Entering March xxxx, Fatty Acid prices remained under pressure in the US market, with DEL USGC prices falling by x.xx. The bearish trend was primarily driven by ample supply and ongoing sluggish demand in the Fatty Acid market. Sellers have been facing difficulties in offloading material mounting in a weak market environment, with buyers remaining cautious amid the prevailing economic uncertainty.
As market activity showed no signs of picking up, sellers were compelled to lower their pricing targets for March. Buyers were prioritizing fulfilment of prompt restocking needs over bulk purchases. Adding on to the downward pressure was the decline in feedstock palm oil costs, which eased the overall manufacturing expenses of Fatty Acid. This decrease in production costs allowed producers to lower the Fatty Acid prices in order to stimulate downstream demand. However, buyers remained cautious in procuring material, thus exerting downward pressure on Fatty...
