Lactic acid cost in the U.S. is anticipated to experience an increase by late April xxxx. The expected rise is mainly due to growing Lactic acid demand in downstream sectors, as purchasers ramp up purchases due to seasonal changes and ongoing consumption from end-use industries
The rise in market demand is especially strong within the cosmetics and personal care field. Lactic acid functions as both a moisturizer and a keratolytic agent in many skincare products. The upcoming summer season triggers market interest for moisturizing and exfoliating goods so producers experience enhanced purchasing activity. Market actors will attempt to increase Lactic acid prices because of elevated marketplace demand, with market prices expected to settle at USD xxxx CFR Los Angeles
Also, the food industry continues to generate high demand for Lactic acid. It works as a preservative and acidity controller in...
