Sodium Chlorate Price Chart, Historical and Forecast Analysis | Procurement Resource

In the Asia-Pacific region, the sodium chlorate prices initially rose in Q1 due to a balanced supply and demand scenario. However, they experienced a significant drop later on, mainly because of excessive inventory levels despite robust demand from the detergent and paper industries. The situation ameliorated in Q2 as prices stabilized, supported by consistent demand until May and decreased stockpiles. Challenges emerged in June due to sluggish production rates and insufficient support from raw materials.

Meanwhile, European sodium chlorate prices saw an uptick in Q1 driven by fresh orders from the detergent and paper industries, coupled with low inventory levels. This positive trend continued into Q2 with escalating demand and increasing costs of raw materials.

In North America, Q1 witnessed a surge in demand from the detergent and paper sectors. Despite some minor disruptions, Q2 maintained a stable upward trajectory.

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Definition

Sodium chlorate is a chemical compound with the formula NaClO3. It is a white crystalline solid with strong oxidizing properties. Sodium chlorate is soluble in water and commonly used in various industrial applications, including paper and pulp bleaching, water treatment, and as an intermediate in dye and pigment production. Its oxidizing nature makes it suitable for herbicides and defoliants, as well as in the production of explosives. Sodium chlorate’s versatility stems from its ability to release oxygen when heated, contributing to its usefulness in a wide range of applications.

Key Details About the Sodium Chlorate 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 Sodium Chlorate 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 Chlorate Price trends, including India Sodium Chlorate price, USA Sodium Chlorate 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 Chlorate Price Trend:

Sodium chlorate finds widespread application across industries due to its potent oxidizing and chemical attributes. Within the paper and pulp sector, it plays a pivotal role in the bleaching process, facilitating the removal of impurities and color from pulp, thereby contributing to the creation of top-tier paper goods. Moreover, it serves as a robust oxidizing agent in water treatment, effectively eradicating organic contaminants and bacteria. Its significance extends to the realm of dye and pigment manufacturing, serving as a crucial intermediate for producing various colorants. Beyond these uses, sodium chlorate is integral in the production of herbicides, defoliants, and explosives. Its exceptional efficacy as an oxidizer and its diverse applications underscore its immense value across multiple industrial sectors.

Key Players:

• Eka Chemicals
• Erco Worldwide
• Canexus
• Kemira Oyj
• China First Chemical Holdings Limited

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