Get the latest insights on price movement and trend analysis of Palm Stearin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
With the absence of exports from the two key oilseed players - Russia and Ukraine, the prices of oilseeds and oil soared globally. Hence, the entire pressure trickled down on the soybean and palm oil causing their prices to inflate further.
The expensive trade logistics, and adverse weather conditions in Malaysia(floods) and Latin America (droughts) caused the price trends for palm oil to strengthen globally. The price of Bursa Malaysia derivative palm oil peaked at 1942 USD/MT during the said period. With the export ban by the Indonesian government, the supply lines were strained further.
The prices stabilized towards the end of the second quarter averaging 1554.50 USD/MT as the global trade logistics relaxed. Thus, owing to the inflated prices of feedstock palm oil, the price of its derivative palm stearin suffered. The price trends of palm stearin surged during the first quarter and then stabilized towards the end of the second quarter because of the above-cited reasons.
Procurement Resource provides latest prices of Palm Stearin. 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.
Palm Stearin, a known triglyceride, is a solid fraction from the fractionation of palm oil. In general, Palm Stearin is a glycerol backbone that is known to be linked to 3 fatty acids by ester bonds. It is recognised by a high proportion of palmitic acid and oleic acid. It is widely used as a natural hard stock for making trans-free fats.
|Product Name||Palm Stearin|
|Industrial Uses||Oleochemicals, Production of specialty fats , Soaps, Animal feeds, Palm mid fractions (PMF), Margarine fats, Shortenings, Vanaspati|
|Supplier Database||Wilmar International Ltd, Cailà & Parés SA, Cargill Incorporated|
|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.
Palm Stearin is derived from palm oil. In this process, obtained palm oil is subjected to a fractionation to finally obtain Palm Stearin.
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).
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