For the Quarter Ending June 2024
North America
In Q2 2024, the market for Ethoxylated Tridecyl Alcohol in North America demonstrated a mixed pricing environment, influenced by a confluence of market dynamics. The quarter experienced moderate demand from the downstream Personal Care industries, ensuring no significant price fluctuations. The Federal Reserve's decision to maintain high interest rates to control inflation subdued extensive capital investments, thereby impacting the demand for manufactured goods, including Ethoxylated Tridecyl Alcohol.
Focusing on the USA, where the most notable price changes occurred, the overall trend for Ethoxylated Tridecyl Alcohol remained relatively stable. The market did not witness significant seasonal variations, and supply levels were adequate to meet the moderate demand. The correlation in price changes reflected the broader economic conditions, with manufacturing activities slightly pressured due to high borrowing costs. Disruptions were minimal, with no major reported plant shutdowns affecting supply chains during this period.
Compared to the previous quarter in 2024, prices saw a conservative rise of approximately 2%, reflecting a stable yet slightly positive sentiment. The price differentiation between the first and second halves of the quarter was negligible, maintaining a consistent trajectory. The quarter culminated with the price of Ethoxylated Tridecyl Alcohol recorded at USD 2530/MT FOB Illinois, USA, underscoring a stable pricing environment throughout Q2.
APAC
In Q2 2024, the pricing environment for Ethoxylated Tridecyl Alcohol in the APAC region has shown a consistent upward trend, driven primarily by increasing demand from sectors such as personal care and the impacts of upstream cost factors. Elevated production costs, particularly influenced by rising crude palm oil prices and heightened geopolitical tensions impacting crude oil, have served as substantial catalysts in pushing market prices higher. The manufacturing firms have been diligently operating at optimal rates to meet the robust market demand, while supply-side disruptions such as limited availability of finished goods and seasonally high procurement have further accentuated price increments.
Focusing on India, the country has experienced the most significant price changes within the region, reflecting an overall bullish market sentiment. The personal care sector's vigorous demand and strategic response from manufacturers to capitalize on this trend have led to an increase in Ethoxylated Tridecyl Alcohol prices. Seasonal factors, coupled with a substantial rise in new export orders and a favorable macroeconomic environment marked by easing inflationary pressures, have bolstered this upward movement.
Compared to the same quarter last year, the market has demonstrated a marked positive shift. The latest quarter-ending price for Ethoxylated Tridecyl Alcohol Ex-Bharuch in India is USD 174000/MT, underscoring the persistent positive sentiment and consistent price escalation throughout the quarter. This period has seen no significant disruptions or plant shutdowns, ensuring stable operations and continuous supply to meet the burgeoning demand.
Europe
In the second quarter of 2024, the Ethoxylated Tridecyl Alcohol market faced a complex set of market dynamics. Limited demand from key downstream industries, particularly in personal care and cleaning products, shaped the market sentiment. The slow recovery of the personal care sector, along with subdued economic activity, kept demand for Ethoxylated Tridecyl Alcohol lower than expected.
Production costs were also impacted by heightened wage demands and tight labor conditions domestically, putting additional pressure on manufacturers. The escalating crude oil prices, driven by OPEC+'s decision to cut production, further challenged the market. This increase in crude oil prices raised the cost of ethylene oxide, a crucial input for Ethoxylated Tridecyl Alcohol, thereby pushing up production costs.
Monetary tightening across Europe exacerbated the situation by curbing economic activity and reducing purchasing power, which further dampened demand. Despite these challenges, the availability of upstream raw materials, including Tridecyl Alcohol, was sufficient to meet the subdued demand from downstream industries. However, the operating rates of downstream manufacturing firms did not return to their pre-pandemic levels, contributing to the overall weak demand. In summary, the second quarter of 2024 for Ethoxylated Tridecyl Alcohol was marked by limited demand, increased production costs, and economic challenges, leading to a challenging market environment.
For the Quarter Ending March 2024
North America
In Q1 2024, the pricing dynamics of Ethoxylated Tridecyl Alcohol in the North America region, specifically the USA, were influenced by various factors beyond the conventional top three. The overall trend for the quarter was a slight increase in prices, driven by factors such as reduced market operations during the winter season, limited availability of finished goods, and improved inquiries from downstream industries, particularly Personal Care.
