The pandemic had a significant impact on major industries and economies, including the barium nitrate market. The implementation of nationwide lockdowns resulted in the closure of factories and businesses, as well as disruptions in raw material transportation. It had an impact on global production and supply chain management of goods and services. Furthermore, pyrotechnics such as crackers and explosives have been banned in several economies to assist COVID patients suffering from breathing problems. In the final quarter of 2021, the price of barium nitrate witnessed an upward trajectory, with an average price of 669 USD/MT.
Procurement Resource provides latest prices of Barium Nitrate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Barium Nitrate for several regions around the globe, which are as follows:
About Barium Nitrate:
Barium nitrate is an inorganic compound. It's colourless, poisonous, and water-soluble, like other barium salts. It is an oxidizer that burns with a green flame and is often used in pyrotechnics.
Two processes begin with barium carbonate to produce barium nitrate. The first step is to dissolve barium carbonate in nitric acid, allowing any iron impurities to precipitate before filtering, evaporateing, and crystallising. The second method involves combining barium sulphide and nitric acid to produce barium nitrate.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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