Chemanalyst16 Oct, 2023Business
In the second quarter of 2023, the vitamin C market in North America underwent a bearish price trend. Price discussions for CFR Los Angeles witnessed a decline from $4,550 per metric ton to $4,020 per metric ton between April and June 2023, marking a 1.1% decrease over the quarter. The demand for vitamin C from end-users in the food and beverage, cosmetics, and nutraceutical industries in the US was marginally lower due to ample stocks at suppliers. Corresponding with energy prices, inflation in the country experienced a modest decrease.
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