At the beginning of October, the tartaric acid market was steady with small price fluctuations as supply and demand were mostly in balance and customary procurement went on without any serious breakages. China’s supply, a largest supplier, were lightly hurt by inventories for the traditional annual Golden Week holiday, interrupting temporarily production and shipping, affecting supply at the start of the month. Mid-month marketplace pricing experienced steep rises fueled by increased costs of imports and increasing foreign demand, especially from buyers in Europe and Asia, as deliveries returned gradually after the Golden Week. During the last week of October, tartaric acid prices rose at a low rate due to consistent overseas demand and sporadic logistical issues, while total supply remained more than adequate to avoid wild swings. In the months ahead, U.S. tartaric acid prices are going to rise again in November on the heels of consistent demand and possible shipping delays by top exporters.
