Lead: During this period, the stearic acid plant has been operating stably at a relatively low utilization rate, while import arrivals have been slow. Market supply has appeared slightly tight, driving prices up consecutively. Combined with the uptrend in palm oil prices, the cost of stearic acid has been gradually climbing with an expanding pace of increases, while profit margins have shown a tightening trend.
Rising Crude Oil Prices Boost Buying Sentiment, Stearic Acid Prices Fluctuate Upward
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