The World Market for Oleochemicals and the oil palm Sector
Publicación:
Revista Palmas; Vol. 31 Núm. especial, (2010); 354-359
0121-2923
Revista Palmas; Vol. 31 Núm. especial, (2010); 354-359
0121-2923
Abstract
The world market of oleochemicals has been affected by the recession, as reflected by the demand for both fatty acids and fatty alcohols. Another recent factor affecting the oleochemical sector is the turbulent petroleum price environment, which has affected the production costs and the prices of petrochemical-derived surfactants and fatty alcohols which compete with oleochemicals in their major end-uses. This presentation analyzes how the balance between demand for oleochemicals and production capacity has changed recently, and how the location of production has evolved, in particular between oil palm producing countries and importing countries. It also reviews how the processing margins on oleochemicals move in relation to the profitability of palm oil production, and whether downstream integration increases or reduces the price risk. El mercado mundial de oleoquímicos se ha visto afectado por la recesión, lo que se ha reflejado en la demanda tanto de ácidos grasos como de alcoholes grasos. Otro factor que recientemente ha afectado el sector de oleoquímicos ha sido la turbulencia en los precios del petróleo, que ha afectado los costos de producción y los precios de los surfactantes y alcoholes grasos derivados de petroquímicos que compiten con los oleoquímicos en sus principales usos finales. La presentación analiza cómo el balance entre la demanda de oleoquímicos y la capacidad de producción ha cambiado recientemente, y cómo la ubicación de la producción ha evolucionado, particularmente entre países productores de palma de aceite y países importadores. También revisa cómo los márgenes de procesamiento en oleoquímicos se mueven con relación a la rentabilidad de la producción de aceite de palma y si la integración "downstream" aumenta o modera el riesgo de precio.
The world market of oleochemicals has been affected by the recession, as reflected by the demand for both fatty acids and fatty alcohols. Another recent factor affecting the oleochemical sector is the turbulent petroleum price environment, which has affected the production costs and the prices of petrochemical-derived surfactants and fatty alcohols which compete with oleochemicals in their major end-uses. This presentation analyzes how the balance between demand for oleochemicals and production capacity has changed recently, and how the location of production has evolved, in particular between oil palm producing countries and importing countries. It also reviews how the processing margins on oleochemicals move in relation to the profitability of palm oil production, and whether downstream integration increases or reduces the price risk.
Palabras clave:
aceite de palma
aceite de palmiste
industria de oleoquímicos
alcoholes grasos
ácidos grasos
aceite de palma
aceite de palmiste
industria de oleoquímicos
alcoholes grasos
ácidos grasos