Free Polysorbate Price Trend and Forecast New York
- Location: New York, New York, NY, United States
In the second quarter of 2022, the Polysorbate Price followed the uptrend in the North American region on the back of increasing feedstock sorbitol and oleic acid prices. With the feedstock prices and energy cost hikes, Polysorbate's market dynamics remained on the upper edge throughout the quarter. Temperature is continuously rising in the North American region, increasing energy demand in residential and industrial sectors. The pharmaceutical and cosmetics sector remained active in the second quarter governing Polysorbate prices. Furthermore, supply shortages occurred in the market as major supplying countries halted upstream production, leading to a price hike in the North American region.
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