For the Quarter Ending September 2022
North America
With the commencement of the third quarter Q3 of 2022, the Dextrose market was steady in the North American region owing to stable demand dynamics and good supply fundamentals. The feedstock glucose prices witnessed to hover at the lower end towards the termination of Q3 2022, followed by the dextrose price trajectory in the US market. The lowering of inquiries from the pharmaceutical and other industries has been constant throughout Q3 2022. Furthermore, the reduced quotations from the exporting countries also affected the prices of Dextrose in the market. With enough inventories and existing stock, the Dextrose prices were recorded to be steady, with values accessed at USD 780/MT with an average quarterly declination of 1.77%.
Asia
During the third quarter of 2022, the Dextrose market has been termed truncated in the Asia Pacific region. The end-user demand from the pharmaceutical industry, beverages industry, research, development activities, etc., was supple. The value of its raw material, glucose, also showcased consistent sentiments. Marginal fluctuation in the dextrose prices was experienced owing to steady demand from downstream industries at the commencement of Q3 2022. Also, halted production in the Chinese provinces propelled the domestic merchants to lower their quotations to encourage the market. Towards the end of Q3 2022, the prices were recorded to be USD 625/ton FOB Shanghai with an average quarterly declination of 0.78% owing to low to no demand, existing inventories, and reduced raw material prices.
Europe
Dextrose market dynamics showcased a stable trajectory with stagnant market demand from the European region's downstream pharmaceutical and beverage industry. Furthermore, firm feedstock glucose prices also affected the market sentiments. Consistent manufacturing costs and steady demand kept the dextrose prices stable in the German market. Both domestic and overseas markets experienced flexible market sentiments. The surplus availability also prompted domestic merchants to maintain the market's demand and supply equilibrium. Towards the end of Q3 2022, the dextrose prices were recorded to be USD 760/MT with an average quarterly declination of 1.06%.
For the Quarter Ending June 2022
North America
During the second quarter of 2022, the Dextrose market has recorded to be steady in the North American region owing to stable demand fundamentals and good supply. The downstream demand from pharmaceutical and other industries has been constant throughout Q2 2022. Dextrose is used as an excipient in treatments by providing extra water and carbohydrate to the body. The feed glucose's borderline fluctuation on the lower side was experienced towards the termination of Q2 2022, followed by the dextrose price trajectory. The dextrose market sentiments were at ease with low raw material prices and the stable manufacturing cost. With enough inventories and existing stock, the Dextrose prices were recorded to be steady, with values accessed at USD 823/MT with average quarterly declination of -0.85%.
Asia
During the second quarter of 2022, the Dextrose market has been termed firm in the Asia Pacific region. Demand from the downstream pharmaceutical industry, beverages industry, research, development activities, etc., was flexible. Dextrose is used as an excipient, and its raw material is glucose. Marginal fluctuation in the dextrose prices was experienced owing to a slight decrease in the prices of raw material glucose at the termination of Q2 2022. Both dextrose regional and overseas markets were at ease. Towards the end of Q2 2022, the prices were recorded to be USD 640/ton FOB Shanghai with the quarterly inclination of 0.08% owing to steady demand, low manufacturing cost, and decreasing raw material prices.
Europe
In the European region, Dextrose market dynamics showcased a stable price trajectory with stagnant market demand from the downstream pharmaceutical industry, beverage industry, etc. Over and above, decreasing raw material glucose prices, steady demand, and regular manufacturing costs kept the dextrose market prices stable. Both regional and overseas markets experienced flexible market sentiments. As an excipient, the availability was in surplus, which prompted maintaining the equilibrium between the market's demand and supply. Towards the end of Q1 2022, the dextrose prices were recorded to be USD 785/MT with average quarterly declination of 1.60%.
