Prices of liquid carbon dioxide in the Asia-Pacific (APAC) area experienced a considerable spike in the third month of Qx xxxx due to increased prices of natural gas—the principal feedstock used in Liquid Carbon Dioxide manufacturing—and shifting demand patterns in the market. The price increase is mounting pressure on beverage makers, especially in the fast-paced metropolitan areas such as Singapore, where demand for carbonated beverages remains strong. With the focus on health-related drinks gaining ground, the rise in carbonation costs will find its way into production policies, potentially creating cost increases that could hit both consumers and companies within the region.
Liquid Carbon Dioxide is needed for carbonation and preservation in drinks. Liquid Carbon Dioxide prices in India rose to USD xxx per metric ton by March xxxx from USD xxx per ton in early xxxx. The International Energy Agency (IEA)...
