Free Sodium Benzoate Pricing New York

Published date: March 9, 2022
  • Location: New York, New York, NY, United States

During the fourth quarter of 2021, the Sodium Benzoate Pricing remained stagnant in the Asian Pacific region. In China, Sodium Benzoate prices showcased slight fluctuations in the domestic market and settled at USD 1405 per MT in December ending. The increased prices of upstream Benzoic acid, along with high energy cost, container shortages, and soaring freight charges, are some of the factors that have supported the price trend of Sodium Benzoate in the country. In the Indian domestic market, Ex-Kolkata prices of Sodium Benzoate were assessed at USD 2087.65 per MT in December. In India spiraling crude oil futures and supply disruptions backed by sky-high freight costs resulted in the increased prices of the product in Q4. In terms of demand, offtakes remained firm throughout the quarter.

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