Sodium Chlorite Price Trend and Forecast

Regional Price Overview

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

Sodium Chlorite Price Trend for the First Half of 2023

Asia

Sodium Chlorite experienced a mixed price pattern in the Asian region during the first half of 2023. The market started slow at the beginning of the first quarter as the demands were really sluggish, but the disinfectant and bleaching industries started picking pace and substantially pushed the Sodium Chlorite prices up in the middle of quarter one. However, these surges were short-lived as they decreased upstream costs because cheaper feedstock and freight reduced the cost support and ramped up production activities, oversupplying the inventories. These instances put the Sodium Chlorite prices on a declining trajectory, and these sliding trends continued for the rest of the second quarter as well.

Europe

The market started strong in January’23 because the production costs rose substantially under inflationary pressure as crude oil and energy prices were constantly high. But from the middle of Q1, the Sodium Chlorite market started facing a destructive situation from lackluster demands. The prices started declining, and the availability of cheaper Asian imports provided a further downward push to the Sodium Chlorite price trends. These trends continued for the rest of the said period, till the end of the second quarter. Overall, low swinging market sentiment was observed.

North America

In an almost similar run to the European Sodium Chlorite market, the North American market also exhibited mixed price trends. Prices inclined for most of the first quarter since the demands from downstream bleaching and disinfectant industries were high. But from the end of Q1 to the end of Q2, prices fell constantly as the inventory levels increased, trampling the buyer sentiment with decreased profit margins.

Analyst insight

According to Procurement Resource, the price trends for Sodium Chlorite are expected to continue a similar fluctuating pattern as the downstream demands and inventory stocks continue to remain volatile.

Procurement Resource provides latest prices of Sodium Chlorite. 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.