The international Sorbitan monostearate market witnesses historic price increases this month, and the move rocks several industries relying on this important emulsifier. The prices of Sorbitan monostearate rose by a huge margin from the end of March, representing the highest monthly growth in five years.
The price rise impacts different sectors that rely on Sorbitan monostearate, such as food manufacturing, pharma, cosmetics, and industrial production. It is an essential component in many everyday items and plays the role of a stabilizer that inhibits separation in mixtures of both oil and water. The prices of Sorbitan monostearate in the Indian market is likely to be settled at USD xxxx/MT EX- Nagpur in the month of April.
Food companies suffer the most due to this hike since it is a key component in the manufacture of ice creams, bakery products, and...
