Product
Potassium Chlorate Price Trend and Forecast
Potassium Chlorate Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Potassium Chlorate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
Due to strong demand, imports from China and India increased, which resulted in higher prices for potassium chlorate. The higher demand for potassium in the downstream agricultural, soap, and detergent sectors led to an increase in the price of this raw material in India during the quarter ending March 2022.
The price of potassium chlorate increased dramatically in the Asian market during the second quarter of 2022 averaging 50025 INR/MT Ex-Ahmedabad, India. Price hikes for potassium chlorate were seen in the Chinese market due to a limited and constrained supply.
Europe
In Germany, the price of potassium chlorate was estimated in the first quarter of 2022 at 315 USD/MT FOB Hamburg, recording a rise of 2.6% from prices in the fourth quarter of 2021. Belarus, which is a major exporter of KCl, had an impact on prices because Belarusian export restrictions on potash limited market sentiment globally. During Q2 2022, the price of potassium chlorate increased averaging 540 USD/MT owing to the mismatch in market dynamics.
North America
By the end of the first quarter of 2022, the price of potassium chlorate in the USA had risen to 750 USD/MT DEL Illinois. Farmers were reported struggling with fertiliser costs even while domestic demand for agricultural products remained high.
The price of potassium chlorate increased in the second quarter of 2022 averaging 605 USD/MT DEL Illinois registering a quarterly increase of 12.8%. Since the downstream sector procurement was tightly mandated by the customers and overall inventory levels were generally low, price trends in the market increased.
Procurement Resource provides latest prices of Potassium 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
Potassium chlorate is a highly flammable white crystalline solid. It is a compound containing potassium, chlorine and oxygen and is a potent oxidizing agent. Prolonged exposure to heat, friction or combustible substances may cause the solid to explode violently; hence, it should be handled with extreme caution.
Product Details
| Report Features | Details |
| Product Name | Potassium Chlorate |
| HS CODE | 28291920 |
| CAS Number | 3811-04-9 |
| Industrial Uses | Explosives, Match Sticks, Oxidizer, Textiles, Paper and Pulp, Personal and Home Care |
| Chemical Formula | KClO3 |
| Synonyms | Berthollet salt, Chlorate of potash |
| Molecular Weight | 122.54 g/mol |
| Supplier Database | Evonik Industries, LG Chem, Dow Chemical, E. I. du Pont de Nemours and Company, Mitsubishi Chemical, BASF |
| 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
- Production of Potassium Chlorate from Esterification
NaClO3 and KCl are fed into the electrolytic cell, where they undergo double displacement. The product mixture is separated via fractional distillation. The potassium chlorate obtained undergoes vacuum crystallization followed by centrifugation and drying.
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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