The demand for sodium diacetate remains very strong.
In recent weeks, however, there have been shortages in deliveries from China due to temporary closures of the manufacturing plants.
These measures were ordered by government agencies for environmental reasons. We are increasingly aware of such unpredictable actions in China and are therefore further expanding our stock levels in Hamburg in order to be able to deliver at all times.
In the coming weeks, further rising prices can be expected due to increased costs for basic raw materials.
The Chinese government is drastically tightening environmental regulations, forcing many producers to make substantial investments in the plants to fulfill tougher regulations, which in turn affects prices.
Taking into account the current market prices and the prospect of continued high demand for sodium diacetate, it is advisable to cover the medium-term demand.