Sales summary of Succinic acid CAS 110-15-6 and price prediction by TNJ Chemical
In 2020, in the face of the severe COVID-19 epidemic and the downward pressure on the domestic and foreign economies, TNJ Chemical withstood the pressure, and sales of Succinic Acid CAS 110-15-6 and succinic anhydride CAS 108-30-5 products increased by 30%, achieving sales of 2,200 tons, most of which are exported. the Lord. Succinic acid and succinic anhydride are the main products of our company. Since the company started production in 2005, the quality has been stable, and the high-grade products can meet the pharmaceutical-grade standards. The company's products are welcomed by customers at home and abroad.
In early 2021, affected by the epidemic, the prices of chemical raw materials soared, and the prices of some products rose by 100%, which undoubtedly increased the price of succinic acid a lot. In order to control the impact of price increases as much as possible, as top of China Succinic acid supplier factory, TNJ Chemical carries out strategic inventory of raw materials for succinic acid to cushion the impact of price increases. In the next few months, we will continue to wait and see and adjust prices in due course according to market conditions.
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