In Q1 2023, Asia's methyl ester sulphonate price trend faced stagnation due to excess fatty acid-based raw materials, causing surplus manufacturing. Mid-Q1 saw slight stabilization due to improved downstream demand and China's holiday-induced feedstock reduction. Strong demand and limited supply drove price rise into H1 Q2. Conversely, H2 Q2 experienced a decline due to weak downstream offtakes and challenging market dynamics. European methyl ester sulphonate prices were impacted by high inflation and surplus feedstocks in Q1. Declining consumer purchasing power, manufacturing rates, and end-user interest contributed to the decline. North America's Q1 saw increased downstream purchases, aiding price growth, but Q2 suffered from a weak economy, bank failures, and governmental intervention impacting price trends.
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Definition
Methyl ester sulphonate is a chemical compound used in various industrial applications, primarily as a surfactant and foaming agent in detergents and cleaning products. It is derived from natural fatty acids and exhibits excellent detergency and emulsification properties. Methyl ester sulphonate enhances the removal of dirt, oil, and stains from surfaces due to its ability to reduce surface tension and improve water's wetting capabilities. Its properties make it effective in both household and industrial cleaning, contributing to the formulation of effective and environmentally friendly cleaning solutions.
Key Details About the Methyl Ester Sulphonate Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Methyl Ester Sulphonate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Methyl Ester Sulphonate Price chart, including India Methyl Ester Sulphonate price, USA Methyl Ester Sulphonate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Methyl Ester Sulphonate Price Trend:
The Methyl Ester Sulphonate (MES) plays a crucial role in various industrial settings, particularly in formulating detergents and cleaning products. As a potent surfactant, MES contributes to efficient soil removal and emulsification, thereby improving the cleaning performance of laundry detergents, dishwashing liquids, and household cleaners. Its distinctive properties, including the ability to reduce surface tension, promote even wetting, and facilitate the dispersion of oils and stains, enhance its effectiveness.
Key Players:
- Chemithon Corporation
- Wilmar International Limited
- KLK Oleo
- Stepan Company
- Lion Corporation
- Zanyu Technology Group CO Ltd
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