Potassium Permanganate Price Trend and Forecast

Potassium Permanganate Regional Price Overview

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

Potassium Permanganate Price Trend for First Half of 2023

Asia

In the first quarter of 2023, the potassium permanganate market in Asia experienced mixed sentiments. It initially showed an upward trend driven by increasing potash ore costs but later faced a decline due to government sanctions on Belarus imports and oversupply in the region. These challenges from downstream industries continued into the second quarter, aggravated by a weakened fertilizer sector and declining consumer confidence, all contributing to the fall in potassium permanganate prices.
 

Potassium Permanganate Price Chart

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Europe

In Europe, the market exhibited a southward movement due to consistently falling feedstock material prices. In addition to this, growing inventories, trade sanctions, and reduced inquiries also aided the downfall of the potassium permanganate price trend. Further, the fertilizer sector also underperformed in European countries and, because of rising inflation and adverse economic conditions, pushed the potassium permanganate prices in the negative zone.

North America

The potassium permanganate prices gradually declined in both the first and second quarters of 2023. This falling trend of potassium permanganate prices was primarily attributed to sluggish demand from downstream industries, especially the fertilizers sector, and ample product availability in the region. Additionally, the influx of cheap imports from Asian, African, and South American markets contributed significantly to the decline in potassium permanganate prices.

Analyst Insight

According to Procurement Resource, the price trend of Potassium permanganate is expected to witness a negative growth rate due to the degraded performance of the downstream industries.

Procurement Resource provides latest prices of Potassium Permanganate. 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.