North America Oleic Acid Prices Movement Q2

Oleic Acid Prices in USA:

In June of Q2 2024, the Oleic Acid Prices in the United States reached $1,535 per MT. Early demand, supply bottlenecks, and refinery shutdowns limited availability for raw material driving prices higher in high activity with logistics challenges.

Oleic Acid Prices in South Korea:

The high demand and limited supply of oleic acid in South Korea, together with increase in production costs, propelled the price sharply upward to $1,440 per metric ton in June for Q2 of 2024. The most affected market was said to experience a surge in activity shortly after the Lunar New Year. The other reason was eco-friendliness preference towards oleochemical products, which keened up the prices throughout the quarters.

Oleic Acid Prices in Netherlands:

Oleic acid prices in the Netherlands surged to $1,580/MT in June for Q2 2024. These prices oscillated significantly as supply was limited and downstream industries had a strong demand. There were not many seasonal influences, but it was due to higher consumer activity and careful stock management that kept the market positive. Besides, logistics issues and currency fluctuations contributed to price hikes, indicating a strong upward thrust 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.

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

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