The price increase of sodium alginate and the root cause of the price increase

Many customers have telephoned Qingdao Nanshan Biotechnology Co., Ltd., saying that the price of sodium alginate has risen so much at once. In fact, this is a problem of upgrading raw materials in the whole industry. In order to maintain their own survival and market share, domestic sodium alginate manufacturers have to raise the price of sodium alginate and maintain the market supply. Today, I will share with you the root causes of the price increase and price increase.

　　　　The main raw material for producing sodium alginate is kelp, which accounts for 70% of its production cost. So why is the price increase of kelp so large this year? There are four reasons.

　　First, the production of kelp is reduced, the supply is in short supply, the scarcity of things is expensive, and the cost is increased.

　　Second, the price of kelp seedlings has increased. Due to the strong wind some time ago, many kelp seedlings cultivated in some farms have been blown off by the wind, resulting in great losses. The reason for the price increase of kelp seedlings is not only the small quantity, but also the variety improvement. Good new varieties of kelp force prices to rise.

　　Third, the number of kelp primary processing manufacturers has increased, and the number of manufacturers producing kelp buttons and kelp dishes has increased, which has increased the use of kelp and also boosted the cost of kelp.

　　Fourth, in recent years, the price of abalone has risen, which has led to an increase in abalone farmers. Breeding abalone needs a lot of kelp. Abalone not only eats kelp, but also eats a lot. It takes 1-3 days to replace kelp, so the demand for kelp naturally increases, which drives the price of kelp to rise.

　　2. The prices of other raw materials also increased slightly, such as soda ash, hydrochloric acid and calcium chloride.

　　3. The rising price of refined oil leads to the increase of transportation cost. The increase of personnel salary leads to the increase of labor cost, which also increases the production cost of sodium alginate.