Nucleotides are widely used in the food industry as flavor enhancers in processed foods, snacks, and seasonings. They also play a crucial role in the pharmaceutical and biotechnology sectors, where they are essential for drug development, gene therapy, diagnostics, and vaccines. Additionally, nucleotides support livestock growth and health when used in animal feed, while their antioxidant properties make them valuable in cosmetic formulations. Due to their diverse applications, demand for nucleotides has remained strong across various industries.
In H2'24, the nucleotide price curve remained largely stable and rangebound, with minimal fluctuations. The market experienced a steady start, supported by consistent demand from both the food and pharmaceutical sectors. Prices were further influenced by logistical challenges, including transportation delays. However, apart from these temporary disruptions, the nucleotide price trend remained stable with largely sustained parity between the supply and demand outlooks.