North American Market displayed consistent dwindling pricing sentiments for Sodium Citrate dihydrate throughout the final Quarter of 2022. With the start of the fourth quarter, market players continue to keep a close eye on numerous factors that have impacted the market of almost all the commodities, including Sodium Citrate Dihydrate throughout the year. Inflation remained very high in October 2022. In order to bring it somewhat down at a normal pace, many market vendors attempted to boost their sales by providing discounts to destock their stored-up inventories. Until the end of December, the Sodium Citrate Price remained weak, backed by a continued decline in the price of its upstream feed, Citric Acid. Prices fell from USD 1240 to USD 1165 MT CFR in Los Angeles in December due to this declining trend.
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