Free Aspartame Prices Trend and Forecast New York
- Location: New York, New York, NY, United States
During the fourth quarter of 2022, Aspartame prices overall demonstrated weaker market sentiments. Though, at the start of October, the demand rebounded slightly compared to the previous quarter, which the market participants successfully fulfilled. However, the slowdown in China's manufacturing activities and the trading momentum due to strict covid restrictions affected its production momentum, which started to decline considerably following November. Furthermore, Chinese economic activity fell below expectations in November, as disruptions caused by COVID-related lockdowns continued to chip away at growth and worsened sentiment among manufacturers and traders. The prices fall sharply with the settlement of 14590/MT FOB Shanghai in China during November and continue to end the year 2022 with the same rate.
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