Linear Alkyl Benzene Sulphonic Acid (labsa) Price Trend and Forecast

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Historical Data Since 2015
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Forecast for 2026

linear alkyl benzene sulphonic acid (labsa) Price Trends by Country

inIndia
brBrazil
phPhilippines
lkSri Lanka

Global linear alkyl benzene sulphonic acid (labsa) Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Linear Alkyl Benzene Sulphonic Acid (LABSA) price assessment:

  • Grade: LABSA 90%, Ex-Gandhidham, India
  • Grade: LABSA 90%, Ex-Kolkata, India
  • Grade: LABSA 96%, Ex-Kolkata, India
  • Grade: LABSA 90%, Ex-West India, India
  • Grade: LABSA 90%, Ex-East India, India
  • Grade: LABSA 96%, Ex-East India, India
  • Grade: LABSA 90%, FOB Mundra, India
  • Grade: LABSA 90%, CIF Santos (India), Brazil
  • Grade: LABSA 90%, CIF Manila (India), Philippines
  • Grade: LABSA 90%, CIF Colombo (India), Sri Lanka

Linear Alkyl Benzene Sulphonic Acid (LABSA) Price Trend Q3 2025

In Q3 2025, the global Linear Alkyl Benzene Sulphonic Acid (LABSA) market showed a generally firm trend, supported by strong demand from detergent and cleaning product manufacturers. In South Asia, domestic prices surged across key hubs amid tight supply and high consumption levels, reflecting robust performance in downstream sectors. South American import prices also strengthened as buyers sourced cargoes from South Asia to offset limited local production and maintain steady supply.

In Southeast Asia, the region saw a mild upward adjustment supported by stable industrial and cleaning sector demand, while markets in South Asia remained steady with balanced supply-demand conditions and consistent trade flows within the region. Overall, the LABSA market maintained positive momentum during the quarter, underpinned by resilient end-use demand and stable logistics across major trade regions.

India

Linear Alkyl Benzene Sulphonic Acid (LABSA) Domestically Traded Price in India, Grades: LABSA 90%, LABSA 96%.

According to Price-Watch, in Q3 2025, LABSA price in India has increased significantly across domestic hubs, driven by robust demand from detergent and cleaning product manufacturers. In September 2025, LABSA prices in India have gone up by 0.81% compared to the previous month. Ex-Gandhidham, Ex-Kolkata, Ex-West India, and Ex-East India prices for LABSA have ranged between USD 1300–1600 per metric ton, with quarterly increase of 5.62% to 11%.

Market participants have cited supply constraints and strong downstream consumption as reasons for the firming prices. Producers have maintained high utilization rates, while buyers have competed for available cargoes to ensure steady supply lines. The strong upward momentum has reflected resilient end-use sector activity, consistent with the overall LABSA price trend in India.

Brazil

Linear Alkyl Benzene Sulphonic Acid (LABSA) Imported Price in Brazil from India, Grade: LABSA 90%.

In Q3 2025, LABSA price in Brazil has posted a gain, fuelled by ongoing demand from detergent and industrial cleaning sectors. In September 2025, LABSA prices in Brazil have declined slightly by 0.37% compared to the previous month. CIF Santos prices have ranged from USD 1300–1500 per metric ton, up by 2.41% quarter on quarter.

Brazilian buyers have opted for Indian cargoes to secure supply as regional production has remained constrained. Logistic flows have been stable, and buyers have maintained steady procurement to meet end-use requirements, reflecting positive market dynamics and the prevailing LABSA price trend in Brazil.

Philippines

Linear Alkyl Benzene Sulphonic Acid (LABSA) Imported Price in Philippines from India, Grade: LABSA 90%.

LABSA price in the Philippines has recorded an increase in Q3 2025, driven by stable demand from cleaning and industrial sectors. In September 2025, LABSA prices in the Philippines have edged down by 0.23%, compared to the previous month. CIF Manila prices for LABSA 90% have risen 1.20% from the previous quarter, trading between USD 1200–1400 per metric ton.

Consistent flows from Indian suppliers have ensure secure supply, while buyers’ inventories have remained adequate to meet ongoing consumption. Overall, trading activity has remained stable, aligning with the LABSA price trend in the Philippines.

Sri Lanka

Linear Alkyl Benzene Sulphonic Acid (LABSA) Imported Price in Sri Lanka from India, Grade: LABSA 90%.

