India’s Lauramine Oxide market is witnessing moderate pricing pressure as raw material cost shifts and a sluggish global personal care industry weigh on demand. Lauramine Oxide is a versatile surfactant commonly used in shampoos, facial cleansers and household cleaning products. Lauramine oxide has seen its market dynamics soften in recent months.
In May xxxx, the price of Lauramine Oxide in India declined by xx and settled at USD xxxx per metric tonne. The drop follows a decline in the price of palm kernel oil which is a key raw material used in its production. However, this downward trend in costs was partially offset by a rise in hydrogen peroxide prices another essential input in the synthesis of Lauramine Oxide. Despite mixed trends in feedstock costs the primary driver behind the price correction has been weakened downstream demand.
There are currently major obstacles facing the worldwide personal...
