Linear Alkylbenzene Sulfonic Acid Prices

Linear Alkylbenzene Sulfonic Acid (LABSA) Prices June 2024

The linear alkylbenzene sulfonic acid (LABSA) prices in the United States for Q2 2024 reached 2,240 USD/MT in June. The country witnessed significant shifts in prices, marked by a steady downward trajectory. Prices fell substantially year-over-year, with a notable drop compared to Q1 2024. A further decline was noted in the latter part of Q2 compared to the former. This decrease reflects a pessimistic industry environment driven by reduced manufacturing expenses, oversupply, and operational challenges.

The price trend for LABSA in South Korea for Q2 2024 settled at 3,821 USD/MT in June. The country experienced a moderate reduction year-over-year and quarter-over-quarter in Q2 2024. Anticipated demand in the summer failed to materialize, resulting in oversupply and further driving prices down. Elevated seaport stocks also influenced the pessimistic market conditions. Toward the closing of the quarter, prices of LABSA reflected the impact of reduced raw material rates, weak requirements, and elevated transportation costs.

In Germany, the LABSA prices for Q2 2024 reached 1,588 USD/MT in June. The country witnessed notable price increases for LABSA , aligning with the upward trend across Europe. Prices significantly rose year-over-year and quarter-over-quarter. Toward the closing of the quarter, LABSA prices reflected a stable rising trajectory on account of elevated manufacturing expenses, rising transportation rates, strong requirements, and persistent inventory constraints.

The prices of LABSA for Q1 2024 in Saudi Arabia settled at 1,545 USD/MT in June. The country experienced a stable pricing trend, supported by balanced supply and demand and stable rates of raw materials. Seasonal factors, such as higher temperatures, boosted the need for LABSA for surfactant manufacturing. Prices reflected a moderate decrease year-over-year but rose notably compared to Q1 2024, signaling a steady yet gradual rising trajectory. Toward the closing of Q2, prices of LABSA highlighted the overall stability of the market.

Linear Alkylbenzene Sulfonic Acid (LABSA) Prices March 2024

The LABSA acid prices in the United States for Q1 2024 reached 2,368 USD/MT in March. The country experienced notable price fluctuations, with prices of LABSA acid experiencing a significant decline compared to the preceding quarter. This declining trajectory resulted from weakened requirements and heightened unpredictability in the industry. Toward the closing of Q1, prices of LABSA acid reflected the prevailing negative landscape in the region.

The price trend for LABSA acid in South Korea for Q1 2024 settled at 3,872 USD/MT in March. The country witnessed a notable decrease in prices of LABSA acid during this period. This decrease was driven by reduced requirements from the end-use surfactant sector and lower feedstock Benzene costs. Additionally, an abundant domestic supply further pressured prices. On a quarterly basis, prices of LABSA acid exhibited an overall downward trajectory.

In Saudi Arabia, the LABSA acid prices for Q1 2024 reached 1,544 USD/MT in March. The country experienced notable variations in prices, with an overall optimistic sentiment. In spite of challenges like rising feedstock costs and interruptions in supply channels, the industry demonstrated resilience. Prices increased moderately in comparison to the preceding quarter while showing a notable decline year-over-year. Throughout Q1 2024, prices remained consistent between the former and latter halves of Q1, reflecting a stable market environment.

Linear Alkylbenzene Sulfonic Acid (LABSA) Prices December 2023

The linear alkylbenzene sulfonic acid (LABSA) prices in North America for Q4 2023 reached 2454 USD/MT in December. The market maintained stability, with prices largely unchanged due to a balance in supply and demand. The anticipated drop in benzene prices could impact future market dynamics, however, the steady crude oil prices provided support. Despite economic challenges, the market saw minimal disruptions, with no plant shutdowns reported during the quarter.

The price trend for LABSA in Germany for Q4 2023 reached 1365 USD/MT in December. The market faced a decline, driven by weak demand in surfactant industries and broader economic challenges. Despite an energy crisis and reduced consumer spending, the market avoided plant shutdowns. The downturn in demand and price was a result of economic pressures and disruptions in the domestic energy supply.

The price trend for LABSA in South Korea for Q4 2023, reached 4021 USD/MT in December. The market was marked by an upward trend, driven by limited supply and low benzene prices. Despite a bearish regional outlook, LABSA prices remained relatively stable with slight increases. The market dynamics were influenced by constrained supply levels and minor shifts in demand, without significant changes from the previous year.

In Saudi Arabia, the LABSA market showed stability, with prices impacted by lower benzene costs and stable demand from end use industries, reaching 1500 USD/MT in December. A slight price decrease was noted, but overall supply and demand remained balanced. The market conditions were marked by subtle supply and high demand, contributing to minimal price fluctuations during this period.

Regional Coverage

The report provides a detailed analysis of the linear alkylbenzene sulfonic acid (LABSA) market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the linear alkylbenzene sulfonic acid (LABSA) price trend.

