Sodium Lauryl Ether Sulfate (SLES) Prices

Sodium Lauryl Ether Sulfate (SLES) Prices June 2024

During the second quarter of 2024, the sodium lauryl ether sulfate (SLES) prices in the United States reached 921 USD/MT in June. The prices in the market witnessed an increase as compared to the prior quarter.

In the second quarter of 2024, SLES market across South Korea observed noticeable price fluctuations, and robust demand from the tourism, agriculture, and construction sectors. The quarter ended with SLES priced at 858 USD/MT in June.

During the second quarter of 2024, SLES pricing in Germany saw fluctuations. The quarter ended with SLES priced at 1333 USD/MT in June. Toward the end of Q2, the prices reflected a positive pricing environment, coupled with a robust market sentiment.

Sodium Lauryl Ether Sulfate (SLES) Prices March 2024

During the first quarter of 2024, the sodium lauryl ether sulfate (SLES) prices in the United States reached 787 USD/MT in March. The market was influenced by reduced feedstock costs and subdued domestic demand. Economic downturns abroad and robust inventories further depressed prices, reflecting a bearish outlook amid weaker seasonal demand.

In the first quarter of 2024, SLES prices in South Korea observed extreme price fluctuations. The quarter ended with SLES priced at 776 USD/MT in March. The market witnessed the same price-decreasing sentiment as compared to Q2 2023.

Sodium Lauryl Ether Sulfate (SLES) Prices December 2023

The prices of sodium lauryl ether sulfate (SLES) during Q4 of 2023 recorded 677 USD/MT in December in the USA. The market saw a steady price hike because of strong demand from surfactant industries and increasing feedstock costs. In addition, declined palm oil shipments from various key suppliers helped in stabilizing the market and creating a positive supply-demand ratio.

In December of 2023, the price trend for sodium lauryl ether sulfate (SLES) in South Korea was 852 USD/MT during the fourth quarter. Inventory was depleted as a result of the sharp rise in product demand. Due to the combination of higher feedstock costs and greater demand, there was a discernible upward trend that supported continuous price growth in the region.

Regional Coverage

The report provides a detailed analysis of the sodium lauryl ether sulfate (SLES) 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 sodium lauryl ether sulfate (SLES) price trend.

Global Sodium Lauryl Ether Sulfate (SLES) Price

The report offers a holistic view of the global sodium lauryl ether sulfate (SLES) pricing trends in the form of sodium lauryl ether sulfate (SLES) 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 sodium lauryl ether sulfate (SLES) historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into sodium lauryl ether sulfate (SLES) 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 sodium lauryl ether sulfate (SLES) 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 Sodium Lauryl Ether Sulfate (SLES) Price

Q2 2024:

In the second quarter, Europe witnessed a noticeable price hike, primarily propelled by escalated demand within the surfactant sector. This surge is linked to the warmer weather across the region, enhancing outdoor activities and increasing the requirement for effective cleaning agents. The demand spike was notably influenced by increased orders from regional markets and the United States. Concurrently, rising costs of key raw materials like crude oil and ethylene oxide also amplified manufacturing costs. Furthermore, higher shipping costs and transportation complexities, restricted the market's supply and pushed the prices upward. In Germany, the volatility was particularly marked, with significant impacts on pricing trends and market dynamics.

Q1 2024:

The market in Europe experienced notable volatility during the first quarter of 2024. The beginning of the year witnessed a decline in SLES prices due to a decrease in both regional and overseas demand. Additionally, the ease of importing and a reduction in prices worldwide, majorly influenced by trends in China, exacerbated this decline. However, by mid-quarter, prices began to recover modestly, propelled by an increase in ethylene oxide costs, which is a major raw material, and further complicated by elevated shipping costs resulting from the Red Sea crisis. The surfactant sector’s consistent demand and external pressures, including geopolitical concerns and economic performance across the Eurozone, particularly Germany’s manufacturing industry, significantly shaped market outlook. As the quarter progressed, these dynamics contributed to a nuanced pricing environment, reflective of the overall economic conditions and supply chain disruptions that continue to influence the fluctuating commodity chemical market in Europe.

This analysis can be extended to include detailed sodium lauryl ether sulfate (SLES) price information for a comprehensive list of countries.

North America Sodium Lauryl Ether Sulfate (SLES) Price

Q2 2024:

In the second quarter of 2024, the market in North America saw a pronounced price increase. The summer season sparked an interest in outdoor activities, which in turn boosted the consumption of cleaning products. The increasing raw materials costs such as ethylene oxide amplified the manufacturing costs of SLES. Furthermore, crude oil prices increased due to disturbances in oil supply chains and geopolitical concerns, thereby affecting the cost of SLES derivatives. Challenges in global shipping and port disruptions also played a notable role in shaping the market's upward trajectory. The market's response included notable price increments throughout the season, reflecting a robust and buoyant market atmosphere.

Q1 2024:

The first quarter of 2024 marked a downturn in the North American market, especially in the US, where several factors led to a decrease in prices. The drop in costs of key feedstocks, particularly fatty alcohol and ethylene oxide, which followed a dip in ethylene prices, significantly influenced SLES pricing. Moreover, lower consumption in personal care and surfactant industries resulted in bearish outlook. The market also felt the effects of weak international demand from Asia and Europe, where economic challenges and inflation dampened purchasing activity. Domestic demand in the US was further suppressed due to high interest rates. Seasonally, the winter months saw reduced needs for SLES, compounding the bearish sentiment. Overall, market conditions were less favorable, with the final price settling at a lower level by the quarter's end.  

Specific sodium lauryl ether sulfate (SLES) historical data within the United States and Canada can also be provided.