Additionally, the increase in upstream Ethylene Oxide prices and the decline in U.S. crude oil inventories supported the upward shift in price realizations. However, the market also faced challenges, including the impact of the ongoing destocking season and the cautious approach of manufacturers in the wake of tepid demand and lower operating rates. Additionally, increasing palm oil prices, a key upstream component, have supported consecutive price rises of Ethoxylated Tridecyl Alcohol. As a result, Manufacturers have maintained high prices to preserve profit margins amid active downstream demand, bullish upstream prices, and limited stock availability.
Overall, the pricing trend of Ethoxylated Tridecyl Alcohol in Q1 2024 showed a year-over-year increase compared to the same quarter last year, and a slight increase compared to the last quarter of 2023. The final quarter's price for Ethoxylated Tridecyl Alcohol FOB Illinois in the USA stood at USD 2490/MT.
APAC
The pricing environment for Ethoxylated Tridecyl Alcohol in the APAC region during Q1 2024 has been relatively stable, with some fluctuations observed in India. the prices of Ethoxylated Tridecyl Alcohol have demonstrated an upward stable trend in the domestic market of India.
In general, the demand for Ethoxylated Tridecyl Alcohol has been moderate in the APAC region, with fluctuations in the downstream Personal Care industries playing a significant role. Moreover, in Indonesia and Malaysia, which supply about 85% of global palm oil, upstream crude palm oil premiums have risen, leading to negative margins for palm oil refiners. This recent rally is driven by production constraints and increased demand, compensating for Red Sea shipment delays.
The inquiries from the downstream Personal Care industries have remained active, supporting the bullish market sentiments in the domestic market of India in Q1. On the supply side, the manufacturing firms were also operating at regular rates to meet the demand from the terminal industries, leading to stabilized market operations. As of the end of Q1 2024, the price of Ethoxylated Tridecyl Alcohol in India was recorded at USD 1954/MT Ex-Bharuch.
Europe
The Ethoxylated Tridecyl Alcohol market in Europe experienced a mixed pricing environment in Q1 2024. Overall, prices remained relatively stable, with minimal changes observed. Several factors influenced market prices during this quarter. Firstly, the demand from the downstream Personal Care industries remained subdued, leading to weak market sentiments.
On the supply side, the operating rates of Ethoxylated Tridecyl Alcohol manufacturing firms were under pressure due to tepid demand from the terminal industries. Some companies even initiated scheduled maintenance during this period to alleviate inventory pressure. However, the availability of Ethoxylated Tridecyl Alcohol remained adequate to meet demand. This, coupled with abundant gas inventory levels, eased supply concerns and lowered European gas prices. According to insights shared by regional manufacturers, palm oil has been traded at a premium in Europe due to higher freight costs, making it even more expensive for European buyers, due to shipping disruptions in the Red Sea caused by geopolitical tensions.
In terms of price trends, Germany experienced significant price changes compared to the previous quarter. The market started the quarter with lower prices, but they gradually increased towards the end.
For the Quarter Ending December 2023
North America
The prices of Ethoxylated Tridecyl Alcohol in the North American region during the fourth quarter of 2023 have experienced upward momentum, driven by increased inquiries from the downstream Personal Care industries. The market fundamentals of Ethoxylated Tridecyl Alcohol have strengthened, supported by the recovery in demand from these industries.
The availability of finished goods has been sufficient to meet the demand, although manufacturing firms have not operated at full capacity amid the inflationary pressure On the upstream front, limited cost support has been observed from Ethylene Oxide, while the prices of palm oil, an upstream raw material, have risen, potentially impacting the production costs of Ethoxylated Tridecyl Alcohol.
energy prices, particularly natural gas, have decreased, easing the manufacturing costs. In terms of market sentiment, the US Federal Reserve's decision to maintain stable interest rates for the third consecutive time has contributed to the recovery in the US markets. The US economy has shown resilience, with improved economic conditions supporting the market fundamentals of key raw materials. Overall, the prices of Ethoxylated Tridecyl Alcohol have remained on the higher end, with manufacturers making slight price adjustments to safeguard their profit margins. The latest price of Ethoxylated Tridecyl Alcohol in the USA for the current quarter is USD 2710/MT FOB Illinois.
