After April 5th, the price of corns in the Shandong Area stops falling and starts to rise strongly. As of Friday, the purchasing price of corns for a citric acid manufacturer in Weifang rose to 2970 yuan per metric ton; compared to the same period last week 2840 yuan/MT, there is a rise of 130 yuan/MT. According to the production cost of citric acid, the cost has risen 221 yuan per ton, so the cost of raw materials has increased significantly. Based on this, will the citric acid rise as well? Foodchem made research on several manufacturers, and the result comes out as below.
In the rapidly changing market, many of our products finished the achievements and breakthroughs from 0 to 300 MT, from 300 MT to 1000 MT, even from 1000 MT to 10,000 MT. For example, Pectin, Agar agar, Ascorbic Acid, PSG, VWG, and Citric Acid, etc. Such a great accommplishment depends on the strong supports of our supplier partners.