Tall Oil Prices: Price, Trend, Pricing, News, Analysis | ChemAnalyst
For the Quarter Ending September 2023 North America Tall oil prices in the third quarter experienced a fluctuating pattern. In July and August, prices surged by 3.31% and 7.60%, respectively, propelled by dwindling inventories among market providers and heightened demand from end-user businesses. July witnessed a decline in production output, resulting in a short supply of Tall oil. However, sustained demand from the paper, pulp, and mining sectors maintained high prices. Despite a manufacturing sector decrease in the United States for the eleventh consecutive month in August, the rate of decline moderated, suggesting potential stabilization. Although new order inquiries rose, Tall oil prices faced a significant drop in September, aligning with a slowdown in manufacturing and a surge in order decreases. Consumers grappled with ongoing inflation and historically high interest rates, fostering economic uncertainty and diminished confidence throughout September. Asia Pacific Tall oil...