Sodium Ethoxide Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Sodium Ethoxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Sodium Ethoxide Price Trend for the Second Half of 2024
Asia
During the latter part of 2024, Sodium Ethoxide prices in Asia trended downward, primarily influenced by declining ethanol prices, its key feedstock. In China, a leading ethanol producer, ethanol prices weakened due to reduced demand and surplus supply from domestic manufacturers, which directly impacted Sodium Ethoxide prices.
Sodium Ethoxide Price Chart
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The price curve showed a consistent decline, with occasional stabilization periods caused by supply chain disruptions due to heavy monsoons and cyclones. As the upstream ethanol market continued to decline, Sodium Ethoxide prices followed the same trajectory. Towards the end of the quarter, prices showed a slight rebound as traders offered discounts to clear inventories.
Europe
In Europe, Sodium Ethoxide prices fluctuated, largely mirroring global market trends. The price graph reflected some volatility due to rising raw material costs and transportation challenges in the previous quarter, which disrupted ethanol supply chains. However, the overall trend remained downward, influenced by weak demand in major sectors such as pharmaceuticals and food. Consumer buying remained subdued, contributing to sustained price declines. Some price upticks were observed in the last quarter due to pre-festive purchases, but weak upstream market conditions prevented significant recovery.
North America
In North America, Sodium Ethoxide prices followed an erratic pattern in the second half of 2024, ultimately trending downward in line with the U.S. ethanol market. The price trajectory experienced sporadic spikes followed by steady declines as the market adjusted to supply chain disruptions and ethanol supply changes. Earlier in the year, ethanol prices saw an increase, followed by a correction in the latter half, which was reflected in Sodium Ethoxide prices. Consequently, the price analysis indicated that manufacturers initially faced cost pressures before prices fell and stabilized toward the end of the year.
Analyst Insight
According to Procurement Resource, slight improvement is expected in the sodium ethoxide pricing dynamics going forward as the demand outlook appears supportive.
Procurement Resource provides latest prices of Sodium Ethoxide. 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.
Sodium ethoxide (NaOEt) is an inorganic compound formed by reacting sodium metal with ethanol. It appears as a white, solid substance and is highly reactive, especially with water, releasing hydrogen gas. Sodium ethoxide is commonly used as a strong base and catalyst in organic synthesis, particularly in the preparation of ethanol derivatives and as a reagent in the production of biodiesel. It also plays a role in deprotonation reactions and other transformations in organic chemistry.
Report Features | Details |
Product Name | Sodium Ethoxide |
CAS number | 141-52-6 |
HS Code | 29051990 |
Synonyms | Ethoxide of sodium, Sodium ethylate, Sodium ethanolate |
Supplier Database | Alfa Aesar, ChemSpider, TCI Chemicals, VWR, Santa Cruz Biotechnology, Merck, Spectrum Chemical, Tokyo Chemical Industry |
Chemical Formula | CH3CH2ONa |
Molecular Weight | 68.05 |
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.
Sodium ethoxide (NaOEt) has several important industrial applications. It is widely used as a strong base and catalyst in the production of biodiesel through transesterification, where it helps convert triglycerides into fatty acid methyl esters (biodiesel). Additionally, it is utilized in organic synthesis to produce ethanol derivatives, pharmaceuticals, and in the preparation of various chemicals like ethyl esters. Sodium ethoxide also serves in deprotonation reactions and as a reagent in polymerization processes, contributing to the manufacture of plastics and other materials.
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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