Entering March, Fatty Alcohol prices have seen an increase of x.xx in Malaysia, following the stable to softer trend observed since late February. As for India, the pricing trend follows the same trajectory, with Fatty Alcohol Cxx-xx Ex-Mumbai prices rising by x.xx.
According to market participants, producers have opened the month with a round of marked price increases due to supply constraints, rising costs as well as producers’ intention to boost their margins after several months of price erosion. Buyer demand in the Fatty Alcohol market remained steady, as participants sought to secure volumes amidst growing concerns over future supply limitations. Market players explained that these price increases were necessary to compensate for the rising costs of raw materials including Palm Oil that happened in February, but these effects weren’t fully felt until February. This cost inflation bolstered producer confidence, encouraging heightened operational activity despite the...
