North America Stearic Acid Prices Movement Q3:

Stearic Acid Prices in United States:

In September 2024, stearic acid prices in the United States rose to 1,400 USD/MT for Q3, driven by palm oil shortages and higher import volumes from Southeast Asia. Reduced supply from leading palm oil producers, such as Indonesia and Malaysia, coupled with shipping delays, created challenges in securing raw materials. The rise in global palm oil prices further pushed up import costs, directly impacting the production expenses of stearic acid. These supply chain constraints, combined with elevated manufacturing costs, contributed to the overall increase in stearic acid prices across the region during the quarter.

APAC Stearic Acid Prices Movement Q3:

Stearic Acid Prices in Japan:

In September 2024, stearic acid prices in Japan climbed to 1,145 USD/MT for Q3, marking a notable increase. This rise was primarily driven by elevated palm oil costs due to limited supply from key producers like Malaysia and Indonesia, which directly impacted production expenses. Production constraints in these regions, coupled with heightened demand spurred by policy-driven initiatives, further tightened the supply chain. The resulting shortages in the market created upward pricing pressure, with demand consistently outpacing available supply. These combined factors contributed to sustained price growth, fostering a positive market sentiment throughout the quarter.

Europe Stearic Acid Price Movement:

In September 2024, stearic acid prices in the Netherlands rose to 1,530 USD/MT for Q3, driven by multiple factors. Elevated palm oil costs from Southeast Asia significantly impacted production expenses, while shipping disruptions and reduced exports exacerbated supply constraints. Seasonal challenges further curbed production, limiting availability and tightening the supply-demand balance. These conditions created sustained upward pressure on prices, leading to notable increases throughout the quarter. Despite supply difficulties, the market experienced continued pricing pressures, with prices remaining high due to the constrained supply and strong demand dynamics.

Latin America Stearic Acid Prices Movement Q3:

Stearic Acid Prices in Brazil:

In Brazil, stearic acid prices reached 1,410 USD/MT in September 2024 for Q3, reflecting a steady increase throughout the quarter. Rising palm oil prices from Southeast Asia contributed to higher feedstock costs, which pushed prices upward. Supply chain issues, including logistical difficulties and reduced palm oil exports, further worsened the supply situation. Additionally, increased production costs due to these factors added pressure to the market. With strong demand and ongoing challenges affecting production and supply, prices continued to rise steadily throughout the quarter, maintaining upward momentum.

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.

Request to Get the Sample Report: https://www.imarcgroup.com/stearic-acid-pricing-report/requestsample

About Us:

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.

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: [email protected]
Tel No: (D) +91 120 433 0800
United State: +1-631-791-1145