LAB : Market Outlook

Most LAB and LAS makers expected demand to strengthen only in the second quarter of 2013, as no one could foresee a recovery in the global economy in the first quarter.

However, some LAB producers in Asia and the Middle East said buying activity could pick up in the first quarter, when Chinese buyers re-enter the market to restock after the Lunar New Year holiday on 11-15 February. Movements in the China market typically have a ripple effect on other Asian markets.

On the margins front, however, there was considerable uncertainty, as the direction of upstream prices was difficult to predict, LAB suppliers said.

Industry sources said demand for LAB in the Asian and Middle East markets was expected to rise by 3-5% in 2013 from 2012 levels. Current demand for LAB in Asia is estimated at 1.4m tonnes/year, while the combined consumption in the Middle East and North Africa is said to be above 4,00,000 tonnes/year according to industry sources.

Source: ICIS

Weekly Price Update-50 : Linear Alkyl Benzene Price, Analysis

Dear All,
Greetings of the Day,

This week's LAB prices in Asia are negative by around US$ 20-22/MT in comparison with last week's prices, where as in Europe the prices of LAB are almost constant it shows an increase of about US$ 2-4/MT on the other side US Region also shows a negativity in the prices of LAB by around US$ 13-15/MT. 

Linear Alkyl Benzene prices are quite negative this week due to decrease in the prices of raw materials. Due to high correlation with Kerosene, Benzene prices with LAB.

This weeks i.e W-50 prices are mentioned below. All these prices are FOB US$/MT and these prices are just for your reference. This is my analysis and you can take these prices for your knowledge and market understanding.

Any query mail me at manumittal19@gmail.com

Weekly Price Update: Linear Alkyl Benzene Price, Analysis

Dear All,
Greeting of the Day,


Detergent prices are directly affected by the prices of LAB. 45% of the prices of detergents are based on the prices of LAB as it is a major raw material used in the manufacturing of synthetic detergents.

Linear Alkyl Benzene prices are quite high this month due to increase in the prices of Benzene. You know there is more than 90% correlation in between Kerosene, Benzene prices with LAB.

All these below mentioned prices are FOB USD/MT and these prices are just for your reference these are my analysis you can take these prices for your knowledge and market understanding.

In case if you have any question mail me on manumittal19@gmail.com

I'll try to solve your query asap.

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.