Stephenthomas25 Dec, 2024Business
In June 2024, dipotassium EDTA prices in India surged to 2940 USD/MT. This increase was driven by a combination of factors, including robust demand across various industries and rising production costs, particularly due to higher energy expenses. The seasonal demand for power during the peak summer months further contributed to elevated manufacturing prices. Additionally, a weaker Indian Rupee against the US dollar exacerbated import costs, putting further upward pressure on prices. These factors collectively led to substantial price hikes in the region.
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