Sodium Stearate

# Sodium Stearate Recent Commodity Market Dynamics Intelligence (October 12, 2026 – November 12, 2026)

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## I. Market Quotation Dynamics Tracking

| Time Interval | Information Source | Dynamic Overview |
|---|---|---|
| Oct 12 – Oct 31 | SunSirs Daily Quotations | Sodium stearate commodity quotations are continuously updated, with enterprise quotes published daily; market trading activity is moderate. |
| Nov 1 – Nov 10 | SunSirs Daily Quotations | Quotation frequency remains daily; updates were published on Nov 2, 3, 4, 5, 7, 9, and 10. |
| Nov 4 – Nov 8 | ChemicalBook | The latest manufacturer quotation summary table has been updated, with price ranges available for reference. |
| Oct 30 | My Steel Network | Related product stearic acid daily review: Raw materials are trending up, but stearic acid market transactions are low; Shandong domestic first-grade acid is quoted at 9,500 CNY/ton. |

**Supply-Side Reference Quotations**: Suppliers such as Shandong Yaheng Biotechnology offer tiered pricing for sodium stearate: 22 CNY/kg for orders of ≥20 kg, 20 CNY/kg for ≥100 kg, and 18 CNY/kg for ≥500 kg. The minimum order quantity is 25 kg, with a total supply capacity of 50,000 kg, shipped from Jinan, Shandong.

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## II. Price Trends of Related Product Stearic Acid (Cost-Side Reference)

Sodium stearate uses stearic acid as its core raw material, and its price fluctuations are directly transmitted to the cost of sodium stearate:

| Date | Stearic Acid Manufacturer Quotation (CNY/ton) | Trend Assessment |
|---|---|---|
| Sep 7 – Sep 22 | 9,050 | Stabilization at low levels |
| Sep 27 | 10,800 | Sharp increase |
| Oct 4 – Oct 6 | 12,000 | Peak hit |
| Oct 11 | 11,500 | Pullback |
| Oct 13 – Oct 20 | 9,050 | Sharp drop and stabilization |
| Oct 25 | 9,200 | Slight rebound |
| Oct 27 | 9,050 | Return to low levels |

**Key Signal**: In October, stearic acid prices experienced a volatile \"surge – sharp drop – low-level oscillation\" pattern. Although there were upward drivers on the raw material side on Oct 30, market transactions remained sluggish, plant operating rates were low, and sufficient import supplies ensured overall supply stability.

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## III. Market Dynamics Analysis

1. **Cost Side**: Raw material prices oscillate at high levels, maintaining cost support
Stearic acid experienced a \"roller-coaster\" price movement in October, plummeting from a high of 12,000 CNY/ton to 9,050 CNY/ton. Although there was a slight rebound to 9,200 CNY/ton at month-end, prices remain relatively low overall. This alleviates raw material cost pressure for sodium stearate producers; however, high-priced raw material inventories from the earlier period are still being digested, resulting in a mismatched cost structure of \"new lows, old highs.\"

2. **Supply Side**: Abundant capacity, supplemented by imports
Stearic acid plant operating rates are low, with some units shut down, but continuous import supplies ensure ample overall availability. As a downstream derivative, sodium stearate also faces a loose supply environment. The tiered pricing from suppliers (22 CNY/kg for small batches to 18 CNY/kg for large batches) reflects a competitive market dynamic where volume is exchanged for price.

3. **Demand Side**: Downstream demand is primarily rigid, with cautious stocking
- **Detergent and emulsifier sectors**: Maintaining rigid demand procurement at low prices, with no intention of large-scale stockpiling.
- **PVC products sector**: November has entered the traditional off-season, coupled with expectations of the approaching Spring Festival. Downstream stocking is focused on meeting production needs, with a very low probability of concentrated bulk purchasing.
- **Food/feed-grade demand**: Relatively stable but limited in volume.

4. **Market Sentiment**: Bearish gaming intensifies
Based on the stearic acid market characteristics of \"frequent low prices and difficulty in achieving high transaction prices through negotiation,\" the sodium stearate market is similarly under pressure. Sellers are slow to ship, buyers are strongly wait-and-see, and the market is in a stalemate of \"prices exist but no transactions.\"

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## IV. Trend Forecast

| Dimension | Assessment | Basis |
|---|---|---|
| **Short-term (Mid-to-late Nov)** | Weak oscillation, high probability of narrow downward movement | Triple suppression from falling raw material costs, ample supply, and off-season demand |
| **Medium-term (Dec – Jan 2027)** | Weak adjustment, focus on pre-Spring Festival stocking window | Pre-Spring Festival logistics suspensions and downstream pre-holiday stocking may bring a slight phased rebound, but unable to reverse the downward trend |
| **Risk Point** | If raw material prices rise again (e.g., due to anomalies in palm oil and other oil prices), sodium stearate prices may be temporarily boosted | Need to closely monitor upstream oil and stearic acid price trends |

**Core Conclusion**: Sodium stearate is currently in a period of triple bearish factors: \"loosening costs, ample supply, and weak demand,\" lacking upward momentum. It is recommended that production enterprises control inventory and produce based on sales; traders should build positions moderately at low prices and avoid chasing highs for stockpiling; downstream users should maintain rigid demand procurement rhythms and wait for clearer bottom signals before making further deployments.