In Q3 2025, LABSA price in Sri Lanka has shown slight change amid balanced supply and demand dynamics. In September 2025, LABSA prices in Sri Lanka have fallen slightly by 0.31% compared to the previous month. CIF Colombo prices have held stable between USD 1200–1400 per metric ton, reflecting a marginal quarterly gain of 0.14%.

End-use sectors have continued to source regular volumes from Indian producers, ensuring uninterrupted production across the country’s detergent industry. Overall, the market has remained steady with buyers and sellers maintaining steady trading relationships, reflecting the LABSA price trend in Sri Lanka.

Linear Alkyl Benzene Sulphonic Acid (LABSA) Price Trend Analysis: Q2 2025

In Q2 2025, Linear Alkyl Benzene Sulphonic Acid (LABSA) prices fluctuated in response to dynamic procurement patterns and downstream cleaning sector performance in Sri Lanka. April 2025 saw an initial uptick in prices driven by active restocking from detergent and hygiene product manufacturers amid early summer demand.

However, May registered a brief correction as buyers slowed purchases due to sufficient inventory levels and some logistical delays in Colombo port operations. By June 2025, demand rebounded as Sri Lanka’s cleaning and institutional hygiene sectors picked up momentum, supported by reopening of schools and public institutions post-holidays.

Additionally, strong buying activity was observed in other destinations like Brazil and the Philippines, which helped stabilize Indian LABSA export sentiment. As importers looked to secure volumes ahead of monsoon disruptions, prices saw renewed strength toward the quarter’s end. According to PriceWatch, LABSA prices were assessed at USD 1324/MT CIF Colombo.

The Indian Linear Alkyl Benzene Sulphonic Acid (LABSA) market witnessed a mixed trend in Q2 2025. April 2025 began on a weaker note as prices declined due to moderate demand from institutional cleaning product manufacturers and delayed restocking activity in Eastern India.

However, Linear Alkyl Benzene Sulphonic acid (LABSA) market sentiment rebounded in May and strengthened further in June. Improved buying momentum from regional detergent manufacturers especially in East and North India was a key driver.

Higher consumption of household cleaning agents during the peak summer months supported consistent uptake. Meanwhile, prices for the 90% grade across regions such as Gandhi Dham, Kolkata, and West India also firmed up toward the quarter’s close.

With supportive demand from both organized and unorganized cleaning sectors, and limited oversupply concerns, the 96% LABSA market ended the quarter on a firmer note. According to PriceWatch, Linear Alkyl Benzene Sulphonic Acid (LABSA) prices were assessed at USD 1516/MT Ex-Kolkata.

Linear Alkyl Benzene Sulphonic Acid (LABSA) prices demonstrated volatility across Asian and South American origins in Q1 2025. Philippines, under CIF port Manila (India) terms, saw an initial price rise in January due to increased demand from surfactant manufacturers and bulk restocking by Indian importers.

However, prices declined in February as inventory pressure and subdued detergent manufacturing slowed offtake. March again witnessed a price rebound amid renewed procurement and tighter vessel availability. Sri Lanka followed a similar up-down-up trend, influenced by regional supply shifts and steady downstream demand.

In contrast, Brazil (CIF Santos, India) showed a consistent price drop across all three months, reflecting slower shipments and weak competitive interest from Indian buyers. The quarter ended with prices at USD 1310/MT, CIF Manila (India), Philippines.

Throughout Q1 2025, LABSA prices in India followed a firm upward trajectory across major regions, driven by renewed demand from the detergent, surfactant, and cleaning chemical industries. With the start of the financial year, manufacturers actively restocked inventories to meet Q2 demand projections.

Procurement activities were especially strong in Gandhi Dham, West, and East India, where 90% grade saw consistent buying interest. Feedstock Linear Alkyl Benzene remained costlier, supporting finished product pricing. However, the 96% grade in Kolkata and East India saw limited offtake due to previous overstocking and soft local demand.

Export-oriented traders at FOB Mundra also reported stronger overseas inquiries, lending further support. The quarter reflected stable operational conditions and rising consumption in household and institutional cleaning segments. By March-end, the market remained supported across segments, with LABSA 90%, Ex-Kolkata closing at USD 1308/MT.

Linear Alkyl Benzene Sulphonic Acid (LABSA) Price Trend Analysis: Q4 2024

During Q4 2024, LABSA 90% prices showed mixed regional dynamics. In Brazil, prices under CIF Santos (India) terms trended downward throughout the quarter. The decline was primarily due to reduced procurement from Indian buyers amid ample stock levels and subdued cleaning product demand. Meanwhile, Philippines and Sri Lanka, both under CIF port Manila (India) and CIF Colombo (India) terms respectively, witnessed increasing prices in October and December.

