Free Pectin Price Trend and Forecast New York

Published date: December 28, 2022
  • Location: New York, New York, NY, United States

High Methoxyl (HM) Pectin Price in the North American region were inclined in the first half of the third quarter of 2022. Demand from the downstream pharmaceutical and food sector has increased in the region, keeping the prices on the higher side. Furthermore, with the surging inflation rate, some US customers have frontloaded orders to ensure they have goods on hand with lower costs. Moreover, towards the termination of q3, the prices for High Methoxyl (HM) Pectin dropped down owing to weaker purchasing momentum observed from the customer side. Also, stockpiling of stocks the suppliers feared caused them to reduce the prices to destock the inventories. With this, the prices demonstrated for High Methoxyl (HM) Pectin were assessed at USD 13580/MT CFR Los Angeles.

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E-Mail:- sales@chemanalyst.com
websites:- https://www.chemanalyst.com/Pricing-data/pectin-1517
Contact No:- +13322586602

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