Benzaldehyde Prices and Forecasts | Provided by Procurement Resource
Benzaldehyde prices in Asia initially declined in Q1, 2023, despite increased inquiries from the food and beverages industry. The upward trend was fueled by supply-demand imbalances and consumer purchasing. Q2 continued with rising prices due to higher raw material costs, but it faltered towards the quarter-end due to cheap imports and falling raw material prices. In Europe, Q1 saw fluctuating demand affecting benzaldehyde prices, while Q2 started positively with rising demand and depleting inventories. However, the latter half of Q2 mirrored Asia's decline due to cheap imports and falling feedstock costs. North America's Q1 trend improved in its second half and Q2, influenced by production and downstream industry momentum, but cheaper imports and lower raw material costs pushed prices down in May and June. Request for Real-Time Benzaldehyde Prices: https://www.procurementresource.com/resource-center/benzaldehyde-price-trends/pricerequest Definition Benzaldehyde is an aromat...