In May xxxx, the Erucic Acid prices remained stable in Europe due to balanced demand and supply dynamics. Production was impacted by the constrained availability of rapeseed oil, and supply challenges were exacerbated by disruptions in trade and shipping, including port delays.
Meanwhile, demand was firm from biodiesel producers amid market uncertainties related to US trade policies, while cosmetics industry consumption was moderate, with Erucic Acid valued for enhancing formulation stability. Prices are expected to decline in the second half of xxxx due to a fall in Erucic Acid demand from the cosmetics sector during summer and a decrease in production costs due to an increase in EU rapeseed harvest.
Erucic Acid production rates remained moderate in the region due to the limited availability of feedstock rapeseed oil in the market. Crushing rates were low amid firm raw material...
