Stearic Acid Prices, News, Market Analysis | ChemAnalyst

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Stearic Acid Prices Overview
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Market Overview Quarterly Update on Global
Stearic Acid Market   For the Quarter Ending
December 2020 Asia   Demand for Stearic Acid in
the Asian market remained firm as various
countries like China and India were heard
utilizing their full capacities to make up for
the loss incurred in H1 2020. Get more info
https//www.chemanalyst.com/Pricing-data/stearic-a
cid-1098
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Stearic Acid Prices Overview
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• Pick up in demand in India during the festive
  season in November also contributed to a
  prominent surge in its values. Consistent hike in
  the prices of feedstock palm oil across Southeast
  Asia has provided an astonishing upward push to
  the prices of Stearic Acid. With palm oil futures
  rising to an almost eight year high in December,
  and Indonesia levying an increase in the tax over
  its oil exports, price of Stearic Acid is
  expected to remain in a stable to firm range in
  H1 2021. The price for Rubber Grade Stearic Acid
  in India for the quarter ending December 2020 was
  averaged at USD 853 per MT.
• Europe
•  
• Firm demand for Stearic Acid from the polymer and
  textile industry has sustained its rich market
  sentiments in Europe. As European Union is eyeing
  to reduce the imports of palm oil as it leads to
  increased deforestation activities, concerns of
  stressed availability of the feedstock has
  provided a forward push to the prices of Stearic
  Acid in the regional market. In early October,
  market fundamentals of Stearic Acid remained in a
  narrow range as various end-use industries kept
  operating their plants at reduced rates under
  fears of demand uncertainty. However, the plant
  utilization rates gradually improved under the
  optimism that prevailed from the consistent
  upward push in crude values.
•  
• North America
•  
• With the consistent increment in prices of the
  feedstock Palm Oil, Stearic Acid prices in the US
  took an uptrend later in the quarter. The supply
  of palm oil tightened towards the end of the
  quarter when USA declared a straight ban on the
  imports from several Malaysian producers
  including Sime Darby Plantation Berhad and FGV
  Holdings, under the allegations of labor abuse.
  As the supply of Palm Oil from its largest
  exporter Malaysia is bound to decrease, prices of
  derivative Stearic Acid are expected to remain
  firm in the near-term. Rising Brent crude is
  further anticipated to support the price trend in
  the region at least till Q1 2021. 

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Stearic Acid Prices Overview
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How we can help ChemAnalyst addresses the key
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It identifies and analyses factors such as
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ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally. Methodology ChemAnalyst
gathers information through primary research
surveys conducted with various Stearic Acid
manufacturers, spread across the domestic and
international market, suppliers and
dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
companys annual reports and secondary sources
such as exhaustive search on credible paid
databases, including our internal database is
done to verify the information. All the collected
information is analyzed, evaluated and presented
in chronological order to depict a meaningful and
clear picture of the concerned market.   Our
dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Stearic Acid market. The
team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.  
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Stearic Acid Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Several ongoing development projects across
industries are tracked, followed by the details
of major projects in the development stage, which
can positively or negatively influence Global
Stearic Acid market. Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on weekly, monthly
and yearly basis.   Finally, region-specific
markets for Stearic Acid are analyzed
and region-wise demand pattern is
tracked. About Stearic Acid, also known as
octadecanoic acid is a long-chain fatty acid.
Stearic Acid is a waxy solid possessing a mild
odor at room temperature. The product is widely
demanded in various end-use industries due to its
thickening and emulsifying properties. Stearic
Acid is majorly utilized for internal lubrication
and adhesion in the rubber manufacturing process.
Besides, it even finds extensive applications in
several other fields like cosmetic industry, food
industry, pharmaceutical industry and others. Due
to its ideal properties, it is often used as a
base for producing other fatty acid ingredients.
Owing to its ideal cleansing and surfactants
properties Stearic Acid is also widely used in
personal care products. Stearic Acid is mainly a
derivative of palm oil, but it can also be
derived from several other sources like corn and
coconut oil.  It is commercially prepared by the
separation and hydrogenation of fats. Stearic
Acid in its commercial form is available as a
mixture of stearic acid (C-18) and palmitic acid
(C-16). However, it can further be purified as
per the required industrial specifications.