In the first week of February xxxx, the global Linear Alkyl Benzene Sulfonic Acid (LABSA) market portrayed a complex landscape shaped by regional disruptions and resilience. Challenges in the U.S. petrochemical industry, stability in Saudi Arabia amid security concerns, intricate dynamics in China influenced by global trade disturbances and the Red Sea crisis, and a nuanced European market collectively highlighted the complex nature of the LABSA industry.
In the United States, freezing temperatures caused disruptions in the petrochemical industry, leading to a constrained supply of upstream Benzene and subsequent shutdowns or reduced rates at major facilities. This upheaval resulted in a xx increase in LABSA prices, closely tied to the elevated cost of feedstock LAB. Despite stable domestic demand driven by persistent low temperatures, LABSA supply remained consistent during this period.
Saudi Arabia, on the other hand, witnessed a stable LABSA market in the initial...
