Oleic Acid Price Chart, Historical and Forecast Analysis | Procurement Resource

During the initial quarter of 2023, oleic acid prices in Asia experienced a decline attributed to the reduction in cooking and edible oil expenses, influenced by Malaysian regulations and a weakened market sentiment. However, in the second quarter, prices rebounded as a result of increased raw palm and edible oil costs, combined with a decrease in sunflower oil supply from Russia and diminished inventories. The growing economy in Asia further contributed to the upswing in prices.

In Europe, oleic acid prices initially saw a decrease due to low material costs and disruptions in supply chains. Nevertheless, prices witnessed a surge in the second quarter, driven by a rise in domestic demand, depleted inventories, and increased international inquiries. Similarly, North America experienced comparable trends, reflecting a surge in demand and fluctuations in feedstock prices.

Request for Real-Time Oleic Acid Prices: https://www.procurementresource.com/resource-center/oleic-acid-price-trends/pricerequest


Oleic acid, a monounsaturated omega-9 fatty acid (C18:1), is essential for cellular function and energy storage. It’s found in various fats and oils like olive and canola oil. Its fluidity at room temperature, attributed to a single double bond, benefits heart health. Oleic acid forms stable triglycerides and plays a role in lipid metabolism. It’s known for its versatility, influencing texture and stability in products from food to cosmetics.

Key Details About the Oleic Acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Oleic Acid in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Oleic Acid Price trend, including India Oleic Acid price, USA Oleic Acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Oleic Acid Price Trend:

Oleic acid, a monounsaturated omega-9 fatty acid, is employed in a wide range of industrial applications. Within the food industry, it serves as a crucial component in cooking oils, margarine, and spreads, enhancing both flavor and shelf life. Its role extends to being an emulsifier and stabilizer in the production of processed foods. In the cosmetic and personal care sector, oleic acid’s moisturizing properties make it a fundamental ingredient in creams, lotions, and soaps. Additionally, oleic acid holds industrial significance as a primary material for generating various derivatives, such as surfactants, lubricants, and biodiesel. Its versatile nature and positive impact on texture, stability, and health contribute to its extensive use in various industrial processes.

Key Players:

  • Eastman Chemical Company
  • Berg + Schmidt GmbH & Co. KG
  • Emery Oleochemicals Sdn Bhd
  • Wilmar International Limited
  • White Group Public Co Ltd
  • Godrej Industries

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Recommended For You

About the Author: christeenjohnson


Leave a Reply

Your email address will not be published. Required fields are marked *