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Fatty Acid - C12 Price Trend and Forecast

Procurement Resource provides latest prices of Fatty Acid- C12. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Fatty Acid C12 Regional Price Trend

Get the latest insights on price movement and trend analysis of Fatty Acid C12 in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Fatty Acid C12 Price Trend for the First Half of 2022

Fatty Acid C12 or Lauric acid is extracted from palm oil, coconut oil and bay leaves. Hence, market supply and prices of these essential feedstocks govern the price trends for fatty acid C12/ lauric acid. During the first quarter, the international prices of oils skyrocketed due to the absence of precious sunflower oil from the Black Sea owing to the continuing Russia-Ukrainian conflict. With sunflower oil out of the picture, the attention shifted towards soybean and palm oil. The strong market demand amid complex logistics further affected the market supply.

The Indonesian government imposing a ban on the export of palm oil citing domestic reasons, strained the supply of palm oil. The coconut oil supplies were under pressure due to the lousy harvest in Malaysia and the Philippines due to adverse climatic conditions. Hence, these inflated feedstock prices directly affected the prices of lauric acid. The price of lauric acid went from 14,500 RMB/MT to 19,000 RMB/MT towards the end of the first quarter. However, the prices relaxed in the second quarter as the Indonesian government lifted the export ban and  the market demand subsided. The prices of lauric acid went from 16,500 RMB/MT to 9800 RMB/MT towards the end of the second quarter.

Dodecanoic Acid Price Trend For the Fourth Quarter of 2021


Asia

The Asian fatty acid market has showed bullishness as a result of good palm oil feedstock performance in the world market, owing to low palm oil output in Indonesia and Malaysia. Due to logistical constraints and inflationary pressure on fatty acid costs, trading offers in India remained firm. Poor feedstock supply and production constraints caused by China's Dual Control Policy prompted manufacturing units including Jiangsu Shengtai (80 KTPA capacity) and Deyuan Gaoke (100 KTPA capacity) to temporarily shut down.

Several production facilities ran out of mid-cut fatty alcohols for much of the quarter, raising the country's import demand. Demand from the detergent and personal care industries revealed issues, despite downstream buyers submitting acceptable requests for the product amid market confidence. Fatty acid prices in India were hovering around 1,130 USD/MT. Fatty acid prices in China settled at 3440 USD/MT on a FOB basis in December, ex-Ahmedabad.

Europe

The European fatty acid market remained positive in Q4-2021, despite surprisingly high input costs. Input costs continued to rise as a result of a global lack of palm oil feedstock, delivery delays, and astronomically high energy prices. Port container constraints and movement limitations imposed as a result of the escalating number of Omicron cases in the region further impeded spot trade activities.

Germany, which was one of the most hit by the recurrence of Covid instances, saw a considerable increase in soap and detergent use, resulting in an increase in downstream industry inquiries for Fatty Acid and boosting manufacturers' confidence in delivering steady contract rates. Increased market restrictions afflicted the downstream sectors' Fatty Acid supply dynamics towards the end of the quarter, resulting in prices hitting their highest levels of the year in December, ending at 4080 USD/MT FOB. The demand for personal care products also contributed to escalating cost trends.

North America

Fatty acid prices hit an all-time high in October, boosted by increased palm oil feedstock prices on the international market and limited supply due to Asian country vessel delays. Manufacturers' misery was heightened in the initial weeks of the quarter by a shortage of trucks for delivering consignments to downstream industries, in addition to high input costs.

Demand fundamentals in the downstream personal care and detergents categories, on the other hand, were predicted to outstrip supply. However, a minor decline in palm oil prices in the closing months of the year, owing to improved port movements and cheaper freight rates, limited fatty acid pricing in the North American region. Bearishness rose in the closing days of December, as fatty acid prices fell to 1760 USD/MT DEL, owing to little downstream activity during the Christmas and New Year vacations, which resulted in a decline in demand.

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About Fatty Acid- C12:

Fatty Acid- C12 is a well-known saturated medium-chain fatty acid with a backbone formed of 12-carbons. Fatty Acid- C12 is found naturally in numerous plant and animal fats and oils and is a major component of coconut oil as well as palm kernel oil.

Product Details:

Report Features Details
Product Name Fatty Acid - C12
Industrial Uses Soap, detergents and surfactants, Dyes, Intermediates, Rubber and plastics, Solvents (which are further used in product formulations or mixtures), Food and Feed, Paper , Lubricants and greases, Personal care product
Chemical Formula C12H24O2
Synonyms Dodecanoic acid, n-Dodecanoic acid, 143-07-7, Dodecylic acid, Dodecoic acid, Lauric acid
Molecular Weight 200.32 g/mol
Supplier Database Eastman Chemical Company, BASF SE, Oleon NV, Pacific Oleochemicals Sdn Bhd, Colgate-Palmolive Company, Longyan Zhuoyue New Energy Co. Ltd.
Region/Countries Covered Asia Pacific: China , India, Indonesia, Pakistan,  Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand,  South Korea, Iraq, Saudi Arabia, Malaysia, Nepal,  Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore,  Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden,  Belgium, Austria, Ireland Switzerland , Norway,  Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia,  Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Production Processes:

  • Production of Fatty Acid- C12 from Oil (Coconut/Palm Kernel oils) or Fat via Hydrolytic or Lipolytic Splitting

In general, the production process of Fatty Acid involves hydrolytic or lipolytic splitting (reaction with water using high pressure and temperature or enzymes) of any oil or fat to finally obtain Fatty Acid as the product.

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology:

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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