The US government has initiated antidumping duty investigations on
imports of lemon juice from Argentina and Mexico, in response to an
industry petition that claims these imports are harmful to the
domestic lemon juice production.
The European Court of First Instance confirmed this week that
Jungbunzlauer (JBL) and Archer Daniels Midland Company (ADM)
engaged in an illegal citric acid price fixing cartel, and has as a
result upheld the original fines imposed.
The world's major citric acid producers have warned that unless
reasonable price increases can be successfully implemented this
year, the market will face further consolidation and potential
Gadot Biochemical Industries is on the lookout for new ingredients
in the health food sector, and has entered into a strategic
alliance with UTEK Corporation to identify and evaluate emerging
technologies from research institutes...
Energy costs and supply issues have contributed to price hikes for
popular beverage ingredient citric acid, with manufacturer Cargill
announcing a price increase for its citric acid and citrate
Energy costs and European supply issues herald price increases for
the popular beverage ingredient citric acid, with major
manufacturer Jungbunzlauer announcing a price hike for citric acid
and trisodium citrate.
Pricing pressure on the global market for citric acid has forced
DSM of the Netherlands to lay off staff at its Citrique Belge unit.
And there's no sign of a recovery in the market, says an
independent ingredients consultant,reports...