APAC
The fourth quarter of 2023 for Ethoxylated Tridecyl Alcohol in the APAC region was characterized by several key factors that influenced the market and prices. Firstly, strong demand from the downstream Surfactant and Detergent industries bolstered market sentiment and led to an increase in prices. Additionally, the availability of Ethoxylated Tridecyl Alcohol remained high due to regular production and sufficient stocks. However, the prices of upstream raw materials, particularly Palm Oil, increased, leading to a rise in the manufacturing costs of Ethoxylated Tridecyl Alcohol. Furthermore, the slowdown in global trade volumes and excess container supply resulted in stable freight rates, facilitating the movement of finished goods. In terms of India, which experienced significant changes in prices, the demand from the downstream Personal Care industries remained high, contributing to the positive market sentiments for Ethoxylated Tridecyl Alcohol. The country also saw an increase in palm oil imports, leading to a surge in upstream Palm Oil prices. This, in turn, influenced the price realizations of Ethoxylated Tridecyl Alcohol. Additionally, the production of coal in India increased, ensuring a steady supply of energy for downstream manufacturing firms. The price of Ethoxylated Tridecyl Alcohol in India at the end of the quarter was USD 2102/MT, Ex-Bharuch.
Europe
Throughout the fourth quarter of the year, the prices of Ethoxylated Tridecyl Alcohol in Germany have experienced a fluctuating trend, characterized by an initial increase followed by a subsequent decline. This mixed movement in prices can be attributed to several key factors influencing the market. Persistent inflationary pressures have exerted upward pressure on costs, impacting the pricing dynamics of Ethoxylated Tridecyl Alcohol. Additionally, weak demand from downstream industries has contributed to the challenging market conditions, as these industries have struggled to maintain robust consumption levels. Regarding production, the manufacturing firms have not operated at full capacity in the wake of moderate demand from the downstream end-use industries. The availability of Ethoxylated Tridecyl Alcohol was also sufficient to meet the demand from the Surfactant and detergent industries. In December, The pace of inquiries originating from downstream Surfactant and detergent industries has remained low and hasn’t led to any positive development in the market fundamentals of ethoxylated Tridecyl Alcohol. Most transactions involve smaller orders, prompting Ethoxylated Tridecyl Alcohol manufacturers to explore cost-cutting measures in response to both inflationary pressures and a persistent downturn in demand.
For the Quarter Ending September 2023
North America
In the domestic market of the USA, the prices of Ethoxylated Tridecyl Alcohol have demonstrated mixed market sentiments in Q3. In the first half of Q3, Ethoxylated Tridecyl Alcohol prices experienced a decline due to weak demand from the downstream Personal Care industries. Additionally, the increasing interest rates and strict monetary policies in the US market have negatively impacted the demand dynamics for Ethoxylated Tridecyl Alcohol among manufacturers. In terms of production, the manufacturing firms have operated under pressure amid tepid demand from the terminal market. The availability of Ethoxylated Tridecyl Alcohol was also sufficient to meet the demand from the downstream Personal Care industries. In addition, the decline in upstream Palm Oil prices amid over-availability in the key manufacturing nations, Indonesian and Malaysian coupled with average demand from the downstream personal sector, has a domino effect on the price realizations of Ethoxylated Tridecyl Alcohol. However, the prices of Ethoxylated Triceyl Alocol have progressed in a northwards direction in late Q3. Inquiries from the downstream Personal Care sector have gradually increased, and market transactions have improved, as reported by market participants.
APAC
In the domestic market of India, the prices of Ethoxylated Tridecyl Alcohol have remained bearish in the first half of the third quarter of 2023. The manufacturing activities in India have been robust in the past two quarters, leading to an accumulation of Ethoxylated Tridecyl Alcohol stocks. Consequently, manufacturers have chosen to adjust prices to boost shipment. Aggressive U.S. interest rate hikes and soft European growth clouded the outlook for global demand for Ethoxylated Tridecyl Alcohol. As a result, the Ethoxylated Tridecyl Alcohol market has operated at low levels in the domestic market of India. Furthermore, the prices of Ethoxylated Tridecyl Alcohol have reversed their downward trajectory and gained momentum towards the mid-Q3. The rise in inquiries from the downstream personal care sector has reinforced the market fundamentals of Ethoxylated Tridecyl Alcohol among the manufacturers. According to the Solvent Extractors Association, palm oil imports reached 11.28 lakh tonnes in August. In terms of production, the manufacturing firms have operated at regular rates to meet the demand from the end-use industries. The availability of Ethoxylated Tridecyl Alcohol was sufficient to meet the downstream demand. With active manufacturing across the nation, the manufacturing purchasing manager index has inched higher, settling well above the expansion zone. Consequently, Ethoxylate Tridecyl Alcohol Ex-Bharuch was settled at INR 1740000 per ton in September.
