Adani Wilmar's Oleic Acid 75% price decline in Delhi Market – 21 Aug 2024

After a prolonged period of stability, the price of oleic acid 75%, produced by Adani Wilmar, has seen a decrease in the Delhi market. On August 21, 2024, the rate of the commodity declined by Re.1/kg, moving down from Rs.138/kg to Rs.137/kg. This change marks a significant adjustment following the steady pricing trend observed over the past few days.

Oleic acid 75% is an essential product used across various industries, including cosmetics, food processing, and manufacturing. Adani Wilmar, a major supplier of this chemical, has maintained consistent quality, making it a preferred choice in the market. The recent price decrease to Rs. 137/kg could impact businesses that rely on this ingredient, potentially affecting their cost structures.