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Magnesium Sulfate Price Trend and Forecast

Magnesium Sulfate Production Cost Report: Operating Costs, Logistics, Utilities, Manufacturing Process, and Raw Material Requirements See more

Procurement Resource provides latest prices of Magnesium 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.

Raw material prices, as well as energy costs, have risen dramatically in recent years, influencing the overall price of magnesium sulfate compounds.

China is the world's largest producer of magnesium compounds, and changes in Chinese policy have influenced worldwide magnesium sulfate prices and availability. Because of environmental concerns, a magnesium facility in China was shut down, affecting the price and supply of magnesia. Furthermore, the use of explosives and other machinery in magnesite mines has been restricted by the governments of many nations, resulting in a shortage of raw materials.

Prices for high-grade dead-burned magnesia were also rising, owing to strong demand and limited availability. Environmental issues in many places have a continuing impact on high-quality production and costs. As a result of market volatility and availability, the global supply of magnesium sulfate has tightened.

 

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About Magnesium Sulphate:

Magnesium Sulfate, popularly known as Epsom Salt, is an ionic salt. Epsom salt is used to neutralise soil in agriculture. In the cosmetics sector, it's also used. Other uses include pharmaceuticals, alcohol, and the tofu industry.

Product Details:

Report Features Details
Product Name Magnesium Sulfate
Industrial Uses Chemicals, Agriculture, Food additives, Pharmaceuticals
Chemical Formula MgSO4
Synonyms Heptahydrate Magnesium Sulfate, Magnesium Sulfate, Heptahydrate, Sulfate, Magnesium
Molecular Weight 120.37/mol
Supplier Database PQ Corporation, Umai Chemical Co. Ltd., Laizhou Guangcheng Chemical Co., Giles Chemical
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


Production Processes:

  • Production of Magnesium Sulfate from Magnesium Carbonate

In this method, magnesium carbonate is treated with sulfuric acid to produce magnesium sulphate.

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).

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