Europe
The reduction in inquiries from the downstream Personal Care Industries has kept the market sentiment for Ethoxylated Tridecyl Alcohol sluggish in the German market. The higher levels of Ethoxylated Tridecyl Alcohol stocks have increased the supply-side pressure in the domestic region. As a result, the downstream manufacturers have constrained the production rate to avoid stockpiling the product as the downstream demand remained relatively weak. Thus, the manufacturing Purchasing Manager Index has been settled in the contraction zone (Below 50 Points), throughout the third quarter of 2023. According to market participants, inquiries from the European Personal Care market have plunged by about 50% from their usual purchasing volumes. Additionally, supply-side pressure has escalated due to abundant supplies, as existing inventories have not been promptly released in the market. Meanwhile, persistently high inflation and increasing interest rates have been eroding the purchasing power of end-use industries. Overall, the availability of input energy material was sufficient to cater to the downstream production as Germany had secured enough gas supplies to supplement its manufacturing sector in Q3, according to Gas Infrastructure Europe.
For the Quarter Ending June 2023
North America
The prices of Ethoxylated Tridecyl Alcohol have witnessed volatile price movements in the US market. On the upstream front, the prices of Ethylene Oxide have weakened, prompting a downward pressure on the price realizations of Ethoxylated Tridecyl Alcohol. The manufacturers have refrained from any price escalation, as the demand from the downstream surfactant and personal care industries also remained slower than expected. Furthermore, the tight monetary policies imposed by Federal Reserve have contributed to easing the inflationary pressure in the US market in April, albeit at a slower pace. The economic crisis brought on by the failure of two banks in late Q1 has also exacerbated market concerns. The operating rates of the manufacturing firms remained under pressure, as the market players were unwilling to for the build-up up inventories amid the recession fears. Overall, the movement of finished goods was unhindered, as no supply-chain bottlenecks have been reported in the given timeframe. Furthermore, The prices of Ethoxylated Tridecyl Alcohol progressed in the southward direction in June as The inquiries originating from the downstream Personal Care sector have exhibited a rigid demand pattern.
APAC
In the Indian domestic market, the prices of Ethoxylated Tridecyl Alcohol have demonstrated mixed market sentiments in the second quarter of 2023. In early Q1, the prices of Ethoxylated Tridecyl Alcohol have been declined as the rise in manufacturing activities in the first quarter of 2023 led to stockpiling of the product in the domestic region. As a result, to stimulate the shipments, the manufacturers have opted for price adjustments. The cost support from upstream raw materials such as Ethylene Oxide was also insufficient to strengthen the pricing dynamics of Ethoxylated Tridecyl Alcohol. According to market participants, there has been an increase in inquiries coming from the surfactant and detergent industries which are major consumers of Ethoxylated Tridecyl Alcohol. The market transactions have also escalated, and the Ethoxylated Tridecyl Alcohol market operated at high levels in May. Furthermore, according to the financial report released by one of the leading market players, Arti Surfactants has registered a net profit of 17.8% in the quarter ending March 31, compared to Q4-2022. Furthermore, towards late Q2, The decline in Australian coal prices, along with easing international and domestic pet coke prices, has contributed to the downshift observed in the price realizations of Ethoxylated Reidecyl Alcohol.
Europe
Throughout the second quarter of 2023, the market fundamentals of Ethoxylateed Tridecyl Alcohol have remained under pressure amid continued inflationary pressures and weak market sentiments. On the upstream front, the availability of Ethylene Oxide was also sufficient to cater to the downstream demand arising from the Ethoxylated Tridecyl Alcohol. The production facilities have been operating at slightly reduced rates to avoid stockpiling the product. The data shows that the economic slowdown has weakened the manufacturing activities in the German market. As a result, the manufacturing Purchasing Manager Index has settled in the contraction zone throughout Q2. This contraction in the manufacturing sector in Germany has posed challenges for the European Central Bank (ECB) in its efforts to control inflation, which remains above its target of 2%. To address the situation, the ECB has been increasing interest rates to moderate demand and reduce prices. The manufacturers were cautious about the further rise in overall sales from the downstream personal care industries, thus refrained from any upshift in offers for Ethoxylated Tridecyl Alcohol.
