price of feedstock decrease, mainly attributable to demand for Natural Fatty Alcohol increased from soft selling prices and having competitive price over Synthetic Fatty Alcohol price levels. Moreover
) market, in 2Q2018, Natural FA price was being more competitive to Synthetic FA price and supply of Natural FA was a bit dwindled due to few producers in China cut their production. From above reasons, GGC
synthetic fatty alcohols price and also supply of natural fatty alcohols has slightly dwindled due to maintenance shutdown of some producers, hence demand for natural fatty alcohols was still in good
alcohols in 1Q2020 was at 329 USD/ ton, a decrease of 43% from 573 USD/ ton in 1Q2019 because Fatty alcohols supply in 1Q2019 was tight caused by the announcement of permanent shutdown of some synthetic
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