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During the initial months of 2023, oleic acid prices in Asia felt the effects of declining cooking and edible oil expenses, primarily influenced by regulatory shifts in Malaysia and a downturn in market confidence. Nevertheless, a resurgence occurred in the following quarter driven by increased costs of raw palm and edible oils, compounded by diminished sunflower oil supply from Russia and reduced stockpiles. The thriving economy in Asia also played a role in strengthening prices. In Europe, oleic acid prices initially fell due to lo... more