Product
Sodium Chlorate Price Trend and Forecast
Sodium Chlorate Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of SLES (Sodium Lauryl Ether Sulfate) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Sodium Chlorate Price Trend for the First Half of 2023
Asia
Initially, in the first quarter, the price trend of sodium chlorate inclined owing to the stable equilibrium of supply-demand market dynamics. But soon, a drastic decline in the trend was caused by the high overflow of inventory levels even when the demand from the detergents and paper industries was strong. However, the situation improved in the second quarter as the prices of sodium chlorate moved towards a stable trend.
The demand from downstream industries remained strong till May, which reduced the level of stockpiles. In June, the price trend of sodium chlorate was challenged by the weak rates of production and low support from the feedstock materials.
Europe
In European nations, the price trend of sodium chlorate showed signs of improvement in the first quarter of 2023. The number of new orders from the detergents and paper industries supported the growth of the sodium chlorate price trend. The level of inventories in this quarter was also low, which further led to the positive movement of sodium chlorate prices. This trend continued in the second quarter too.
The inclining demand and strong market momentum helped the sodium chlorate market to incline. In addition to this, the rise in the cost of feedstock materials also led to the positive movement of the prices of sodium chlorate.
North America
In North America, the sodium chlorate market spiked rapidly with the demand from the detergents and paper industries, while the supply chains remained restricted throughout the quarter. In the second quarter, there was a slight glitch in the month of May, but majorly, the price trend of sodium chlorate remained afloat. In April, the incline was major as the overall market activities had a positive impact on the price trend. After the slump in May, the trend improved again and remained bullish overall.
Analyst Insight
According to Procurement Resource, the price trend of Sodium Chlorate is estimated to depict an inclining trajectory with consistent demand from the downstream industries and positive sentiments shown by the feedstock materials.
Procurement Resource provides latest prices of Sodium Chlorate. 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.
About
Sodium chlorate has the appearance of a white crystalline powder that is easily miscible in water. It is naturally hygroscopic. Sodium chlorate is available in the form of dust, spray, and granules. It decomposes at temperatures above 300°C, releasing oxygen and leaving sodium chloride behind. It is widely produced, particularly for use in bleaching pulp to produce high-brightness paper.
Product Details
| Report Features | Details |
| Product Name | Sodium Chlorate |
| Industrial Uses | Pulp and Bleaching Industry, Chlorates of Other Metals, Leather Tanning, Dyes |
| Chemical Formula | NaClO3 |
| Synonyms | Sodium chlorate(V) |
| Molecular Weight | 106.44 g mol−1 |
| Supplier Database | Eka Chemicals, Erco Worldwide, Canexus, Kemira Oyj, China First Chemical Holdings Limited |
| 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.
Production Processes
- Sodium Chlorate Production from Sodium Chloride
A typical electrolysis procedure is used to produce sodium chlorate from sodium chloride. To remove contaminants, salt is first dissolved and then purified. The refined salt is dissolved in chlorate electrolyte and circulated through the electrolyte system. Prior to electrolysis, HCL is added to the electrolyte. When water is reduced on the cathodes and chloride ions are oxidised on the anodes, hydrogen gas is produced. To eliminate chlorine, the gas from the electrolytic cells and reactor tanks is washed with alkaline. The vacuum crystallizer discharges a sodium chlorate crystal slurry.
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).
Table Of Contents
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