The prices for our main raw material, tallow based fatty acids, showed sharp increases throughout the last months. This trend continued during the 1st quarter of 2020, led by strong demand from biodiesel market.
Also prices for our second raw material, vegetable oils, are now on a much higher level than they were middle of 2019 – even though they fell during the last weeks.
Therefore we are unfortunately forced to adjust the sales prices for our products, which are mainly based on the above mentioned raw materials and their derivatives, accordingly for the 2nd quarter 2020.
