Restricted stearic acid supply from Godrej triggers price increase in India

 The price of cosmetic grade stearic acid is at all time high within six month period in New Delhi market, where the chemical sells at around Rs. 102-104 per kg . Supply disruptions from Godrej manufacturing facility in Mumbai is cited to be the main reason for the spike in price. In the interim, the demand for stearic acid has been inelastic to the upswing in prices due to strong cyclical demand from end user industries.

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