Global Linear Alkylbenzene Sulfonic Acid (LABSA) Price

The report offers a holistic view of the global linear alkylbenzene sulfonic acid (LABSA) pricing trends in the form of linear alkylbenzene sulfonic acid (LABSA) price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into linear alkylbenzene sulfonic acid (LABSA) historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into linear alkylbenzene sulfonic acid (LABSA) price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed linear alkylbenzene sulfonic acid (LABSA) demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Linear Alkylbenzene Sulfonic Acid (LABSA) Price

Q2 2024:

Throughout the second quarter of 2024, prices of LABSA acid experienced a significant rise driven by numerous factors. Higher production costs, stemming from increased prices of feedstocks, were a primary contributor. Elevated international shipping rates and ongoing supply network challenges further intensified pricing pressures across European markets. Additionally, strong seasonal requirements from the surfactant and detergent industries supported higher consumption of LABSA acid and reinforced the positive pricing trend in the region.

Q1 2024:

During the first quarter of 2024, prices of LABSA acid in Europe witnessed notable shifts due to numerous circumstances. The industry followed an optimistic trajectory, with a rise in prices in comparison to Q4 2023. Limited supplies were a significant driver, resulting from reduced availability of feedstock and final products on account of supply chain disruptions. Challenges were further intensified by the Red Sea conflict, which resulted in elevated transportation expenses and logistical delays. Requirements for LABSA acid remained steady, largely supported by the end-use surfactant sector.

Q4 2023:

In Q4 2023, the European LABSA market faced substantial challenges, particularly in Germany, where prices dropped due to weak demand in the surfactant sector, economic slowdown, and energy crisis. The market saw a considerable decline in prices, but production remained resilient with no shutdowns. Overall, weak demand and economic disruptions drove a downturn in LABSA pricing trends.

This analysis can be extended to include detailed linear alkylbenzene sulfonic acid (LABSA) price information for a comprehensive list of countries.

North America Linear Alkylbenzene Sulfonic Acid (LABSA) Price

Q2 2024:

Throughout the second quarter of 2024, prices of LABSA acid in North America witnessed a notable decrease due to various contributing circumstances. Reduced raw material prices and lower manufacturing expenses resulted in a decline in prices of LABSA acid. In addition, favorable weather in key manufacturing regions increased supplies, contributing to higher stock levels and creating negative pricing pressure. Operational disruptions, such as challenges in key shipping channels, further influenced the industry by hindering exports and resulting in inventory buildup at seaports.

Q1 2024:

During the first quarter of 2024, prices of LABSA acid in North America witnessed a decline due to several influencing factors. Reduced requirements from the end-use surfactant industry significantly impacted pricing trends. Furthermore, international economic volatility and political factors weighed on market sentiment, contributing to the downward trajectory. Seasonal influences also affected pricing, with similar levels observed in the first and second halves of Q1, reflecting a balanced supply-demand dynamic and overall stability during this period.

Q4 2023:

In the final quarter of 2023, the North American market remained steady with an equilibrium in supply-demand. Reduced demand in surfactant sector and potential drops in benzene prices, which might influence future LABSA costs, are presenting challenges. Despite economic uncertainties, the steady crude oil prices supported stability. No plant shutdowns occurred, maintaining market consistency.

Specific linear alkylbenzene sulfonic acid (LABSA) historical data within the United States and Canada can also be provided.

Middle East and Africa Linear Alkylbenzene Sulfonic Acid (LABSA) Price

Q2 2024:

Throughout Q2 2024, prices of LABSA acid in Middle East and Africa maintained stability, supported by a steady supply-demand dynamic. Stable rates of raw materials ensured consistent manufacturing expenses, while modest requirements in the end-use surfactant sector helped sustain market equilibrium. Higher temperatures across the region drove an increased need for cleaning chemicals, reinforcing the steady pricing trajectory. Although elevated transportation costs influenced international requirements, robust regional inventories minimized the shifts in prices.

Q1 2024:

In Q1 2024, LABSA acid prices in the Middle East and Africa experienced an upward trend. This increase was driven by several factors, including rising raw material costs, which contributed to elevated manufacturing expenses. Supply network interruptions, including recent incidents affecting shipping routes in the Red Sea, also led to higher transportation costs, influencing market dynamics.

Q4 2023:

The market in the Middle East and Africa remained stable in Q4 2023, with stable demand from end use industries and adequate supply. In Saudi Arabia, the market was influenced by declining benzene prices, leading to slight price reductions. The region maintained stability with high demand and a balanced supply, resulting in minimal price fluctuations throughout the quarter.

In addition to region-wise data, information on linear alkylbenzene sulfonic acid (LABSA) prices for countries can also be provided.

Asia Pacific Linear Alkylbenzene Sulfonic Acid (LABSA) Price

Q2 2024:

During the second quarter of 2024, prices of LABSA acid in Asia Pacific witnessed a notable decline, influenced by several circumstances. A significant reduction in raw material costs played a major role in driving this downward trend. Local requirements for LABSA acid remained moderate, reinforcing the bearish market outlook. Additionally, rising transportation expenses across the region further pressured the pricing as elevated shipment rates compounded the overall downward trajectory.

