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Tallow Oil prices in Germany are expected to increase moderately in September on account of continued logistical constraints and healthy European demand. Low water levels in the Rhine River are still restricting the supply of inland barges, while bigger ports such as Hamburg are suffering congestion and operating issues. Continuous oleochemical and specialty chemical purchases, mainly in the Belgium, Netherlands, and Poland market, and a shortage of supply are keeping prices in a bidding situation and a tight market.
Key Highlights:
Market analysts are predicting that Tallow Oil prices in Germany are likely to continue their upward trend into September. This is because of persistent logistic problems that have been inducing supply constraints and steady demand from major importing countries, which has resulted in a tight market for Tallow Oil.
During August, Tallow Oil prices moved aggressively higher as a result of several logistical concerns. The most widespread among them was low Rhine River water levels, a significant inland shipping artery for...
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