The Tallow Fatty Acid market in the Asia-Pacific region especially in China saw a clear price drop in May xxxx. The decline in Tallow Fatty Acid prices was mainly caused by weak demand, growing inventories, and cautious buying behaviour across the region. The personal care segment a major consumer of Tallow Fatty Acid continued to face tough challenges leading to reduced offtake and a bearish market sentiment. This situation forced sellers to lower their prices to stay competitive in a sluggish market environment.
Export demand for Tallow Fatty Acid was also weak in May. Key export destinations like India, Indonesia and the USA showed reduced interest in buying, mainly due to regional economic slowdowns. Ongoing global trade issues and the impact of increased tariffs further disrupted shipping and purchasing patterns. As international demand for Tallow Fatty Acid remained soft suppliers in...
