Hamburg (Germany): The prices of Fatty Alcohol have been rising across the regional market. Market sources highlight a notable increase in demand from the downstream Personal Care industries in Asia, driving this upward price trend. The surge in demand has exerted substantial pressure on Fatty Alcohol prices, propelling them higher. Adding to this trend, the recent spikes in Palm Oil prices have further intensified manufacturing costs for Fatty Alcohol, contributing to the sustained buoyancy in prices. However, in contrast to this, European markets are facing challenges with soaring Fatty Alcohol prices. This increase is attributed to a combination of inflationary pressures and low operational rates in the region, creating a challenging environment for buyers and industries dependent on Fatty Alcohol.
The ChemAnalyst database has shown that the prices of Fatty Alcohol have demonstrated an inclination of USD xx per ton in the domestic market of China in...
