Oleic Acid Prices Rise: Market Sentiment Remains Strong Amid Supply Challenges | IMARC Group

𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐎𝐥𝐞𝐢𝐜 𝐀𝐜𝐢𝐝 𝐏𝐫𝐢𝐜𝐞𝐬 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐐𝟐

𝐎𝐥𝐞𝐢𝐜 𝐀𝐜𝐢𝐝 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐔𝐒𝐀:

Meanwhile, in June 2024, oleic acid prices in the US per MT were pegged at $1,535. Early demand supply shortages coupled with refinery shutdowns limited the availability of raw material, thus pushing prices further up. Above all, challenges in logistics were further credited to the phenomena.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/oleic-acid-pricing-report/requestsample

𝐎𝐥𝐞𝐢𝐜 𝐀𝐜𝐢𝐝 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

The sharply hike above the October 2023 trading data that increased oleic-acid prices in South Korea to about $1,440 per metric ton in June 2024 reflected very high demand and limited supply with sky-high productions costs. The market place would suddenly lift up soon after the Lunar New Year. Growing preference for green oleochemical products was yet another factor affecting upward price movements as observed during the quarters.

𝐎𝐥𝐞𝐢𝐜 𝐀𝐜𝐢𝐝 𝐏𝐫𝐢𝐜𝐞𝐬 𝐢𝐧 𝐍𝐞𝐭𝐡𝐞𝐫𝐥𝐚𝐧𝐝𝐬:

In June 2024, oleic acid prices in the Netherlands rose to $1,580/MT. Prices fluctuated a lot because supply was limited and demand from industries was high. While there weren't many seasonal factors, strong consumer activity and careful stock management helped keep the market stable. Additionally, logistics issues and currency changes contributed to the price increase, showing strong growth in the Dutch market.

𝐇𝐨𝐰 𝐈𝐌𝐀𝐑𝐂 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐃𝐚𝐭𝐚𝐛𝐚𝐬𝐞 𝐂𝐚𝐧 𝐇𝐞𝐥𝐩

The latest IMARC Group study, "𝐎𝐥𝐞𝐢𝐜 𝐀𝐜𝐢𝐝 𝐏𝐫𝐢𝐜𝐞𝐬, 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚 𝟐𝟎𝟐𝟒 𝐄𝐝𝐢𝐭𝐢𝐨𝐧," presents a detailed analysis of Oleic Acid price trend, offering key insights into global Oleic Acid market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Oleic Acid demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

𝗦𝗽𝗲𝗮𝗸 𝘁𝗼 𝗮𝗻 𝗔𝗻𝗮𝗹𝘆𝘀𝘁: https://www.imarcgroup.com/request?type=report&id=22368&flag=C

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IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

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