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nternational-palm oil has repeatedly reached new highs and recently hit a record high. Fueled by raw materials, inflation is an unavoidable pain. Especially in the recent Russian-Ukrainian conflict, pushing up regional tensions, the sharp rise in crude oil is the primary impact, and the follow-up is likely to push up prices.
At present, the international quotation of stearic acid using palm oil as raw material has broken USD 1600/MT. The company has never seen such sky-high stearic acid in the nearly three decades of operation. We can only be conservative and hope that everyone can safely and smoothly pass through this Hypercomm era
