The Linear Alkyl Benzene sulfonic acid (LABSA) price followed a divergent trend across the global market this week. The Chinese LABSA market witnessed a downturn, on the other hand, a contrasting trend was observed in Europe. Meanwhile, the US LABSA market showed stability. The price trend was impacted by feedstock LAB costs and regional market dynamics. Further, demand for the product from the downstream detergent and cleaning products manufacturing has influenced the price trend across the global market in the fourth week of April xxxx.
Key Takeaways:
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LABSA prices declined in China, surged in Europe, and remained stable in the USA.
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Ample supply and declining freight rates contributed to lower prices in Asia.
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Increased feedstock LAB costs support German LABSA prices rise.
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Prices in USA remained stable due to moderate demand and steady feedstock costs.
The Asian market observed a downward price trajectory as the Chinese...
