Polymer Capacity Competes for the Same Fermentation Output
Polylactic acid manufacture consumes lactic acid from the same fermentation plants that supply lactate salts, and polymer capacity expansion has pulled roughly 37% of available output toward it. That competition is invisible to a food processor buying salt and entirely visible to the producer allocating acid between two very different customers. Salt buyers who assumed availability was settled have discovered otherwise during tight periods. Contracting acid supply matters more now than it did a decade ago. Contracting acid supply now matters more than any commercial relationship a salt buyer has with a producer.
Market Impact: Declaration earns a 28% premium








