Erucic Acid Prices Climb amid Demand Surge and Supply Constraints

In Europe, Erucic Acid prices increased during June xxxx, driven by steady demand from the biodiesel, lubricants, and personal care sectors. Production remained moderate despite improved rapeseed oil availability, with supply affected by labor shortages, and strikes at key ports. Looking ahead to early Qx, prices are expected to climb further as tight supply conditions persist and seasonal demand from the paint and coatings industry picks up. Distributors are also likely to raise prices to manage rising costs.

The demand for Erucic Acid remained strong from key downstream industries. The market shift toward bio-based and synthetic formulations led to increased orders from the lubricants and greases sector.

Erucic Acid is widely used because of its excellent lubricating properties, thermal stability, and biodegradability, making it ideal for food-grade and specialty lubricants. Many manufacturers have started using Erucic Acid-derived esters to meet new safety and...