May 26, 2022
Domestic production issues and a lack of imported Citric Acid from Thailand left the U.S. short on supply for some time now.
This situation was not expected to change for another year or so. However, large quantities of import material have filtered their way into the U.S. market from China and India in the last few months. Also, a North American producer has announced that they are adding capacity. The U.S. supply is still snug, but the extra volume of product has relieved the shortage considerably. As a result, pricing levels didn’t reach the levels that were expected earlier, and the situation didn’t last as long as was anticipated, either.
Supply has caught up with demand, at least for the short term. Although it is possible there may be tighter supply going into the peak demand season, the Citric Acid market has softened a bit for now.
CORECHEM looks forward to supplying your bulk Citric Acid needs!
