Classified Id: 946339
Classified
Title:
Aspartame prices Trend and Forecast
Category: For All:General
City: New york Locality: New York
Date Listed/Updated: 2022-08-17
Author/Publisher name:
Description: In the North American region, the Aspartame Prices witnessed a downward trend during the second Quarter of 2022, backed by a significant reduction in downstream demand from end-user Pharmaceutical, food & beverage industries. Also, substantial fluctuation in upstream feed Amino acids cost and availability affected the Aspartame market in both regional and domestic markets. Besides that, affected trading activities due to fluctuation in fuel prices and rerouting momentum owing to the Russian invasion in Ukraine affected aspartame cost. With slugging downstream demand, the manufacturers were obliged to reduce the production rate, which negatively impacted the prices of Aspartame and went down with an average decline of 2.97 % in USA CFR Houston.
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