This uptrend was driven by seasonal restocking ahead of year-end holidays and steady demand from the personal care and household cleaner segments. However, the Philippines saw a brief dip in November due to shipping delays and high inventories. The quarter concluded with LABSA 90% prices at USD 1350/MT, CIF Santos (India), Brazil.

LABSA prices in India saw mixed trends during Q4 2024, influenced by regional variations in demand and inventory adjustments. In Gandhidham and West India, 90% grade prices rose steadily as demand surged from institutional cleaning and textile industries. Meanwhile, Kolkata and East India saw weaker performance for the 96% grade, attributed to high base inventories and slower off-take from mid-sized detergent manufacturers.

Market sentiment improved in December with festive and year-end restocking. Feedstock prices remained stable, but strategic buying in Western and port-adjacent regions contributed to the firm tone.

Export demand from FOB Mundra improved marginally, helping offset slower domestic movement in a few eastern hubs. Despite these mixed signals, the quarter ended on a stronger note, with LABSA 90%, Ex-Gandhidham closing at USD 1285/MT.

At the outset of Q3 2024, the price of LABSA exhibited a downward trend in the APAC region. This trend was influenced by several key factors, including inadequate cost support from the feedstock LAB market, as the prices of raw material LAB declined, further reducing production costs and resulting in a bearish market outlook.

Conversely, in Europe, prices remained stable during the first month of Q3 2024, attributed to a narrow gap between demand and supply. Following the decline, the price of LABSA FOB Shanghai is currently approximately USD 1354 per metric ton.

In Q3 2024, LABSA prices in India were marked by volatility as contrasting trends emerged across regions. July saw patchy demand due to monsoon disruptions and weak off-take in Kolkata and East India. Some recovery was observed in August with increased cleaning chemical consumption in urban areas, but September ended on a bearish note due to excessive inventory and lacklustre export orders.

The 96% grade, largely traded in East and Kolkata markets, remained under pressure throughout the quarter. Meanwhile, procurement in Gandhidham and West India fluctuated with inconsistent manufacturing schedules among mid-sized buyers.

Feedstock costs were relatively stable, but operational constraints and weak consumer spending in rural zones limited growth. Most regions reported gradual price declines by quarter-end. The quarter closed lower, with LABSA 96%, Ex-Kolkata settling at USD 1343/MT.

In Q2 2024, the Asian LABSA market experienced significant price fluctuations due to changes in consumer demand and inventory levels. In China, prices dropped by about 2%, reflecting a slight decline in demand as manufacturers adjusted their purchasing strategies in response to higher stock levels and shifting consumption patterns in end-user sectors. In contrast, the North American market faced challenges, with LABSA prices falling by 7% compared to the previous quarter.

This decline was due to weakened demand from key industries, as manufacturers dealt with excess inventory and rising production costs, leading to a more cautious procurement approach. Meanwhile, the European market showed a more positive trend, with pricing fundamentals improving significantly and LABSA prices increasing by approximately 8% during the same period.

LABSA prices in India registered steady gains throughout Q2 2024 as seasonal demand strengthened, particularly from household cleaning and FMCG sectors. The 90% grade saw strong traction in Kolkata, West, and East India, supported by higher production of liquid detergents during the summer months.

Anticipation of monsoon-related logistics disruptions in Q3 further encouraged stockpiling. Feedstock Linear Alkyl Benzene costs edged higher due to firm crude trends, which added cost pressure across production hubs. Exporters at FOB Mundra recorded better international interest, mainly from Southeast Asian buyers, further tightening domestic availability.

The 96% grade in East India showed signs of softness initially but later aligned with the broader uptrend. Overall, demand fundamentals remained supportive with stable supply chains and firm institutional procurement. The quarter concluded with LABSA 90%, Ex-Kolkata priced at USD 1275/MT.

In the APAC region, the Global LABSA market exhibited mixed trend influenced by varying end-user demand and the availability of the commodity. In South Korea, prices experienced a downward trajectory by around 3.5% in Q1 2024 compared to Q4 2023, reflecting a combination of reduced demand from key sectors and increased inventory levels that led to a surplus in the market.

