According to PriceWatch, In the first quarter of 2024, Fatty Alcohol Ethoxylates price trend (FAEs) had ranged between USD 1,600 to USD 1,700 per metric ton, driven by strong demand from industries such as personal care, cleaning, and agrochemicals. The demand for bio-based FAEs had continued to grow, fueled by a rising consumer preference for eco-friendly and sustainable products.
However, the market had faced challenges with raw material cost volatility, particularly for fatty alcohols, which had seen prices fluctuating due to agricultural commodity price shifts. Despite these challenges, supply chains had largely recovered from earlier disruptions, allowing manufacturers to meet demand. Track real time tall oil fatty acid price trend analysis.
As we had moved into Q2 2024, the FAE market had shown signs of stabilization as production issues had eased and demand had remained strong. Consumption had increased by 4% by May 2024, reflecting continued growth, particularly in the bio-based FAE segment, driven by strong demand from the personal care, cleaning, and agrochemical sectors.
Although challenges like raw material price volatility and logistical disruptions had persisted, the overall market demand had remained stable, and production had gradually improved, easing some of the pressures on supply.