Price Update: Linear Alkyl Benzene (LAB)

Dear All,
Greetings of the Day,

Welcome again to my Blog!
Hope you all are doing great.

Do you know the demand of Linear Alkyl Benzene (LAB) is quite captive with almost 95% of the LAB produced being consumed in the manufacturing of synthetic detergents.

The remaining 5% is used for other products like liquid detergents, pesticides and paint. Besides LAB accounts for 45% of the cost of synthetic detergents.

This means LAB directly or indirectly affects the pocket of people who are consuming the detergents and in my opinion there are at-least 70-80% people on this globe who are using detergents. A huge market I must say that.

Does LAB Price affect the price of Synthetic detergents?

YES

For ex:-

Lets say a synthetic detergent "M" costs INR 100/Kg. It includes the cost of LAB which accounts INR 45/Kg (45%) a very huge amount I must say that.

If there is any change in the price of LAB whether increase/decrease it will definitely affect the price of synthetic detergents and this will further affect our pocket.

Price Update

You will find the weekly price updates of Linear Alkyl Benzene for 3 regions ASIA, US, EUROPE in my blog, which will be updated every Monday.

This section contains the prices in USD/MT in a range of  USD 50 for all these 3 regions and the Prices will be published on every Monday.

P.S : These prices are calculated and analysed as per my understanding and knowledge about the product.