Hamburg, (Germany): Throughout March xxxx, the prices of Fatty Alcohol have remained high in the European market. The increasing prices of upstream Palm Oil amid constrained production in key manufacturing nations, Indonesia and Malaysia, have led to higher manufacturing costs for downstream derivatives, including Fatty Alcohol. Additionally, elevated interest rates, labor disputes, and growth concerns in Germany&#xx;s industrial landscape have been raising questions about the nation&#xx;s economic future. Strikes and economic uncertainty are casting a shadow over the outlook, with broader implications for Germany&#xx;s economy, pressuring market sentiments for Fatty Alcohol.
The ChemAnalyst database has shown that the prices of Fatty Alcohol increased by USD xx per ton in the week ending April xth, xxxx as compared to the previous week. Along with rising upstream Palm Oil prices, the reduced operating rates of Fatty Alcohol manufacturing firms have also exerted supply-side pressure on the market fundamentals of...
