Itaconic Acid Price Trend

Itaconix PLC is a leading company that manufactures polymers from itaconic acid. The company announced that trading in the first three months of 2022 was significantly ahead of the same time in 2021, causing the stock to rise by as much as 13%. The company, which manufactures plant-based specialty polymers for use in consumer goods, confirmed that trading in the first quarter supported current market estimates for FY2022. It has witnessed growth from three new North American brands that had launched in the second part of 2021, as well as recurrent orders from existing significant North American companies. The third quarter will see the launch of a new North American brand, with others to follow by the end of 2022.

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Procurement Resource provides latest prices of Itaconic Acid. 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.

Chart Description:

Procurement Resource provides prices of Itaconic Acid for several regions around the globe, which are as follows:

North America
South America
Europe
Asia Pacific
Middle East
Africa

About Itaconic Acid:

Itaconic acid, also known as methylidene-succinic acid, is an organic acid. This dicarboxylic acid is a white solid that is water, ethanol, and acetone soluble. Itaconic acid was usually made by the distillation of citric acid, but it is now generated by the process of fermentation.

Chemical formula:

C5H6O4

Synonyms:

Methylidenebutanedioic acid
2-Methylenesuccinic acid
Methylenesuccinic acid
1-Propene-2-3-dicarboxylic acid

Molecular Weight:

130.099 g·mol−1

Industrial Uses:

Adhesives and sealant chemicals
Agricultural chemicals (non-pesticidal)
Intermediates
Paint additives and coating additives
Plasticizers

Production Processes:

Production of Itaconic Acid from Citric Acid; via Fermentation of Glucose

Citric acid cycle intermediate cis-aconitate, which is created from citric acid, produces itaconic acid. Itaconic acid can be made from sugars like glucose since it is linked to the citric acid cycle.

Supplier Database:

Itaconix Corporation
Qingdao Langyatai
Zhejiang Guoguang
Alpha Chemika
Shandong Kaison
Jinan Huaming
Iwata Chemical

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Methodology:

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).

Procurement Resource also provides the detailed production cost analysis of Itaconic Acid See more