The sodium chlorate price index in the Asia-Pacific region initially saw a Q1 uptrend influenced by balanced supply and demand dynamics. However, a significant decline followed due to excessive inventory levels despite robust demand from the detergents and paper industries. The situation saw improvement in Q2 as prices stabilized, supported by sustained downstream demand until May and a reduction in stockpiles. Challenges emerged in June due to weakened production rates and inadequate feedstock support.
In Europe, the sodium chlorate price index saw improvement in Q1 driven by new orders from the detergents and paper industries, along with low inventory levels. This momentum continued into Q2 with rising demand and increasing feedstock costs.
In North America, Q1 witnessed a surge in demand for sodium chlorate from the detergents and paper sectors, with Q2 maintaining upward stability despite minor disruptions.
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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 chart, 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 extensive usage across various industries owing to its potent oxidizing and chemical attributes. Within the paper and pulp sector, it plays a pivotal role in the bleaching process, aiding in the removal of impurities and color from pulp, thus facilitating the production of premium paper products. Furthermore, it serves as a robust oxidizing agent in water treatment applications, effectively eliminating organic contaminants and bacteria. In the realm of dye and pigment manufacturing, sodium chlorate serves as a crucial intermediate for producing vibrant colorants. Its utility further extends to the production of herbicides, defoliants, and explosives. Given its efficacy as an oxidizer and its diverse applications, sodium chlorate stands as a highly valuable compound across a spectrum of industries.
Key Players:
- Eka Chemicals
- Erco Worldwide
- Canexus
- Kemira Oyj
- China First Chemical Holdings Limited
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