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Polysorbate prices in India climbed sharply in April as a convergence of firm export offers, elevated logistics costs and sustained downstream buying tightened availability across the market. Early-to-late April saw the Shanghai鈥揓NPT freight index surge, lifting landed import parity and keeping imported volumes competitive despite thin domestic output. Tightness in ethoxylation-linked supply chains, driven by Chinese producers prioritizing higher-margin derivatives has constrained availability of key surfactant intermediates. This imbalance, combined with India鈥檚 heavy reliance on Chinese imports for organic chemicals and pharma inputs, continues to exert upward pressure and volatility on polysorbate pricing in the domestic market. Meanwhile, buyers displayed limited resistance to higher offers, polysorbate represents a small share of finished-dose cost for many formulators, and regulatory and festival-driven restocking amplified procurement activity.
Polysorbate demand strength was most evident in pharmaceutical-grade applications, where bulk purchases from vaccine formulators and three contract manufacturers ramping for immunisation drives...
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