Choline Chloride Pricing Trend and Forecast

The Choline Chloride Pricing showcased mixed sentiments during the third quarter of 2022 in the North American region. The Choline Chloride prices in the United States declined till August and regained their upward momentum in September. The reason behind an overall decrease of 4.2% till August was reducing demand from the downstream food and pharmaceutical industries amidst weak purchasing activities and overflowing stocks. By the termination of the third quarter, the Choline Chloride market started to improve slightly with a 3.6% increment in prices owing to its surging demand and limited inventories in end-user ventures. Furthermore, the fluctuation in energy values and freight charges also led to the instability in the price of Choline Chloride. The CFR prices for Choline Chloride were assessed at USD 1420/MT in the United States at the end of the quarter.

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