Procurement Resource

  During the initial six months of 2023, potassium sorbate prices encountered a significant decrease globally. In Asia, the decline was attributed to diminished demand in sectors such as food and pharmaceuticals, compounded by low costs of raw materials. Europe experienced a parallel trend marked by weak consumer demand, rising inventories, and market instability, culminating in a notable drop in June. In North America, a combination of declining domestic orders, increased inventory levels, reduced trade activities, and lower freight charges collectively contributed to the downward trajectory of potassium sorbate prices. These combined factors created a challenging market environment, influencing the overall pricing dynamics of potassium sorbate. Request Free Sample -   https://www.procurementresource.com/resource-center/potassium-sorbate-price-trends/pricerequest Definition Potassium sorbate is a chemical compound used as a preservative. It inhibits microbial growth, extendin...