Sodium Hypochlorite Prices In USA
- United States: $365 /MT
The price of sodium hypochlorite in the United States for Q4 2023 reached $365 /MT in November.
The latest report by IMARC Group, titled "Sodium Hypochlorite Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of the sodium hypochlorite prices. This report delves into globally, presenting a detailed analysis, along with informative Price Chart. Through comprehensive Price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Sodium Hypochlorite Prices Analysis:
- China: $330 /MT
- Europe: $410 /MT
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The study delves into the factors affecting sodium hypochlorite price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/sodium-hypochlorite-pricing-report/requestsample
Sodium Hypochlorite Price Trend- Last Quarter
In the second quarter of 2024, a combination of supply chain dynamics, demand, and regional economic variables propelled the sodium hypochlorite market. Along with geopolitical unpredictability and the start of hurricane season, North America's production plant shutdowns limited supply, which drove up prices. Forward purchasing in reaction to higher prices for natural gas and crude oil led to a rise in demand from downstream businesses like water treatment. Because of consistent industrial and municipal demand for water treatment, effective distribution networks, and constant energy prices, the market in the Asia-Pacific area stayed more stable.
In contrast, Europe saw a bear market that was mostly brought on by a decline in the chlor-alkali industry, higher natural gas prices as a result of the conflict in Ukraine, and higher freight costs. Due to these causes, there was a major decrease in price and restrictions on supply. Different economic and supply chain conditions led to a combination of regional stability and volatility in the overall market in Q2.
Sodium Hypochlorite Industry Analysis
In Q2 2024, a few significant factors in North America affected the price of sodium hypochlorite. At first, lower electricity costs drove down prices, but production plant shutdowns disrupted supplies, offsetting this. Concerns about the storm season and geopolitical tensions had an additional effect on supply chains. As a result of higher prices for natural gas and crude oil, water treatment facilities increased their demand and started to engage in forward buying. Together, these elements produced a price environment that was both variable and largely favorable. The steady demand for water treatment and steady energy prices kept the sodium hypochlorite market in APAC steady. With adequate production and effective delivery throughout the region, the supply side was stable. Despite seasonal obstacles like flooding, China witnessed very little change in prices. Due to well-managed supply and demand, the area was able to preserve a balanced market with modest price reductions and generally steady trends.
In Q2 2024, there was a decline in the price of sodium hypochlorite in Europe. Production costs were greatly impacted by the slowdown in the chlor-alkali business as well as the high natural gas prices brought on by the crisis in Ukraine. Plant closures, including Nubian's declaration of a force majeure, made supply shortages worse, and increased freight costs from significant exporters like China and Canada put more pressure on pricing. In Germany, the market was bearish, with high levels of inventories and slow domestic production as a result of high energy costs, which caused an 8% cumulative decline in prices.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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