Middle East and Africa Sodium Lauryl Ether Sulfate (SLES) Price

The report explores the sodium lauryl ether sulfate (SLES) pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on sodium lauryl ether sulfate (SLES) prices for countries can also be provided.

Asia Pacific Sodium Lauryl Ether Sulfate (SLES) Price

Q2 2024:

Throughout Q2, the Asia Pacific region witnessed bullish dynamics in SLES prices. The increase was mainly due to heightened demand within the detergent and surfactant industries, amplified by the warm season, which typically boosts the use of cleaning products. The cost of feedstocks such as ethylene oxide, along with increased freight rates and complications in the supply chain, pushed the prices for SLES higher. Market behavior included inventory accumulation by vendors in expectation of demand due to higher temperatures, which led to increase in prices due to strained supplies. Notable demand from sectors such as tourism, agriculture, and construction, especially in South Korea, significantly influenced the market dynamics by the quarter's end.

Q1 2024:

The Asia Pacific region saw a decline in SLES prices during the same period, driven by reduced consumption in key end use industries. High product inventories exacerbated the price drop. South Korea experienced the most significant pricing shifts within the region, reflecting broader market trends. The overall decrease was notable, with prices falling more sharply in the first half of the quarter. The pricing pressure persisted throughout the quarter, marked by a general oversupply and subdued demand, culminating in a significantly lower closing price in South Korea. This period highlighted a clear bearish outlook for the market, with broader economic factors contributing to the downturn.

This sodium lauryl ether sulfate (SLES) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Sodium Lauryl Ether Sulfate (SLES) Price

The analysis of sodium lauryl ether sulfate (SLES) 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.

Sodium Lauryl Ether Sulfate (SLES) Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Sodium Lauryl Ether Sulfate (SLES) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of sodium lauryl ether sulfate (SLES) 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 sodium lauryl ether sulfate (SLES) at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of sodium lauryl ether sulfate (SLES) price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing sodium lauryl ether sulfate (SLES) 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.

Sodium Lauryl Ether Sulfate (SLES) Market Analysis

The global SLES industry size reached 2.18 Million Tons in 2023. By 2032​, IMARC Group expects the market to reach 3.29 Million Tons, at a projected CAGR of 4.70% during 2023-2032.

• The SLES demand is propelled by its utilization in dental care products to produce mouthwash, toothpaste, and tooth whitening products. There is a rise in the focus on maintaining oral hygiene among individuals due to the prevalence of dental issues. According to the World Health Organization (WHO), over 95% of adults in India have dental caries, and over 50% of adults have periodontal disease.
• In grooming products, SLES is used to produce makeup remover, lip balms, foundation, concealer, facial cleansers, shaving creams, facial gel, liquid hand soap, and exfoliants. People are opting for these products owing to their changing lifestyles, along with their inflating income levels. They are even willing to pay a premium for high-quality grooming products to maintain their enhanced health.
• SLES is also becoming increasingly popular in hair products for the manufacturing of dandruff treatment products, hair gels, hair setting sprays, and conditioners. There is an increase in the demand for hair care products among individuals for an enhanced look. According to the data from IBEF, the Indian cosmetics industry is majorly categorized into skin care, hair care, oral care, fragrances, and color cosmetics segments. The overall market share is expected to grow to US$ 20 billion by 2025 with a Compound Annual Growth Rate (CAGR) of 25%. On the other hand, the global cosmetics industry is growing at 4.3% CAGR and will reach US$ 450 billion by 2025.
• The market share of SLES is being strengthened by ongoing advancements in product formulations. This includes better cleansing, foamy qualities, and gentler formulations that accommodate a range of consumer demands and preferences. In addition, formulation advancements often integrate SLES with conditioning agents, scents, and moisturizing agents to maximize its functional effects. This also makes products more appealing to a wider consumer base seeking multifunctional benefits.
• SLES production is showing an upward trajectory because of regulatory approvals and compliance with safety standards. These approvals benefit in ensuring that SLES is a viable option for manufacturers worldwide.
• Besides this, the market share is expanding because of SLES's increased employment in shampoos and soaps owing to its emulsifying and cleansing properties. SLES is also used in hand-washing and laundry detergents to offer enhanced cleanliness.
• SLES production has also witnessed a considerable surge due to the rising demand for customized cleaning products that offer diverse fragrances.

Sodium Lauryl Ether Sulfate (SLES) News

The report covers the latest developments, updates, and trends impacting the global sodium lauryl ether sulfate (SLES) industry, 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 sodium lauryl ether sulfate (SLES) production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the sodium lauryl ether sulfate (SLES) price trend.

Latest developments in the sodium lauryl ether sulfate (SLES) industry:

• In May 2024, Evonik inaugurated its new sustainable biosurfactant plant together with key clients in Slovakia. These biosurfactants are transforming the cleaning and beauty and personal care industries and have huge potential in many other applications.

Product Description

SLES is a white or light yellow viscous anionic surfactant that is soluble in water. It is usually derived from palm kernel oil or coconut oil. It is widely available at different concentrations and more concentrated versions are thicker. It has a potential of hydrogen (pH) level of 6.5 to 9.5, a density of 1.05 g/cm3, and high biodegradation levels. It assists in offering enhanced resistance against hard water. It aids in providing superior emulsifying and cleansing properties.

In addition, SLES is an excellent lathering surfactant and is a great choice for a primary surfactant in any kind of foaming product. As a result, SLES finds applications in various cosmetics and personal care, household cleaning, and pet care products across the globe.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of sodium lauryl ether sulfate (SLES) 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 sodium lauryl ether sulfate (SLES) 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 sodium lauryl ether sulfate (SLES) price charts ensure our clients remain at the forefront of the industry.