Procurement Resource

  In the first quarter of 2023, the price trend of sodium citrate in Asia enjoyed an upward trajectory, driven by a significant rise in domestic and international inquiries that boosted sales and prices. Some producers had to increase their production rates to meet the growing demand, preventing shortages. Request for Real-Time Sodium Citrate Prices: https://www.procurementresource.com/resource-center/sodium-citrate-price-trends/pricerequest However, the second quarter followed a bearish trend as trading activities in the food and pharmaceutical sectors gradually declined, reflecting reduced demand for sodium citrate. Export orders from China also decreased due to weak economic activity, contributing to the price decline. Similarly, in Europe, the first quarter saw a steep price increase due to increased consumer interest and limited stock availability, but the second quarter witnessed a gradual decline, influenced by poor performance in the citric acid sector and reduced demand fr...