Hamburg, Germany: The Fatty Alcohol prices have been demonstrating an upward trend in the regional market for the past few weeks. Global palm oil output plateauing and expanded biodiesel mandates have been restricting the availability of Palm Oil this year. Additionally, for the past few quarters, manufacturing firms have been operating at reduced rates in the wake of challenging economic conditions across the German market. As a result of low operating rates, manufacturing firms have faced increased supply-side pressures due to limited availability of finished goods.
The ChemAnalyst database has shown that the prices of fatty Alcohol have witnessed an increment of USD xx/MT in the week ending xxnd March compared to the prices observed at the start of this month. Market sources attribute the rise in prices to the increase in upstream Palm Oil costs. Malaysian palm oil futures continued to climb, driven by higher crude...
