As December began, Fatty Alcohol prices increased modestly in Malaysia, with Germany observing a similar upward trend in prices.
Fatty Alcohol Cxx-Cxx FOB Johor prices saw a slight increase of x.xx in the first week of December, a much smaller rise compared to the x.xx surge observed in the preceding week. The rise in palm oil futures, driven by supply concerns in Malaysia and policy changes such as Bxx in Indonesia created upward momentum for Fatty Alcohol prices. However, the bullish trend in palm oil prices has made fatty alcohol expensive for international buyers making them more hesitant to buy Fatty Alcohol at this price point. This supply imbalance has limited the expected rise in Fatty Alcohol prices. As a result, Fatty Alcohol Cxx-Cxx FOB Johor prices settled at USD xxxx/MT for the week ending December xth.
One major factor influencing palm oil prices was the...
