China sodium lauryl sulfate export price trend and market insight report

Dear overseas customers:

The following is a research report on the market price trend and export data of sodium lauryl sulfate (SDS) in China in 2024, and the impact of the global economic situation on the market price trend is analyzed.

SDS price trend in China market:

In 2024, the price of Chinese SDS market experienced certain fluctuations. In June, the price of domestic SDS was 12,000 RMB/ton

. With changes in the global economic situation, especially the combination of raw material costs, supply and demand, global economic conditions and industry policies, SDS prices showed a volatile trend from July to November. By November, the factory price of domestic SDS in Suzhou, Jiangsu Province was 16,000 RMB/ton

, showing an upward trend in prices.

The impact of the global economic situation on SDS market price trends:

Economic growth and Inflation:  Global economic growth in 2024 is expected to remain moderate, but differentiated by region. Global inflation is expected to reach a three-year low, which has an impact on SDS production costs and market prices, reducing cost pressures

Supply Chain and Trade:  The continued easing of global supply chain disruptions will help stabilize the supply of SDS, but it is also important to note the uncertainty of global trade growth, which may affect the international trade flow of SDS

Monetary policy:  The divergence in the pace of normalization of global monetary policy, the continuation of the interest rate cut cycle in the United States and Europe, which may affect global capital liquidity, in turn, have an indirect impact on the market price of chemicals such as SDS

Commodity Prices:  Global commodity prices are diverging, with downward pressure on crude oil prices in particular, which could impact SDS 'production costs and market prices

China SDS export data:

The situation of China's SDS exports during 2019-2024 shows the important position of China in the global SDS market. The comparison of domestic and foreign demand in China's SDS market shows significant differences and complementarities. In terms of domestic market demand, with the continuous and stable growth of China's economy and the continuous improvement of residents' living standards, SDS, as an important chemical raw material, has shown strong demand growth momentum in many fields

Expected future price movements:

Given the moderate growth in the global economic situation, the decline in inflation, the stability of the supply chain, and the normalization of monetary policy, it is expected that the Chinese SDS market price will continue to be influenced by these macroeconomic indicators. As the global economy moves towards a new equilibrium, the SDS market may undergo price adjustments to accommodate changes in supply and demand and cost fluctuations. Overseas customers are advised to pay close attention to market dynamics in order to make reasonable purchasing decisions.

Wish all the best!

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