The situation in the additives market remains dynamic (what’s new, right?). The cost of supplying certain products is increasing, which you should definitely take into account when searching for them on the market or preparing sales offers. All Amino Acids are in high demand, which is mainly due to the fact that they are in short supply on the market. As a result, prices increase noticeably from week to week.
As for the good news, the latest figures indicate that the situation in the fertilizer market is slowly beginning to settle down after two exceptionally turbulent years. In 2021, prices had skyrocketed due to the impact of the pandemic, while in 2022 the situation worsened following Russia’s aggression against Ukraine. In the current Q2 of 2023, fertilizer prices are becoming more affordable and consumption in selected regions recovers significantly. However, this does not change the fact that it will take longer to return to pre-pandemic price levels.
What is currently having the greatest impact on the situation in the additives market is the seasonality of supply and demand for individual raw materials. Consistent with patterns that have been in place for years, interest in Vitamin C has recently waned, while the popularity of Xanthan Gum has increased. You can traditionally read more about how prices, demand and supply of individual products develop later in the newsletter.
Lysine HCl
Lysine HCl has undoubtedly been on everyone’s lips for a few weeks now. We receive many inquiries about this raw material. Producers are preparing for the seasonal peak of Lysine HCl’s popularity. Prices are rising noticeably, which is accepted by most buyers. As one can easily guess, this trend will most likely continue.
L-Threonine
L-Threonine is currently the most expensive Amino Acid on the market. It is very popular, as can be seen by the number of requests. The situation is similar to that of Lysine HCl: manufacturers of L-Threonine are also preparing for the seasonal peak of its popularity. Prices are rising, which is met with approval from buyers. Everything indicates that the situation will continue in this direction.
Methionine
As with Lysine HCl and L-Threonine, the popularity and price of Methionine is increasing. There is no doubt that this trend will continue, as the growing interest is accompanied by a reduction in the availability of this raw material on the market.
Citric Acid
Citric Acid is another commodity whose popularity and price have increased recently. More shipments to Europe are expected in the near future. The rising price of the raw material is influenced not only by its greater popularity, but also by the rising cost of delivery, which naturally affects the price.
Vitamin C
Vitamin C is currently offered at relatively low prices. No wonder, it has become warmer, people and animals do not get colds and therefore less often reach for supplements whose ingredients are primarily known for strengthening immunity. Maybe it’s a good idea to start stocking up for winter now?
Xanthan Gum
Xanthan Gum is in high demand. This is not surprising, since it is used, among other things, in the production of jams, which is intensified after the harvest of particular fruit. The upcoming intensive activities in fruit processing centers will clearly be reflected in an increase in the popularity of Xanthan Gum.
