Sodium Lignosulphonate market dynamics sustained an uptrend during Q2 2022 in the USA, owing to high inflationary pressure amidst stable demand from the country's construction sector. A steep rise in the price of several commodities was observed during the past few months under the steep increase in upstream natural gas costs. It observed that natural gas prices witnessed a steep price escalation during the quarter's final month, which compelled manufacturers to raise their product prices to sustain profitability. However, despite high inflationary pressure, Sodium Lignosulphonate prices remained stable during June 2022 due to ample inventories amidst mild demand from the domestic market. As per the ChemAnalyst data, the Sodium Lignosulphonate price hovered around USD 846/MT during May 2022.
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Demand, majorly driven by the recovering construction sector led the prices to rise and reach USD 305/MT in the Chinese Market during March. Similarly, in Indian markets prices rose by more than 7% within the quarter and hovered around USD 569/MT.