Q1 2024:

In the first quarter of 2024, prices of LABSA acid in Asia Pacific experienced a generally stable pricing environment. This stability was shaped by various circumstances, including raw material prices, requirements in the end-use surfactant sector, and the overall inventory environment. Seasonal influences, particularly reduced need in the winter, contributed to lower purchases of detergent and soap products, resulting in minimal shifts across the region.

Q4 2023:

During Q4 2023, the Asia-Pacific LABSA market was largely bearish, influenced by lower crude oil prices and weak demand in the region. South Korea saw notable price shifts, driven by limited supply and the anticipated drop in benzene prices, affecting overall market trends. Despite low support from crude oil, the market saw only minor changes in LABSA prices, with no plant closures reported.

This linear alkylbenzene sulfonic acid (LABSA) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Linear Alkylbenzene Sulfonic Acid (LABSA) Price

The analysis of linear alkylbenzene sulfonic acid (LABSA) prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Linear Alkylbenzene Sulfonic Acid (LABSA) Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Linear Alkylbenzene Sulfonic Acid (LABSA) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of linear alkylbenzene sulfonic acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of linear alkylbenzene sulfonic acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of linear alkylbenzene sulfonic acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing linear alkylbenzene sulfonic acid price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Linear Alkylbenzene Sulfonic Acid Market Analysis

The global linear alkylbenzene sulfonic acid market size reached US$ 5.1 Million Tons in 2023. By 2032, IMARC Group expects the market to reach US$ 6.3 Million Tons, at a projected CAGR of 2.30% during 2023-2032.

The global Linear alkylbenzene sulfonic acid (LABSA) market is primarily driven by its widespread use as a main ingredient in the production of household and industrial cleaning products. Linear alkyl benzene sulphonic acid is a type of surfactant, a chemical compound which lowers the surface tension between the two substances making it an important component in detergents, soaps and cleaning agents. The growing global population and increase in globalization have led to the rising demand for cleaning products for both domestic and commercial purposes, thereby propelling its market growth. In line with this the growing awareness regarding hygiene and sanitation, mainly in emerging economies, is further stimulating the consumption of cleaning products containing LABSA. The LABSA market is also driven by its application in manufacturing industrial cleaners and degreasers which are used in various industries such as automotive, textiles, and food processing. LABSA's excellent detergency properties make it an ideal choice for formulating industrial cleaners that are capable of removing stubborn stains, grease and oil residues from surfaces.

Moreover, the versatility of LABSA extends beyond the cleaning products and also includes its use in the production of agricultural chemicals like herbicides and pesticides. LABSA serves as an important raw material in the synthesis of emulsifiable concentrates and wettable powders which are widely used in the formulation for delivery of agrochemicals effectively. Along with the increasing demand for cultural products to feed the growing global population, the demand for agricultural products is also on the rise, thereby driving the consumption of LABSA. In addition to this, the expanding personal care and cosmetics industries is contributing to the growth of the LABSA market. LABSA is utilized in the production of various personal care products like shampoos, bath gels and liquid soaps due to its ability to create foam and its enhanced cleaning properties. These factors are collectively creating a positive outlook for the market further across the globe.

Linear Alkylbenzene Sulfonic Acid News

The report covers the latest developments, updates, and trends impacting the global linear alkylbenzene sulfonic acid market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in linear alkylbenzene sulfonic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the linear alkylbenzene sulfonic acid price trend.

Latest developments in the linear alkylbenzene sulfonic acid industry:

According to an article published in 2023 in the Business Standard, Godrej Consumer Products has launched a new brand of liquid detergent Godrej fab in South India, four decades after introducing Godrej Ezee, the country's first specialized liquid detergent tailored for winter wear and woollens, in 1983.

The Economic Times published an article in 2023 stating that Unilever has announced to cut down prices of some of its products, including such as soaps and laundry, to pass on the benefits of lower commodity prices, boost volumes and compete with local entrants.

Product Description

Linear alkylbenzene sulfonic acid (LABSA) is a kind of organic compound which serves as a key ingredient in the production of detergents and cleaning products. LABSA is derived from linear alkyl benzene (LAB), which is synthesized from linear alkenes obtained from the petrochemical refining process. LABSA is an ionic surfactant which means it has both hydrophilic (water attracting) and lipophilic (oil attracting) properties making it effective in removing grease, oil and dirt from surfaces. Its molecular structure consists of a linear alkyl chain attached to a benzene ring, with a sulfonic acid group (-SO3H) replacing a hydrogen atom on the benzene ring. LABSA is highly soluble in water and is used in a wide range of applications, including laundry detergents, dishwashing liquids and personal care products.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of linear alkylbenzene sulfonic acid pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting linear alkylbenzene sulfonic acid price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The linear alkylbenzene sulfonic acid price charts ensure our clients remain at the forefront of the industry.