For the Quarter Ending March 2023
North America
In early Q1, the prices of Ethoxyated Tridecyl Alcohol gained downward momentum in the US market. The reduction in upstream Ethylene Oxide and Natural gas prices has severely impacted the production costs of Ethoxylated Tridecyl Alcohol in the domestic region. The stocks of Ethoxylated Tridecyl Alcohol were at the higher end amid lower consumption from the downstream market. The fear of impending recession has also levied its impact on manufacturing activities in the domestic region. However, in mid-Q1, the prices of Ethoxyated Tridecyl Alcohol improved amid a rise in offtakes from the downstream personal care sector. Furthermore, the financial sector turmoil has pressured trade activities of various specialty chemicals, including Ethoxyated Tridecyl Alcohol. The freight charges were also settled lower amid a slowdown in global demand. Therefore, Ethoxylate Tridecyl Alcohol FOB Illinois prices were concluded at USD 3000 per ton in Q1-end.
APAC
In the Indian domestic market, the prices of Ethoxyated Tridecyl Alcohol have demonstrated a volatile market trend. The drop in demand from the downstream personal care sector has led to a reduction in the market value of Ethoxylated Tridecyl Alcohol in early Q1. The manufacturing activities have remained resilient in the domestic region, and as a result, the stocks of Ethoxylated Tridecyl Alcohol have been observed to be on the higher end. Furthermore, towards the end of the first quarter, the prices of Ethoxylated Tridecyl Alcohol were reinforced as the procurement from the downstream personal care sector escalated. With a drop in inflation, the purchasing sentiments have also strengthened, supporting the price rise of Ethoxylated Tridecyl Alcohol. The production facilities have been operated with their full capabilities to maintain the market balance. Thus, Ethoxylate Tridecyl Alcohol Ex-Bharuch prices were settled at INR 212200 per ton in March.
Europe
Average demand from the downstream personal care sector has pressured the market sentiments for Ethoxylated Tridecyl Alcohol in the German market in the first quarter of 2023. The ease in production costs brought on by falling TTF natural gas costs has alleviated the pressure from the Ethoxyated Tridecyl Alcohol costs. Despite easing input cost inflation, the raging inflationary pressures have dampened the purchasing sentiments of the end-use industries. The market transactions were based on rigid demand, and the market has sorted at low levels. Furthermore, the inquiries from the downstream personal care sector improved in late Q1 and led to a positive development in the price realizations of Ethoxyated Tridecyl Alcohol. In addition, the tight labor market has exacerbated the market challenges for Ethoxylated Tridecyl Alcohol toward the end of the first quarter.
For the Quarter Ending December 2022
North America
In the US market, the prices of Ethoxylated Tridecyl Alcohol have plummeted. The weak demand from the downstream surfactant industries has led to the accumulation of inventories in the fourth quarter of 2022. The Ethoxylated Tridecyl Alcohol market has operated at low levels amid sluggish procurement from the end-use industries. The freight rates have decreased across the international market and weighed on the price realizations of Ethoxylated Tridecyl Alcohol among the manufacturers. In December, the cost support from upstream raw materials was limited in the region and didn't cause any major downstream price fluctuation. The market players have reported that the demand from the downstream Surfactant and detergent sector was moderate. The ChemAnalyst database has shown that Ethoxylate Tridecyl Alcohol FOB prices were assessed at USD 3475 at the end of the fourth quarter.
APAC
The prices of Ethoxylated Tridecyl Alcohol have gained downward momentum in the fourth quarter of 2022 in the Indian domestic market. The sluggish consumption from the downstream market has hampered the upward movement in the price realizations of Ethoxylated Tridecyl Alcohol. The inventory levels have increased. As a result, the manufacturers have decreased their quotations to maintain the supply-demand balance. Furthermore, the input material cost pressure has been eased, and manufacturing activities have been enhanced. However, the market participants have reported that offtakes from the end-use industries have remained on the lower edge amid the low-season demand. In addition, the inflationary pressures also lessened in December. Prices of Ethoxylate Tridecyl Alcohol Ex-Bharuch were settled at INR 218650 per ton in Q4-end.
