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Jungbunzlauer and DSM raise prices for citric acid


With immediate effect, the Swiss-based firm said prices for these products would increase by a minimum of 10 per cent.
Citric acid is one of the most widely used food acids by today's food and beverage industry, with over 70 per cent of the world's 1.5 million ton market propelled by this sector.
As reason argues Jungbunzlauer the strongest increase stems from energy and energy related costs. They also affect raw materials, packaging and chemicals and additionally have an important impact on freight rates. According our opinion European producers are using the chance, caused by Anti-dumping of Chinese citric acid, to make as much as possible profit.
The move follows hot on the heels of DSM that last month announced a 15 per cent price increase for all its citric acid products.