This decline suggests a temporary easing in the urgency for procurement as manufacturers recalibrate their production schedules in response to market conditions. Conversely, the price dynamics in China showed a more optimistic trend, with prices rising by 4% during the same period. This increase was attributed to stronger end-user demand, particularly from the detergent and personal care industries.

LABSA prices in Q1 2024 showed mild fluctuations across India as markets adjusted post-year-end slowdowns. In early January, cautious procurement and inventory drawdowns weighed on prices in Gandhidham and East India. However, rising demand from cleaning product manufacturers and recovery in institutional consumption boosted sentiment by February.

The 90% grade saw more stability across West and Kolkata markets, where detergent production gradually picked up. Meanwhile, 96% grade demand remained subdued in East India due to lack of large-volume buyers. Feedstock prices for LAB remained within a stable range, with no significant cost pressure.

Traders at FOB Mundra saw steady inquiries but avoided bulk commitments due to price uncertainty. While regional differences persisted, overall market tone improved toward quarter-end, supported by better downstream performance. The quarter wrapped up on a stable note, with LABSA 90%, Ex-Gandhidham closing at USD 1258/MT.

Technical Specifications of Linear Alkyl Benzene Sulphonic Acid (labsa) Price Trends

Product Description

Linear Alkyl Benzene Sulphonic Acid (LABSA) is a sulfonated derivative of Linear Alkyl Benzene (LAB) characterized by its strong surface activity and chemical stability. It exhibits excellent detergency, foaming capacity, and wetting properties, along with high solubility in water and good compatibility with other chemical agents. Known for its controlled active matter content, high purity, and biodegradability. LABSA combines performance efficiency with environmental responsibility, making it a versatile and reliable compound in various chemical formulations.

Identifiers and Classification:

  • CAS No – 27176-87-0
  • HS Code – 34021190
  • Molecular Formula – C18H30SO3H
  • Molecular Weight[g/mol] – ~284 to 360 g/mol


Linear Alkyl Benzene Sulphonic Acid (LABSA) Synonyms:

• Linear Alkylbenzene Sulfonic Acid

• Dodecylbenzene Sulfonic Acid

• Sulfonic Acids, C10–C13 Alkyl Derivatives

• LAB Sulphonic Acid

• LABSA (common abbreviation)

• C10–C13 Alkylbenzene Sulfonic Acid

• C12 Alkylbenzene Sulfonic Acid

• Dodecylbenzenesulfonic Acid (DDBSA)


Linear Alkyl Benzene Sulphonic Acid (LABSA) Grades Specific Price Assessment:

  • LABSA 90%, LABSA 96%


Linear Alkyl Benzene (LAB) Global Trade and Shipment Terms

  • Quotation Term (Product & Country Specific): 25-28 MT
  • Packaging Type (Product & Country Specific): 200 Kg Drum


Incoterms Referenced in LABSA Price Reporting

Shipping Term  Location  Definition 
Ex-Gandhidham  Gandhidham, India  Domestically traded LABSA price in Gandhidham 
Ex-Kolkata  Kolkata, India  Domestically traded LABSA price in Kolkata 
Ex-West India  West India  Domestically traded LABSA price in West India 
Ex-East India  East India  Domestically traded LABSA price in East India 
FOB Mundra  Mundra, India  LABSA export price from India 
CIF Santos (India)  Santos, Brazil  LABSA import price in Brazil from India 
CIF Manila (India)  Manila, Philippines  LABSA import price in Philippines from India 
CIF Colombo (India)  Colombo, Sri Lanka  LABSA import price in Sri Lanka from India 

*Quotation Terms refers to the quantity range specified for the LABSA being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for LABSA packing, ease of handling, transportation, and storage in industrial and commercial applications.

Linear Alkyl Benzene Sulphonic Acid (LABSA) Manufacturers and their brands

Brand Name  Manufacturer 
Nipol®  New India Detergents Pvt Ltd 
NA  Indian Phosphate Ltd. (IPhL) 
NA  M.N. Surfactants Pvt. Ltd. 
Buna SE  Standard Surfa Chem India Pvt. Ltd. (SSCI) 
Europrene  Fogla Group (Fogla Corp) 
KER  Eastman 
NA  BASF AG 
NA  Kao Chemicals 
INDIAPOL  Tianjin Sanhuan Chemical 
Reflex Stylamer  Jiangsu Kangxiang Group Company 

Linear Alkyl Benzene Sulphonic Acid (labsa) Industrial Applications

LABSA market share end use

Historically, several events have caused significant fluctuations in Linear Alkyl Benzene Sulphonic Acid (labsa) prices

Crude Oil Price Volatility & Sulphur Feedstock Tightness (2021 – Present) 

As crude oil prices fluctuated post-pandemic, feedstock prices for LABSA especially LAB and Sulphuric acid became unstable. Global shipping bottlenecks, container shortages, and rising freight rates further strained supply chains. At the same time, growing detergent and cleaning product demand in both industrial and household sectors intensified raw material consumption. These pressures collectively pushed LABSA prices higher and made procurement unpredictable, especially in countries relying on imports of either LAB or sulphur.

