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

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Lauric Acid Prices In India


Adani Wilmar , the leading producer of Lauric acid, has experienced notable fluctuations in its price within the Ahmedabad market over the past month. Despite periods of stability lasting for 4-5 days, the price has shown a tendency to fluctuate thereafter. Lauric acid, widely utilized as a key ingredient in the manufacturing of soaps and shampoos, relies on palm oil as its primary raw material. Interestingly, the price of palm oil has remained relatively steady over the same period, experiencing minimal fluctuations.This dynamic market landscape coincides with a burgeoning demand for Lauric acid within the textile industry, where it serves as a crucial processing agent and lubricant. Such demand trends are anticipated to propel the global Lauric acid market forward in the years to come, with analysts projecting a robust compound annual growth rate (CAGR) of 12% from 2022 to 2030.

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Last Update : 16 February 2024 1:21 PM
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Item  Owner  : Indianpetrochem
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