The prices of Carnitine are expected to remain elevated globally through October, continuing the upward trend from the prior month. This increase is driven by strong demand from essential industries, compounded by ongoing supply chain challenges and tight inventory levels. As the fourth quarter gets underway, many businesses are focusing on restocking, which is adding further momentum to the rise in Carnitine prices.

In China, the Golden Week holiday in early October likely played a significant role in driving up Carnitine prices, primarily due to its effects on production and supply chains. During this national holiday, numerous businesses, especially in the nutraceutical and healthcare sectors, either shut down or operate at reduced capacity. This temporary halt led to decreased Carnitine production, resulting in a short-term supply crunch. Additionally, logistics operations slowed, causing distribution delays and further exacerbating supply chain disruptions. As the availability of Carnitine dwindled, market participants responded by increasing prices to reflect the scarcity, leading to a marked rise in prices during this time.

Carnitine prices in Western markets, including the U.S. and Europe, are feeling the impact of multiple converging factors. Low inventory levels across major regions, combined with growing shipment delays from China and extended lead times, have led to a tight supply environment. With stocks dwindling and access to new supplies constrained, this shortage is driving a notable upward pressure on prices.

Moreover, the persistent congestion at U.S. ports, worsened by labor strikes that began on October 1 at East Coast and Gulf Coast facilities, is adding further complexity to supply chains. These disruptions have caused significant delays in the distribution of Carnitine, intensifying the existing supply-demand imbalance and fueling price increases.

In India, the recent uptick in business activity in October, driven by stronger demand, could significantly influence the prices of Carnitine in the country. As businesses experience robust demand, they gain the flexibility to transfer rising input costs to consumers. This shift enables firms to increase prices, which could lead to an overall rise in the market for Carnitine.

According to ChemAnalyst, Carnitine prices are expected to keep climbing, fueled by steady demand from primary end-use sectors. The usual uptick in shipments during the fourth quarter, as companies prepare for both winter holidays and the upcoming Chinese New Year, is likely to sustain pressure on container freight, potentially limiting any reductions in freight costs. This seasonal demand surge could bolster Carnitine prices, as businesses anticipate higher consumption levels and prepare for potential supply chain disruptions.