosmetic industries. Thereby, the demands from these sectors influence the market dynamics for sodium erythorbate immensely.
 

Sodium Erythorbate Price Chart

Sodium Erythorbate Price Trend

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During the said period of Q1’24, the prices were found to be wavering low for the most part. The carryover inventory volumes from the previous year were also high, which pushed the price trajectory further down. Even though there were occasional ups and downs, the overall market performance was still very limited as prices wavered within very narrow limits throughout.

Analyst Insight

According to Procurement Resource, given the current supply and demand dynamics, not much change is anticipated in the Sodium Erythorbate prices going forward. The existing stocks are still very much capable of catering to the expected demands of sodium erythorbate.

Procurement Resource provides latest prices of Sodium Erythorbate. 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.

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About Sodium Erythorbate

Sodium erythorbate is a food additive used primarily as an antioxidant and preservative in processed foods and beverages. Chemically, it is the sodium salt of erythorbic acid, which is a stereoisomer of ascorbic acid (vitamin C). This compound helps prevent the oxidation of food, maintaining color, flavor, and freshness. It is particularly effective in preventing the formation of nitrosamines, carcinogenic compounds in cured meats. Sodium erythorbate is widely used in the meat and poultry industries, as well as in beverages, fruits, and canned foods.

Sodium Erythorbate Product Details

Report Features Details
Product Name Sodium Erythorbate
Chemical Formula C6H9NaO6
Industrial Uses Food and Beverages, Meat Processing, Fish Processing
Poultry, Fruit and Vegetable Preservation, Wine Making, Cosmetics
Molecular Weight 200.12 g/mol
CAS Number 6381-77-7
Supplier Database Neostar United, Triveni Interchem Pvt Ltd., Henan Eastar Chemicals Co. Ltd., Xiamen Hisunny Co. Ltd, Hubei Jusheng Technology Co. Ltd, Zhengzhou Natural Chemical Co. Ltd
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


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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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