Lauric Acid Prices In India (Business Opportunities - Marketing & Sales)

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Lauric Acid Prices In India


Adani Wilmar, a key player in the production of lauric acid, has witnessed notable fluctuations in prices within the Delhi market over the past month. Despite a brief period of stability lasting 4-5 days, prices have resumed their volatility thereafter. Lauric acid, a crucial component in the manufacturing of soaps and shampoos, relies heavily on palm oil as its primary raw material. Intriguingly, palm oil prices have maintained a relatively steady course with minimal fluctuations during this timeframe there has been a consistent decline in lauric acid prices in the Delhi market, positively impacting the global lauric acid market. Analysts have projected a robust compound annual growth rate (CAGR) of 12% from 2022 to 2030.

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Last Update : Mar 08, 2024 12:18 AM
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Item  Owner  : Indianpetrochem
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2024-04-27 (0.384 sec)