Citric Acid Market Weekly Report (April 17-24, 2025)

Citric acid price analysis
This week, the citric acid market price continued to run steadily, and the market maintained a cautious attitude and maintained just-in-time replenishment. As of Thursday this week, the mainstream transaction price of food-grade monohydrate citric acid in the market was 4900-5100 yuan/ton, and the reference price of food-grade anhydrous citric acid was 5100-5400 yuan/ton.

Related product analysis
Corn market analysis
This week, corn prices rose slightly. As of April 24, the national weekly average price of corn was 2263 yuan/ton, an increase of 5 yuan/ton from last week. From a regional perspective, the price of corn in Northeast China is firm. Although the corn in the production area is not selling fast, the mentality of traders is relatively stable, and the intention to ship at a low price is general. The price of corn in North China rose first and then stabilized, and the price center of gravity moved up. At the beginning of the week, traders shipped less, and the arrival volume at the deep processing gate decreased, and the deep processing raised the price for purchase. At present, traders still adopt the strategy of shipping at high prices. The market price in the sales area is stable and strong. Futures performance has been positive recently, and traders in the production area have a strong mentality to support prices, and port traders have raised their quotations.

Citric acid market outlook
Market prices have been basically stable this week. Enterprises are mainly digesting previous inventories. From the supply side, enterprises adjust production according to demand, and the supply of goods is relatively sufficient. From the perspective of downstream consumption, downstream manufacturers have small demand, and the price adjustment of citric acid production enterprises poses risks to traders' purchases. Traders maintain low inventories on demand. As an export-oriented industry, citric acid's subsequent price changes will also focus on the signing of foreign trade orders. It is expected that the citric acid market will be mainly stable next week.