Hamburg (Germany): In the European market, the prices of Fatty alcohol have been decreasing since May xxxx. Moderate inquiries from the downstream personal care industries have led to bearish sentiments in the Fatty alcohol market. Furthermore, inflationary pressures have impacted Fatty alcohol production activities across the region. Despite this, weak demand from the downstream market has continued to weigh down Fatty alcohol market sentiments.
According to the ChemAnalyst database, the prices of Fatty alcohol have declined by approximately USD xx per ton in the domestic market of Germany in the week ending May xx, compared to the prices observed at the start of this month. The availability of upstream palm oil, essential for producing Fatty alcohol, has been sufficient to meet downstream needs. Market sources indicate that weaker palm oil exports from Malaysia have pressured prices, with expectations of a significant increase in production further impacting palm...
