Sodium Sulfate Prices, Trends & Forecasts | Provided by Procurement Resource

Sodium Sulfate Prices, Trends & Forecasts | Provided by Procurement Resource

In Asia, the Sodium Sulfate market has displayed remarkable versatility across a range of sectors including coatings, chemicals, and construction. Following the reopening of China post COVID-19 restrictions in Q1 2023, the market witnessed a surge in demand from downstream industries, sparking optimism. Initially, price inclines reflected this robust demand.

However, by the end of Q2, the market saw a shift towards declining prices due to excess inventory and a stable but non-growing demand. Similarly, Europe experienced fluctuating Sodium Sulfate prices during the first half of 2023. Despite sporadic downstream support, the normalization of trade post the Russian-Ukrainian conflict led to varied price swings. North America mirrored European trends, with stable supply-demand dynamics resulting in modest price fluctuations.

The Sodium Sulfate price index fluctuated in response to changing market conditions, reflecting the interplay of supply, demand, and geopolitical factors.

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Definition

Sodium Sulfate, chemically represented as Na2SO4, is a white crystalline compound. It’s used in diverse industries such as chemicals, textiles, and detergents for its cleaning, drying, and reactive properties. As a versatile inorganic salt, it finds applications in various processes ranging from manufacturing to research, owing to its solubility and chemical reactivity.

Key Details About the Sodium Sulfate 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 the Sodium Sulfate 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 Sodium Sulfate Price chart, including India Sodium Sulfate price, USA Sodium Sulfate 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 Sodium Sulfate Price Trend:

Sodium sulfate plays vital roles across several industries. In the detergent industry, it boosts cleaning effectiveness by preventing dirt redeposition. Textile manufacturers use it to facilitate dye penetration and enhance color fastness. Furthermore, it is utilized in paper manufacturing, glass production, and chemical synthesis, underscoring its broad industrial importance.

Key Players:

  • Acros Organic
  • American Elements
  • Charkit Chemical Company LLC
  • Penta Manufacturing Company

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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

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