Sodium Ascorbate Prices in the United States –
In last year, Sodium Ascorbate Prices in the United States surged to $2,730 per metric ton, influenced by a combination of supply chain issues and increasing logistics expenses. The demand for immune-boosting supplements during the cold and flu season contributed to the upward pressure on prices.
Geopolitical tensions and pre-Lunar New Year market closures in major exporting countries like China led to import delays, further tightening supply. Additionally, rising freight and transportation costs worsened these challenges, creating a supply-demand imbalance that drove Sodium Ascorbate Prices higher in the U.S. market.
Sodium Ascorbate Prices in China–
In year ending, Sodium Ascorbate Prices in China experienced significant fluctuations due to various demand and supply issues. The need for immune-boosting supplements soared during the colder months, both within the country and abroad, pushing prices up. However, manufacturing slowdowns, labor shortages, and decreased export activity limited supply, resulting in a sharp price hike early in the quarter.
As post-holiday operations picked up and market inquiries increased, prices stayed high. By the end of the quarter, easing trade disruptions and lower freight costs contributed to market stabilization, leading to a more balanced pricing scenario.
Sodium Ascorbate Prices in Germany–
In the last quarter of the year, Sodium Ascorbate Prices in Germany experienced a notable increase, characterized by significant fluctuations driven by various factors. The surge in demand for immune-boosting supplements during the peak cold and flu season, coupled with a rise in travel, pushed prices higher. These increases were further impacted by supply chain disruptions and geopolitical tensions, especially the rerouting of shipping lines due to conflicts in the Red Sea, which resulted in delays and higher shipping costs.
Additionally, the global rise in freight charges and a slowdown in import-export activities added further pressure. However, as some of these challenges began to ease toward the end of the quarter, the market stabilized, leading to a decrease in price fluctuations.
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Factor Effect Sodium Ascorbate Prices:
Supply and Demand:
Sodium ascorbate prices are significantly influenced by fluctuations in supply and demand. During peak seasons, such as the cold and flu period, the demand for immune-boosting supplements increases, leading to higher prices. Conversely, supply chain disruptions, such as manufacturing slowdowns or labor shortages, can limit supply, causing prices to rise. For instance, during late 2024, increased demand and supply constraints led to a surge in sodium ascorbate prices in various regions .
Raw Material Availability:
The production of sodium ascorbate relies heavily on the availability of raw materials like glucose derived from corn. Fluctuations in the supply of these raw materials, due to factors like crop yields or export restrictions, can impact production costs and, consequently, the price of sodium ascorbate.
Freight Costs:
Transportation expenses play a crucial role in the pricing of sodium ascorbate. Increased freight charges, resulting from factors like fuel price hikes or shipping route disruptions, can elevate overall costs. For instance, in late 2023, rising global shipping costs and incidents near major trade routes contributed to higher sodium ascorbate prices.
International Trade Policies:
Trade regulations, including tariffs and export restrictions, can significantly affect sodium ascorbate prices. Policies that limit the export of raw materials or finished products can disrupt supply chains and lead to price increases.