Press release
Oleic Acid Prices Rise: Market Sentiment Remains Strong Amid Supply Challenges | IMARC Group
Oleic Acid Price Trend
๐๐ฅ๐๐ข๐ ๐๐๐ข๐ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐:
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.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐๐ผ๐ฟ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.imarcgroup.com/oleic-acid-pricing-report/requestsample
๐๐ฅ๐๐ข๐ ๐๐๐ข๐ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐:
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.
๐๐ฅ๐๐ข๐ ๐๐๐ข๐ ๐๐ซ๐ข๐๐๐ฌ ๐ข๐ง ๐๐๐ญ๐ก๐๐ซ๐ฅ๐๐ง๐๐ฌ:
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.
๐๐จ๐ฐ ๐๐๐๐๐ ๐๐ซ๐ข๐๐ข๐ง๐ ๐๐๐ญ๐๐๐๐ฌ๐ ๐๐๐ง ๐๐๐ฅ๐ฉ
The latest IMARC Group study, "๐๐ฅ๐๐ข๐ ๐๐๐ข๐ ๐๐ซ๐ข๐๐๐ฌ, ๐๐ซ๐๐ง๐, ๐๐ก๐๐ซ๐ญ, ๐๐๐ฆ๐๐ง๐, ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐๐ฐ๐ฌ, ๐๐ข๐ฌ๐ญ๐จ๐ซ๐ข๐๐๐ฅ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ญ๐ ๐๐๐๐ ๐๐๐ข๐ญ๐ข๐จ๐ง," 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.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ผ ๐ฎ๐ป ๐๐ป๐ฎ๐น๐๐๐: https://www.imarcgroup.com/request?type=report&id=22368&flag=C
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐๐:
IMARC Group
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๐๐บ๐ฎ๐ถ๐น: sales@imarcgroup.com
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๐๐ฏ๐ผ๐๐ ๐จ๐:
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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