Hamburg, Germany: For the past two weeks, the prices of Fatty Alcohol have been following a stable trend in the European market. The slowdown in inquiries from the downstream Personal care industries coupled with adequate availability has been responsible for the stabilized market operations. Additionally, tight monetary policies have restrained spending and borrowing, contributing to the cautious procurement approach and price stability.

The ChemAnalyst database has shown that the prices of Fatty Alcohol were settled at USD 1570 per ton in the week ending 19th July. The stability has been attributed to moderate demand from the construction industry, which has not necessitated further price adjustments. Personal Care's average activity has not led to significant demand pressures, thus avoiding major fluctuations in Fatty Alcohol prices. Additionally, the availability of upstream Palm Oil has been sufficient, ensuring a steady supply for Fatty Alcohol production. This consistent supply chain has contributed to stable prices, as there have been no major disruptions or shortages to drive prices upward.

Furthermore, market transactions for Fatty Alcohol have been primarily conducted on a need-on-demand basis. Buyers have only procured quantities essential for their immediate requirements, avoiding stockpiling or speculative buying that could have influenced prices. This cautious purchasing behavior has helped maintain equilibrium in the market, preventing any abrupt price shifts. Furthermore, with the upcoming holiday season, most manufacturing firms are expected to slow down their operating rates, further reducing the procurement levels of Fatty Alcohol. This anticipated slowdown in manufacturing activities will likely contribute to continued price stability in the Fatty Alcohol market.

On the other hand, India's edible oil imports hit a record 1.76 million metric tonnes in July, driven by supply uncertainties from the Russia-Ukraine conflict. Palm oil imports rose to 10.9 million tonnes, the highest in seven months, impacting global reserves and potentially raising futures benchmarks in Indonesia and Malaysia. This cautious stock-building by Indian importers amid geopolitical uncertainties can similarly affect the Fatty Alcohol market, given its dependence on palm oil as a key feedstock.

According to the Pricing intelligence of ChemAnalyst, the prices of Fatty Alcohol might gain momentum in the regional markets. The expected shutdown of the manufacturing firms during the holiday season is likely to limit supplies, inflicting price shifts. However, In the Asian markets, the downstream Beauty & Personal Care sector is expected to be driven by a cultural shift towards self-care and wellness, with consumers continuing to prioritize spending on beauty products. This demand is expected to positively impact the market for Fatty Alcohols, which are essential ingredients in many personal care products such as moisturizers, shampoos, and lotions.