13 January 2012 10:48 [Source: ICIS news]
“Our usual customers have told us they are unable to buy from us at the moment because everything is in a mess,” said a major producer of soap noodles.
But Asian soap noodle sellers said they are not very worried that the market will be significantly affected by
“Soap is something people need everyday. The demand will come back after things stabilize in the country,” a trader said.
Prices are not likely to be affected given
“Prices still remain more dependent on feedstock costs,” said an Asian producer.
Soap noodles in southeast Asia are mainly made from crude palm oil (CPO), crude coconut oil (CNO) and crude palm kernel oil (CPKO), whose prices have been stable to soft this week.
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