Europe
In the domestic region of Germany, Ethoxylated Tridecyl Alcohol prices have witnessed successive price reductions in the fourth quarter of 2022. The prices have remained on the lower end amid the ample availability and constrained procurement from the end-use industries. High inflationary pressures coupled with burgeoning natural gas costs have pressured market sentiments. Furthermore, toward the end of the fourth quarter, The manufacturers provided low-end quotations due to the inadequate demand from the downstream surfactant and detergent sectors amid the destocking season. The prices of TTF natural gas also softened in December, and manufacturing activities have slightly improved. In December, no supply chain constraints were reported, and there was an active flow of the material in the domestic region.
For the Quarter Ending September 2022
North America
In the USA, the prices of Ethoxylated Tridecyl Alcohol have consistently decreased in the third quarter. The fluctuating costs of upstream raw materials have impacted manufacturing activities across the nation. The demand from the downstream surfactant and detergent industries has also declined. As a result of wavering demand from the terminal sector, the market players have slashed their selling prices. Furthermore, towards the end of the third quarter, the operations rates were found to be high, and supply was regular. The elevated inventory level in the domestic region has further dampened the demand fundamentals of Ethoxylated Tridecyl Alcohol. Additionally, the freight charges from Asian countries have been reduced, supporting the downtrend observed in the market values of Ethoxylated Tridecyl Alcohol. Consequently, Ethoxylate Tridecyl Alcohol FOB Illinois prices averaged USD 3765 per ton in September.
Asia-Pacific
The prices of Ethoxylated Tridecyl Alcohol first increased in July and then continuously dropped throughout the third quarter. India procured Crude Oil from Russia at lower prices, inflicting the operating costs of several chemicals go downward. The demand from the downstream surfactant and detergent sector was slower-than-expected. In addition, the prices of upstream Ethylene Oxide also continuously dropped in the third quarter as the consumption levels from downstream industries remained low. The supply chain was regular, and the manufacturing units operated at regular rates to maintain equilibrium between supply and demand. Prices of Ethoxylate Tridecyl Alcohol Ex-Bharuch were settled at USD 2970 per ton at Q3-end.
Europe
The Ethoxylated Tridecyl Alcohol prices have demonstrated mixed sentiments throughout the third quarter. The maintenance of the Nord Stream pipeline has resulted in the limited availability of natural gas in the domestic region. The demand from downstream surfactant and detergent industries was also limited as the purchasing power of the terminal consumer slumped by raging inflation. On the upstream price front, the Ethylene Oxide prices have continuously dropped amid the weaker demand and decline in upstream raw material prices. As a result, the price negotiations of Ethoxylated Tridecyl Alcohol have been under sufficient pressure among the manufacturers. Thus, the cumulative effect of bearish downstream market sentiments and the decline in raw material kept the prices of Ethoxylated Tridecyl Alcohol volatile in Q3-end.
For the Quarter Ending June 2022
North America
The Ethoxylated Tridecyl Alcohol market in the North American region staggers slowly during the second quarter of 2022. The inflation majorly caused this market development after the U.S, and the E.U, with the support of G20 nations, imposed sanctions on Russia. The cost support from the upstream fats and oil market remains persistently on an upward trajectory. However, some relief was bought due to the COVID shut down in China, which eased the PKO prices. The contract negotiations diverge against competing for feedstock and supply/demand fundamentals in the domestic market. However, prices were reduced during the second half of June amidst the ease in the PKO cost.
Asia Pacific
During the second quarter of 2022, the Ethoxylated Tridecyl Alcohols market in the Asia Pacific was bearish. The resurgence of COVID in China forced the authorities to impose the shutdown, which was prolonged for three months in northeast China. Therefore, the Ethoxylated Tridecyl Alcohol supply chain disruption significantly impacted the inquiries for the PKO. A major market source stated that the Chinese players in the Southeastern market were absent for a significant period. In response to the lower cost support from the upstream PKO coupled with the slowed demand in the Chinese domestic market, weakened the sentiments of the Tridecyl Alcohol Ethyoxylate producers, and the quotations were dropped in the Asia Pacific region despite the ongoing ban on the exports of the Indonesian Palm Oil.
Europe
In the second quarter of 2022, the Ethoxylated Tridecyl Alcohol market in the European region observed a mixed sentiment that varies across the region. The retaliatory measures against Russia have resulted in a record high inflation in the European markets. Buyers were more keener toward procuring the finished goods than manufacturing as the demand has significantly dropped in the European markets amidst the holiday season. In addition, the discussions for palm oil in the domestic market eased significantly. As a ripple effect, the discussion of Ethoxylated Tridecyl Alcohols varies across the sub-regions in Europe.
