The market for Magnesium Sulphate has sustained its firmness, exhibiting a persistent upward trajectory in prices in April xxxx. It recorded a significant increase of xx.xx, reflecting a steady and gradual ascent driven by robust demand outpacing supply. The Magnesium Sulphate market experienced substantial demand from personal care product manufacturers driven by a thriving cosmetic sector. In late April, Beiersdorf exhibited strong performance in Qx xxxx, with surge in sales by x.xx. At the same time, the US and European pharmaceutical markets saw growth rates of xxx during Qx xxxx. Novartis reported a net sales increase of xxx year-on-year, totaling xx.xxx billion USD. At the same time, the market experienced inadequate availability of Magnesium Sulphate stocks, caused by the affected operating rates at manufacturing facilities primarily attributed to limited supplies of feedstocks.
The Magnesium Sulphate manufacturing rates were affected by inadequate availability of feedstock Magnesium and...
