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The American market is experiencing a consistent rise in the price of importing Sodium citrate dihydrate, which is being caused by increased demand and supply chain complications in the international market. The product is largely demanded by various industries such as food and beverages, pharmaceuticals, and cosmetics, and its application as a buffering agent, emulsifier, and preservative is driving demand. Its use by the food sector as a supplier for processed beverages and foods, and increased post-pandemic pharmaceutical uses, has fueled pressure on suppliers worldwide. The major drivers of the Sodium citrate dihydrate price hike are due to supply chain interruption by geopolitical tensions, labor shortages, and environmental legislation in export nations such as China and India. It has also imposed increased costs due to inflationary pressure on raw materials such as citric acid. The U.S. consumer's thirst for sustainable practices has also incurred an expense. Industry analysts have forecasted further price increases of Sodium citrate dihydrate through sustained demand, supply chain dynamics, and economic uncertainty. Companies need to implement strategic initiatives, like diversifying suppliers and inventory control, to lower risks.
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