The price of sodium lauryl ether sulfate (SLES) in the USA for Q4 2023 reached 677 USD/MT in December.
The latest report by IMARC Group, titled “Sodium Lauryl Ether Sulfate (SLES) Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of Sodium Lauryl Ether Sulfate (SLES) Price Trend. This report delves in globally, presenting a detailed analysis, along with an informative price chart. Through comprehensive Sodium Lauryl Ether Sulfate (SLES) Price Analysis, Chart, Forecast and News, the report sheds light on the key factors influencing these trend. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Sodium Lauryl Ether Sulfate (SLES) Prices December 2023:
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The study delves into the factors affecting Sodium Lauryl Ether Sulfate (SLES) price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
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Sodium Lauryl Ether Sulfate (SLES) Price Trend- Q4 2023
The sodium lauryl ether sulfate (SLES) industry is driven by the increasing demand for personal care and household cleaning products. SLES is a widely used surfactant known for its excellent foaming and emulsifying properties, making it a crucial ingredient in shampoos, soaps, body washes, and detergents. In line with this, the growing global population, coupled with rising urbanization, has led to a surge in the consumption of personal care products, where disposable incomes are increasing, thus strengthening the market growth.
Additionally, the heightened awareness of hygiene and cleanliness, especially in the wake of the COVID-19 pandemic, has significantly boosted the demand for household cleaning products containing SLES. Moreover, the trend towards premium and organic personal care products has also influenced the market, with manufacturers seeking to incorporate SLES due to its effectiveness and mildness on the skin compared to other surfactants.
In the fourth quarter of 2023, the sodium lauryl ether sulphate (SLES) industry in North America faced mixed influences affecting prices. Initially, the market experienced a downward trend due to falling feedstock ethylene oxide costs, which led to lower SLES prices. This decline was exacerbated by weak domestic demand and high inventory levels, a trend also seen in Europe and Asia due to economic slowdowns and ongoing inflation.
Moreover, high interest rates in the U.S. further dampened domestic demand. In line with this, the European SLES industry faced a bearish trend driven by weak domestic demand. While ethylene oxide prices remained stable, Fatty Alcohol prices fell despite steady downstream demand. Palm oil costs also declined, influenced by reduced inventories in Malaysia. Weak surfactant demand led to cautious purchasing and traders offering discounts to boost sales. Although the overall supply of SLES in Europe was high, some countries like the Netherlands and Belgium reported lower supplies, with competitively priced imports from overseas also affecting market dynamics.
Meanwhile, the APAC region saw a bearish trend for SLES, notably in China, due to weak demand. While Ethylene Oxide prices were stable, Fatty Alcohol prices dropped despite steady downstream demand. Palm oil costs also fell, influenced by reduced Malaysian inventories. Also, weak demand led to cautious purchasing and discounted trader offers. China’s manufacturing sector showed a slight contraction, impacting SLES demand further. In contrast, South Korea experienced stable SLES prices due to sufficient supply and moderate demand from surfactant and personal care sectors, maintaining consistent price dynamics.
Regional Price Analysis:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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