US Acesulfame Potassium Prices Show a Bearish Trend Throughout Q2-2023

Acesulfame Potassium price continues to decline in the United States, and it decreased by approximately 10% in May 2023, which is the lowest level since the start of 2023, and it is expected to drop further in the month of June. The reasons behind the Acesulfame Potassium price decrease are lower domestic demand, geopolitical tensions, and increasing supplies. The market analyst suggests that the primary reason behind the consistent price decrease was a result of trade disruptions between the US and China, one of the major exporters, and weak market sentiments.

In recent months, demand for Acesulfame Potassium has diminished as consumers have switched to other Artificial Sweeteners, another reason for the decline in prices within the domestic market. Some manufacturers, suppliers, and industry professionals have reduced Acesulfame Potassium prices to clear inventory.

As in the US, the Acesulfame Potassium price continued declining because supply has risen in recent months. Owing to this, the manufacturers have significantly reduced their domestic market prices to destock their surging stockpiles. This has resulted in a decrease in the prices of a variety of pharmaceutical excipients and end products, such as Acesulfame Potassium, across the region. Traders and suppliers also had to reduce their newer quotations and the price of their accumulated stocks of Acesulfame Potassium in order to balance out their profit margins. Trade tensions between the US and China are also another factor affecting the market sentiments of Acesulfame Potassium.

A trade war between the US and China has been ongoing for more than two years. Both countries have imposed duties on billions of dollars worth of goods during the trade war. The trade war has had a negative effect on the economies of both countries. While it is likely that a new bilateral trade agreement will be concluded in the near future, the current state of relations is likely to continue to suffer from the consequences of the war.—both countries-imposed duties on goods worth billions of dollars during this trade war. The duties on Chinese goods made them more expensive for US buyers and decreased the demand for Chinese goods, which led to a decrease in Chinese exports. This reduced the importing activity in the United States, leading to a global economic slowdown.

As per the ChemAnalyst anticipation, " a moderate increase in the price of Acesulfame Potassium is expected in approaching months. Market participants may have sufficient stockpiles to succeed any immediate orders within the international market."