Gelatin Prices Trend and Forecast

In North America, the prices surged around 4.2% for Gelatin (BS-150) and 4.8% for Gelatin (BS-220) due to favorable sentiments in the regional market during the third quarter of 2022. However, the insufficient product availability in the USA because of inadequate supply from China caused USA's buyers to import Gelatin at an inflated price from Brazil, prompting the price rise. Since China is a significant exporter of Gelatin to the USA, the shutdown of a few production units for maintenance caused a low output, hindered supplies, and disrupted trading activities of the products. Therefore, by the end of the quarter, the CFR Houston Gelatin Price (BS-150) and Gelatin (BS-220) settled at USD 7525/MT and USD 8890/MT in September 2022, respectively.

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