Lack of positive guidance causes the price center of the stearic acid market in November to shift downward

Introduction: As November unfolds, downstream demand for stearic acid remains sluggish, showing little sign of recovery. Meanwhile, the high price of raw material palm oil has begun to decline, and inventory levels at stearic acid producers have continued to accumulate. Burdened by these multiple negative factors, the market price of stearic acid has sustained a downward trend. Going forward, attention should be paid to marginal changes in costs and supply. If cost support continues to weaken and supply pressure does not ease, the bearish market outlook is likely to persist.

Price: Stearic Acid Prices Continue to Fall Amid Multiple Negative Factors