Hamburg, Germany: At the start of the third quarter of xxxx, Fatty Alcohol prices began on a bearish note. This downward trend is primarily due to a decrease in inquiries from downstream personal care industries, which has negatively influenced Fatty Alcohol market sentiments. Persistent inflationary pressures and stringent monetary conditions have significantly impacted the purchasing behavior of end-use industries, further contributing to the bearish market outlook. The combination of reduced demand from personal care manufacturers and broader economic challenges has led to a cautious approach in procurement, exacerbating the Fatty Alcohol price decline.
With the week ending on xth July, the prices of Fatty Alcohol have dropped by USD xx per ton compared with the previous week. Manufacturing activity in the eurozone declined significantly last month as demand for products, including Fatty Alcohol, dropped sharply, despite factories reducing their prices. This decline in demand has led...
