Zinc Sulfate Price Trend and Forecast

Regional Market Overview

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

Zinc Sulfate Price Trend for the H1 of 2023

Asia

The price trend of zinc sulfate in the first and second quarters of 2023 was influenced by the strong consumption rates from the downstream sectors and the rose in sales of downstream products that helped in improving the market dynamics. However, in the late months of H1, the price trend of zinc sulfate fluctuated due to the ample availability of the product and the increase in supply pressure.

Europe

The rising level of inventories and striking inflation rates negatively impacted the zinc sulfate market sentiments. The region also saw a striking decline in the purchasing power of end-user sectors. However, the agrochemical industries showcased some positive movement, but it was not enough to drive the price trend of zinc sulfate.

North America

In North America, the price trend of zinc sulfate showcased a mixed trend in the prices in the first two quarters of 2023. The market in this region was highly affected by the slow movement of downstream industries. The reasons for this feeble movement of the market were the hike in interest and inflation rates, the increase in volatility of energy production costs, and strong monetary policies adopted by the government that eventually led to the falling trend in the prices of zinc sulfate.

Analyst Insight

According to Procurement Resource, the price trend of zinc sulfate is estimated to follow a downward trajectory, given the current pricing fundamentals and sluggish downstream demands.

Procurement Resource provides latest prices of Zinc 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.

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About

Zinc sulfate or ZnSO4 is a white powder or colorless crystalline solid that is extremely soluble in water. Common uses for zinc sulfate include nutritional supplements to supply the body with critical zinc nutrients, fertilizer in agriculture to make up for zinc deficiency in the soil, and industrial operations such the creation of dyes, pigments, and battery electrolytes. It is also employed in the production of other zinc compounds and in topical medical treatments.

Product Details

Report Features Details
Product Name Zinc Sulfate
Chemical Formula ZnSO4
Industrial Uses Fertilizers, Rubber, Dyeing and Printing, Pharmaceuticals, Water treatment
HS Code 28332990
Molecular weight 161.47g/mol
Synonyms White vitriol
CAS Number 7446-19-7
Supplier Database Balaji Industries, Changsha Haolin Chemicals Co Ltd, Tianjin Topfert Agrochemical Co, Rongqing Chemical Co Ltd, Clean Agro, Oasis Fine Chem
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

The process involves the submersion of zinc metal in the sulfuric acid solution. The final product of this reaction is zinc sulfate and water molecules.

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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