Chemical Price | Prices | Pricing | Monitoring | ChemAnalyst

For the Quarter Ending September 2023 North America In the third quarter,  Tartaric acid prices  in the USA market displayed a diverse pattern. In July, prices experienced a 3.15 percent decline due to a reduction in new order inquiries and sales from end-user sectors. Consumer prices, however, surged by 3.2% in July compared to the previous month, as indicated by government inflation figures. This increase followed a 3% annual rise in June, the slowest rate in over two years. The Federal Reserve's decision to raise its benchmark rate by 25 basis points 11 times in July, aiming to mitigate inflation, kept overall market demand low. On the flip side, Tartaric acid prices rose by 1.16% in August due to supply constraints and growing end-user demand. Disruptions in the global supply chain and increased oil costs also contributed to the price hike. In September, new orders decreased for the sixth consecutive month, albeit at a slower pace, resulting in a 5.29% drop in Tartaric aci...