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The US Tartaric Acid market saw a downturn through mid-January due to weaker seasonal demand and a slight decrease in prices. After an active December of year-end buying activity, purchasing slowed for buyers in the beverages, baking, and construction industries, resulting in declining levels of spot trading activity. In addition, the decrease in freight rates from Asia further increased price pressure on Tartaric Acid by enabling lower landed costs for products coming from China, while still maintaining stable price levels for the ingredients used to manufacture Tartaric Acid, such as Maleic Anhydride. In California, domestic Tartaric Acid production at wineries has not had an appreciable impact on Tartaric Acid prices or supply chain partners, as they have continued to produce as normal but are not expected to be major drivers of price or volume in ****.
The Tartaric Acid...
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