Russia-Ukraine Conflict (2022 – Ongoing) 

The geopolitical tension in Eastern Europe significantly affected global energy prices, which in turn impacted the cost of LABSA’s upstream raw materials primarily Linear Alkyl Benzene (LAB) and Sulphuric acid. High crude oil prices raised the cost of LAB, while trade sanctions and disrupted logistics chains affected the import of sulphur and sulphuric acid. These factors drove up production costs, causing sharp upward price trends for LABSA in key markets like India, the Middle East, and Southeast Asia.

COVID-19 Pandemic (Since 2020) 

The pandemic led to severe disruptions in supply chains and manufacturing across the globe. LABSA production was affected by temporary plant shutdowns and labour shortages. However, demand surged due to increased consumption of cleaning agents, disinfectants, and household detergents products where LABSA is a critical surfactant. This dual effect of constrained supply and spiking demand resulted in volatile price movements and periodic shortages in the global and domestic markets.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global linear alkyl benzene sulphonic acid (labsa) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the linear alkyl benzene sulphonic acid (labsa) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence linear alkyl benzene sulphonic acid (labsa) prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely linear alkyl benzene sulphonic acid (labsa) market data.

Track PriceWatch's linear alkyl benzene sulphonic acid (labsa) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Linear Alkyl Benzene Sulphonic Acid (LABSA) production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
  • Supply Chain Monitoring: We track the entire Linear Alkyl Benzene Sulphonic Acid (LABSA) supply chain, from raw material availability (e.g., LAB) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes and production of benzene. which can significantly impact Linear Alkyl Benzene Sulphonic Acid (LABSA) prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Linear Alkyl Benzene Sulphonic Acid (LABSA) production facilities, particularly in vulnerable regions like the India East Coast. These events are factored into our price forecasts and supply outlooks.
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., Personal care & Cosmetics, Industrial cleaners, Detergents and cleaning products and household cleaners), to predict shifts in Linear Alkyl Benzene Sulphonic Acid (LABSA) demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Linear Alkyl Benzene Sulphonic Acid (LABSA) production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Linear Alkyl Benzene Sulphonic Acid (LABSA) production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Linear Alkyl Benzene Sulphonic Acid (LABSA) pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Linear Alkyl Benzene Sulphonic Acid (LABSA) prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Linear Alkyl Benzene Sulphonic Acid (LABSA) pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Linear Alkyl Benzene Sulphonic Acid (labsa) Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for linear alkyl benzene sulphonic acid (labsa). PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The price of LABSA is influenced by several factors, including the cost of raw materials like Linear Alkyl Benzene (LAB), which is derived from petrochemicals such as benzene and olefins. Fluctuations in crude oil prices, supply-demand dynamics, and production costs in the chemical industry also play a major role. Additionally, changes in transportation and logistics costs, regulatory restrictions, and environmental compliance can further affect the pricing. Understanding these factors helps procurement heads anticipate price shifts and manage their budget more effectively.

Global demand significantly impacts LABSA pricing. As LABSA is a key ingredient in detergents and cleaning products, rising demand from industries such as household cleaning, personal care, and industrial cleaning boosts the need for LABSA. When demand spikes, especially in fast-growing markets like Asia-Pacific, it can lead to supply shortages and higher prices. Procurement heads should monitor global market trends to predict demand-driven price changes and secure contracts accordingly to avoid paying a premium.

Procurement teams can secure the best pricing for LABSA by building strong relationships with suppliers, negotiating long-term contracts to lock in stable prices, and diversifying their supplier base to reduce dependency on a single source. Keeping an eye on market trends, such as feedstock price movements and global demand shifts, allows procurement heads to time their purchases more strategically. Collaborating with suppliers to ensure a reliable and cost-effective supply chain is also key in securing favourable LABSA pricing.