Ferric Sulfate Price Trend and Forecast

Ferric Sulfate Regional Price Overview

Get the latest insights on price movement and trend analysis of Ferric Sulfate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

 

Ferric Sulfate Price Trend for the Q1 of 2024

Product Category Region Price Time Period
Ferric Sulfate Chemicals UK 365 USD/MT March 2024


Stay updated with the latest Ferric Sulfate prices, historical data, and tailored regional analysis
 

Ferric Sulfate Price Trend for the Second Half of 2023

Product Category Region Price Time Period
Ferric Sulfate Chemicals Europe 400 USD/MT July’23
Ferric Sulfate Chemicals Europe 339 USD/MT December’23


Stay updated with the latest Ferric Sulfate prices, historical data, and tailored regional analysis

Asia

Ferric sulfate market prices were observed to be oscillating during the last two quarters of 2023. Even though the market fluctuations were feeble and marginal, the price graph was uneven. Ferric sulfate prices started on a lower note in July’23 as the inventories were already running high in the Asian region, especially in the Indian and Chinese markets. So, the third quarter was largely underwhelming, with occasional lifts.
 

Ferric Sulfate Price Chart

Ferric Sulfate Price Trends and Forecast

Please Login or Subscribe to Access the Ferric Sulfate Price Chart Data
 

As the fourth quarter began, not much change was observed in the ferric sulfate prices; the demands were still dull; however, around mid-Q4, the international market’s situation worsened even more, with the continuous freight hindrances, the export queries started to dwindle even more and pushed the prices down further in the Asian markets.

Europe

The European market reflected the sluggishness of the global ferric sulfate market during the said period of H2’23. The prices wavered at the lower end of the curve here as well. The downstream dye and pigment industry was facing a demand crisis, and the supplies were also unrestricted, which pushed down the ferric sulfate prices during the said span. The supply outlook maintained this edge throughout the given period. In the UK ferric sulfate market, the monthly average prices went from about 400 USD/MT (CIF, 45% Soln) in July’23 to around 339 USD/MT (CIF, 45% Soln) in December’23.

North America

The ferric sulfate price trend for the North American market was not much different from its Asian and European counterparts. Following the global market behavior, the ferric sulfate prices were found to be swinging low throughout H2’23. The consuming industries were already offering feeble demands when the long holiday season in the fourth quarter hampered industrial activities further. Overall, tepid market sentiments were observed in H’23.

Analyst Insight

According to Procurement Resource, the ferric sulfate market prices are unlikely to get better anytime soon in the coming months; even though the suppliers have acquired a wait-and-watch approach, the existing inventories will take some more time to move.
 

Ferric Sulfate Price Trend for the First Half of 2023

Asia

In the production of ferric sulfate, sulphuric acid plays a major role, and therefore, its price trend is mainly guided by the market activities of sulphuric acid. In the first two quarters of 2023, the prices declined consistently.

The first quarter suffered the adverse effects of the rise in the level of inventories and lack of support from both the downstream and upstream industries. In the second quarter, the Japanese fertilizers and agricultural sector took a downward toll as its growth rates fell to alarming levels, negatively impacting the price trend of ferric sulfate.

Europe

The rates of exports in the first quarter of 2023 improved, but the weak movement of the European economy proved to be a problem for the ferric sulfate market activities. In both quarters of 2023, the rising level of inventories proved to be a challenge for the ferric sulfate manufacturers, and along with this, the subdued demand from the downstream industries, poor consumption rates, and declining sales of fertilizers eventually pushed the price trend of ferric sulfate in the negative zone.
                                                                 
North America

The hike in inventory levels and high uncertainties in the downstream markets led to the decline in the price trend of ferric sulfate in the first quarter of 2023. The fertilizers and chemical industries improved their market performance in the second quarter, but despite that, the price trend of ferric sulfate continued to decline. In the second quarter, the level of stockpiles, the declined interest of investors, and the dubious performance of America’s energy sector hampered the growth of the ferric sulfate price trend.

Analyst Insight

According to Procurement Resource, the price trend of Ferric Sulfate is expected to follow a southwards trajectory as the demand from the agricultural and cleaning sector and the surge in the level of inventories will affect the Ferric sulfate price trend negatively.

Procurement Resource provides latest prices of Ferric Sulfate. 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.

Platform Sample

Please Login or Subscribe to explore our dashboard.

About Ferric Sulfate

Ferric sulfate is a reddish brown solid with high solubility in water. It is commonly produced by the reaction of iron and its salts with sulfuric acid in presence of an oxidant. It can be obtained in the form of crystals, powder, or solutions. Ferric sulfate is widely employed in the treatment of wastewater as a coagulant and flocculant and also in the removal of heavy metals from liquids.

Ferric Sulfate Product Details

Report Features Details
Product Name Ferric Sulfate
Chemical formula Fe2(SO4)3
Industrial Uses Wastewater treatment, Tanning and leather production, Dyes and pigment, Reagent, Color removal
CAS Number 10028-22-5
Molecular weight 399.88 g/mol
HS Code 28332990
Synonyms Iron (III) Sulfate
Supplier Database Pencco Inc, Altivia Chemicals LLC, Hunan Yide Chemical Co Ltd, Lubon Industry Co Ltd, Chemtrade Logistics Inc
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology

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).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients

client-image

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.