Global Acesulfame Potassium Prices to End March 2023 on a Positive Side
Global Acesulfame Potassium Prices to End March 2023 on a Positive Side

Global Acesulfame Potassium Prices to End March 2023 on a Positive Side

  • 23-Mar-2023 11:16 AM
  • Journalist: Francis Stokes

Acesulfame Potassium prices are predicted to improve during the end of the first quarter of 2023 on the back of improved overall demand and inquiries from domestic and the international market, respectively. Higher inventories, along with an increase in trade activity from export nations, further supported the positive price trend of Acesulfame Potassium across the globe.

The rise in consumption of Acesulfame Potassium from the downstream sector within the Chinese domestic market kept the prices of Acesulfame Potassium on the upper side during this month. Moreover, the production costs for Artificial Sweeteners slightly surged as the inquiries witnessed from the international market were inclined. Besides this, domestic merchants had enough stock with them to cater to the overall requirements within the domestic market.

Similar to that of China, the cost of Acesulfame Potassium demonstrates an incremented trend throughout the end of the first quarter of 2023. Improved end-user demand supported this price trend further in the United States. Also, because of increased exports from exporting countries, mainly from China to Europe and other places, a rise in the future price of Acesulfame Potassium in the area by domestic merchants is anticipated. According to market analysts in European nations, a surge in consumer interest helped many suppliers raise their prices of end products within the domestic market within the region. As a result, they concentrated on refilling their supplies of Acesulfame Potassium to avoid further scarcity.

As per the ChemAnalyst, "the cost of Acesulfame Potassium is projected to improve in the coming months as well. The global demand from the downstream industry is probably going to pick up speed at a constant rate. The favorable pricing is anticipated to be supported by consistent growth in inquiries from local and international markets, which might raise manufacturing expenses. The prices are projected to continue to trend steadily upward in the United States and Germany. Local merchants would likely boost their prices marginally.

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