Stearic Acid Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Stearic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Stearic Acid Price Trend for the October - December of 2023

Asia

Stearic acid is a long-chain saturated fatty acid that is generally produced by the hydrolysis of triglycerides that are derived from organic fat sources like tallow, vegetable oils like sunflower oil, palm oil, etc. Hence, the price trend for stearic acid are largely dependent on the market patterns of its feedstock oils. During the said period of Q4’23, the market behavior of stearic acid registered highly oscillating trajectories.

Stearic Acid Price Chart

Stearic Acid Price Trends


Please Login or Subscribe to Access the Stearic Acid Price Chart Data
 

The market inclination was mostly positive during the entire period; however, the second half was a little more affirmative than the former half, as the winter months called for a higher stearic acid demand from the lubricant, cosmetic, and detergent industries. The feedstock prices are also inclined by the last month of the year. Overall, swift variations in the stearic acid price trend were witnessed during the said period.

Europe

The European market trend for stearic acid were largely in alliance with the Asian market during the final quarter of the year 2023. The feedstock supply curtailments because of supply chain disruptions caused by the geopolitical tensions in the region heavily affected the market dynamics. Hence, fluctuating patterns were witnessed for stearic acid during this time.

North America

The American stearic acid price trend were no different from its Asian and European counterparts. The prices here were observed to vary within narrow ranges, given the uncertain demands and consumer behavior amid rising inflation and disruptive market logistics.

Analyst Insight

According to Procurement Resource, Stearic Acid price trend are likely to follow a similar trajectory in the coming months as well. The supply and demand gap is expected to reduce further in the coming quarters, which will positively impact the market sentiments.

Stearic Acid Price Trend for the July-September of 2023

Asia

The decline in the stearic acid prices during the third quarter was steep as the Asian countries struggled to maintain their procurement rates of stearic acid. The market for stearic acid failed to rise even after a significant improvement in the cost of raw materials and natural gas. In the trend of the market dynamics, it was indicated that the downstream automotive industries faced a significant fall in their sales number that had a negative effect on the market activities of stearic acid and its price graph trajectory.

Europe

In the first half of the third quarter, the stearic acid prices inclined as the after effect of bullish downstream demand. However, soon the declined demand from the construction and PVC industries hampered the stearic acid prices in the second half of the quarter. In addition to this, the purchasing activities of the consumers were adversely affected by the persistent effects of inflation and the ill effects of recession in European countries.

North America

The North American stearic acid market witnessed a stable gain in the stearic acid price trend, especially on account of rising cost of feedstock materials and marginal improvement in the automotive industries. In addition to this, the demand from the polymer sector appreciated with the rise in their procurement rates as the consumers expanded their spending budget with some relief in the economic crises. Additionally, the exponential rise in the prices of palm oil and the rise in transportation charges also yielded positive results in terms of stearic acid prices.

Analyst Insight

According to Procurement Resource, the price trend of Stearic Acid are estimated to follow an inclining trajectory as the demand from the automotive and PVC sectors seems to be improving.

Procurement Resource provides latest prices of Stearic Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.

About

Stearic Acid is a well-known saturated long-chain fatty acid with an 18-carbon backbone. Stearic Acid is found in different animal and plant fats and is a major component of cocoa butter and shea butter. In appearance, Stearic Acid is a white solid with a mild odour.

Product Details

Report Features Details
Product Name Stearic Acid
Industrial Uses Adhesives and sealant chemicals, Adsorbents and absorbents, Agricultural chemicals (non-pesticidal), Anti-adhesive agents, Corrosion inhibitors and anti-scaling agents, Curing activator and polymer, Defoamer manufacture, Fillers, Finishing agents, Fuels and fuel additives, Ingredient in rubber compound, Intermediates, Lubricants and lubricant additives, Paint additives and coating additives , Pigments, Plasticisers, Plating agents and surface treating agents, Rubber component, Sizing agent used to impart hydrophobicity to paper product
Chemical Formula C18H36O2
Synonyms Fatty Acid C18, Octadecanoic Acid, Octadecanoic Acid, n-Octadecanoic acid
Molecular Weight 284.5 g/mol
Supplier Database Eastman Chemical Company, BASF SE, Oleon NV, Pacific Oleochemicals Sdn Bhd, Colgate-Palmolive Company, Longyan Zhuoyue New Energy Co. Ltd.
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Fatty Acid- C18 from Oil or Fat via Hydrolytic or Lipolytic Splitting

In general, the production process of Fatty Acid involves hydrolytic or lipolytic splitting (reaction with water using high pressure and temperature or enzymes) of any oil or fat to finally obtain Fatty Acid as the product.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients

client-image

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.