DMG prices have reached a historic high due to rising palm oil costs, driven by Indonesia’s new export policy, global vegetable oil shortages, and supply disruptions from the Russia-Ukraine conflict. Importers are advised to assess demand carefully and stock moderately, as raw material shortages persist amid China’s COVID-19 resurgence. However, Indonesia’s recent adjustment from DMO to increased export duties may bring relief to the market. Stay connected with Chemsino for the latest ingredient price updates.
