Linear Alkyl Benzene Prices Trend | Pricing | News | Database | Chart
Linear Alkyl Benzene (LAB) is a key component in the production of detergents and other cleaning agents. Its market dynamics are influenced by various factors, making its price trends a significant topic for industries reliant on its applications. LAB prices have been subject to fluctuations due to a combination of raw material costs, global demand, and shifts in production capacities across different regions. The primary raw material for LAB production is benzene, derived from crude oil, and n-paraffin. Given the volatile nature of crude oil prices, any movement in crude oil benchmarks directly affects the cost of benzene, thereby impacting the overall production cost of LAB. When crude prices rise, the costs for benzene tend to follow suit, leading to an increase in LAB prices. Conversely, any decline in crude oil prices often brings down benzene costs, providing relief to LAB manufacturers and potentially lowering prices in the market. Demand for LAB, which is primarily...