Get the latest insights on price movement and trend analysis of Dextrose Monohydrate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Dextrose Monohydrate Price Trend for the First Half of 2023
Dextrose Monohydrate prices fluctuated throughout the first half of 2023. Prices mostly inclined in the first quarter, whereas a declining price pattern was noticed for the second quarter. Prices mostly varied with the fluctuations in the downstream demands from the sweetening and food industries. As the demands initially rose in China because of the Lunar New Year, the prices inclined, but as the stocks started piling up in inventories, the price trends started falling in the second quarter. Overall, mixed price trends were observed.
In the European Dextrose Monohydrate market, the demands were fairly stable, so it didn’t have much impact on the prices; instead, it was the upstream costs and the production costs that determined the market behavior here. The upstream costs began to stabilize since the energy costs subsided, and the Black Sea Treaty between Russia, Ukraine, and the United Nations gave the market access to feedstock corn and other grains from Ukraine. So, the increased availability of feedstock supplies led to declining price trends. Also, new trade routes were defined, and the freight medium improved, decreasing the shipment costs. Overall, the Dextrose Monohydrate prices wavered at the lower end during H1 2023.
The American Dextrose Monohydrate market was influenced by inventory stocks. As the year began with high stocks, the prices were low for most of Q1 as suppliers were trying to vacate the inventories. But as the stocks cleared up by the beginning of Q2, the prices again started inclining. Overall, mixed price trends were observed.
According to Procurement Resource, the Dextrose Monohydrate market is expected to continue fluctuating, driven by uncertain market demands and volatile upstream costs.
Dextrose Monohydrate Price Trend for the Second Half of 2022
The price trends for Dextrose Monohydrate directly mimicked that of its feedstock corn starch, glucose, and raw sugars. Corn starch prices in H2 2022 remained on a downhill trajectory in the Asian market. After the upstream costs relaxed in later H1, the prices remained wavering on the lower end. Production costs for dextrose monohydrate declined and consumer demand also didn’t pick pace. So low costs along with low demands kept the dextrose monohydrate price trends low hanging in H2 2022.
As the upstream costs decreased and freight congestion cleared, the price trends for dextrose monohydrate registered a downward trajectory in the third quarter. But surprisingly the demands increased rapidly in Q4. As inventories had cleared out and demands increased, the prices showed an upward inclination in December’22.
Dextrose Monohydrate prices in the North American market observed very mixed price trends. Prices fluctuated with the market demands and feedstock prices. Q3 witnessed a decline in the prices owing to strong supply and stabilized upstream cost pressure. However, the market demands saw a rise in the last quarter causing the pricing fundamentals to incline again.
According to Procurement Resource, the prices of dextrose monohydrate are likely to remain oscillating in the coming quarter given the current market dynamics. The fluctuating demand amid rising inflation, baulking of consumers, and contracting purchasing power will be the major determining factors for the market trends.
Dextrose Monohydrate Price Trend For the First Half of 2022
During the first quarter, the prices of dextrose monohydrate remained strong owing to the high prices of feedstock like raw sugars, corn starch and glucose. The high prices were due to the robust demand from downstream ethanol and biodiesel industries, affecting the price trends for dextrose monohydrate. The feedstock corn and corn starch price averaged 365.23 USD/MT and 3424 RMB/MT, respectively. However, the prices stabilized and plateaued during the second quarter as the upstream production costs relaxed.
The European domestic market closely followed its Asian counterpart. The prices increased in the first quarter owing to downstream solid demand and supply shortages. However, the prices stabilized in the second quarter as more imports from the sugar-producing nations caused stockpiling of inventories in the market.
In the US domestic market, the prices surged owing to the raised prices of feedstock corn and glucose. The cost of corn starch averaged $0.65-0.59/kg or $629.94/ton in New York and Washington. The price of glucose syrup averaged 948.20 USD/MT. The price trends of dextrose monohydrate remained firm during the said period averaging 867.63 USD/MT.
Procurement Resource provides latest prices of Dextrose Monohydrate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Dextrose Monohydrate is basically known as the monohydrate form of D-glucose, a natural monosaccharide and carbohydrate. Dextrose plays a huge role in replenishing lost nutrients and electrolytes. It is widely used as a filler/binder as it provides nutrient benefits and is a rich source of carbohydrate. It is a key excipient and provides metabolic energy and serves as the main ingredient in oral rehydration salts (ORS). It is also utilised in intravenous (IV) fluids to provide nutrients to patients under intensive care or ICU.
|Product Name||Dextrose Monohydrate|
|Industrial Uses||Nutritive sweetener, Humectant, Swallowable and Chewable tablets, Stabiliser and a carrier, Effervescent tablets, ORS, Medicated Confectionary, Baked Goods, Candies and Gums|
|Synonyms||77938-63-7, D-Glucose monohydrate, D- (+)-Glucose monohydrate|
|Molecular Weight||198.17 g/mol|
|Supplier Database||Cargill, Incorporated, Roquette Frères SA, Tereos SA, Australian Food Ingredient Suppliers Pty Ltd (AFIS)|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Corn starch undergoes hydrolysis process, where the complex molecules of corn starch are converted or broken into simpler molecules for the production of Dextrose Monohydrate.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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