India's LAB prices dip amid rising imports & softening feedstock costs
India's LAB demand is rising, but prices fell from ₹132/kg (~$1.55/kg) in Jan to ₹129/kg (~$1.51/kg) in May 2025 due to weak upstream costs, rising regional supply, and cautious buyer sentiment. Imports are expected to ease with IOCL's capacity ramp-up. Prices may drop ₹3–7/kg (~$0.04–$0.08/kg) from Jun–Aug 2025 amid stable but soft LABSA demand and higher feedstock availability.
India's LAB demand is rising, but prices fell from ₹132/kg (~$1.55/kg) in Jan to ₹129/kg (~$1.51/kg) in May 2025 due to weak upstream costs, rising regional supply, and cautious buyer sentiment.
Imports are expected to ease with IOCL's capacity ramp-up.
Prices may drop ₹3–7/kg (~$0.04–$0.08/kg) from Jun–Aug 2025 amid stable but soft LABSA demand and higher feedstock availability.
