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PFAD Crashes 15% as Stearic Acid Steadies Above USD 1,050/MT

Palm Fatty Acid Distillate (PFAD) prices have crashed 15% to USD 715/MT since mid-July 2025, boosting oleochemical margins, while Indonesia’s stearic acid 1838 grade remains firm at USD 1,050–1,080/MT FOB. Importers in India, China, and Pakistan are rushing to secure August-October contracts ahead of a predicted Q4 2025 supply squeeze driven by export policies, biodiesel mandates, and seasonal production changes.