North America Stearic Acid Prices Movement Q3:

Stearic Acid Prices in United States:

In September 2024, stearic acid prices in the United States for Q3 reached 1400 USD/MT. In Q3 2024, stearic acid prices in the United States rose due to a combination of palm oil shortages and shipment surges from Southeast Asia. Limited supply from major palm oil producers like Indonesia and Malaysia, compounded by logistical disruptions, led to a tightening of palm oil availability. As global palm oil prices increased, import costs surged, driving up domestic stearic acid prices. The constrained supply environment and higher manufacturing costs contributed to an overall upward pricing trend in the region during the quarter.

APAC Stearic Acid Prices Movement Q3:

Stearic Acid Prices in Japan:

The stearic acid prices in Japan for Q3 2024 settled at 1145 USD/MT in September. In Q3 2024, stearic acid prices saw a significant rise due to several key factors. The surge in palm oil costs, driven by limited supply from major producers like Malaysia and Indonesia, had a direct impact on production expenses. Additionally, production limitations in these regions, combined with policy-driven demand increases, further constrained supply. As a result, the market faced supply shortages, pushing prices upward. The combination of these factors led to sustained price hikes and reinforced a positive market sentiment, as demand outpaced available supply throughout the quarter.

Europe Stearic Acid Price Movement:

In September 2024, stearic acid prices in the Netherlands for Q3 2024 reached 1530 USD/MT. In Q3 2024, stearic acid prices in the Netherlands rose significantly due to a combination of factors. Higher palm oil costs from Southeast Asia put upward pressure on prices, while logistical challenges and reduced exports exacerbated supply constraints. Additionally, production declines driven by seasonal challenges further limited availability. These factors collectively tightened the supply-demand balance, leading to price increases throughout the quarter. The result was a market marked by continued pricing pressures, with prices closing higher despite the ongoing supply difficulties.

Latin America Stearic Acid Prices Movement Q3:

Stearic Acid Prices in Brazil:

In Brazil, the stearic acid price trend for Q3 2024 reached 1410 USD/MT in September. In Q3 2024, stearic acid prices in Brazil experienced a steady increase due to several factors. Higher feedstock costs, driven by rising palm oil prices from Southeast Asia, put upward pressure on prices. Supply chain disruptions, including logistical challenges and reduced palm oil exports, compounded the issue, limiting supply availability. Additionally, increased production costs due to these factors further tightened the market. As a result, prices continued to climb throughout the quarter, supported by persistent demand and the ongoing external challenges impacting production and supply.

How IMARC Pricing Database Can Help

The latest IMARC Group study, “Stearic Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Stearic Acid price trend, offering key insights into global Stearic 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 Stearic Acid demand, illustrating how consumer behaviour 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.

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