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Sodium Hydroxide Price Trend and Forecast
Sodium Hydroxide Price Trend and Forecast
Sodium Hydroxide Regional Price Overview
Get the latest insights on price movement and trend analysis of Sodium Hydroxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
In the first quarter of 2022, variations in the market for sodium hydroxide, also known as caustic soda, were seen in China. Due to scheduled turnarounds in the USA that raised the demand for exports from India and China, the overall price trend of the chemical in the Asian market followed an upward trajectory.
Sodium Hydroxide Price Chart
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Additionally, January saw a reduction in the overall price trend due to fewer inquiries and enough material supply from Chinese manufacturers. The product's demand was seen to be weaker than anticipated. Due to reduced demand from downstream sectors like pulp & paper, textile, and alumina, sodium hydroxide prices also decreased during the first week of March. In the month of March, sodium hydroxide flakes were estimated to cost USD 517/MT FOB Qingdao.
2020 saw a negative impact on the global sodium hydroxide market as a result of the unheard-of COVID-19 decline. Due to the nationwide lockdowns that the government authorities imposed, several businesses, end-user industries, and other facilities were severely impacted all over the world. Due to the scarcity of raw materials, the building and construction, textile, pulp and paper, and other downstream industries showed a downward trend.
Procurement Resource provides latest prices of Sodium Hydroxide. 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 Sodium Hydroxide
Sodium hydroxide, also known as lye or caustic soda, is an inorganic compound. It appears to be a white solid ionic compound composed of sodium cations (Na+) and hydroxide anions (OH). It is a crystalline solid that melts without decomposition at 318 °C or 604 °F and boils at 388 °C or 2,530 °F. Sodium hydroxide is a highly caustic base and an alkali that decomposes proteins at normal room temperature. It is highly miscible in water and readily absorbs moisture and CO2 from the air. It is, however, insoluble in ether and other non-polar solvents.
Sodium Hydroxide Product Details
| Report Features | Details |
| Product Name | Sodium Hydroxide |
| Industrial Uses | Personal Care, Pharmaceutical, Pulp & Paper, Textile |
| Chemical Formula | NaOH |
| Synonyms | Caustic soda, Sodium hydrate, Soda lye, White caustic |
| Molecular Weight | 40 g/mol |
| Supplier Database | The DOW Chemical Company, BASF SE, Ciech S.A., Gujarat Alkalies and Chemicals Limited, Kemira Chemicals, Inc., Shandong Haihua Group Co., Ltd., INEOS Newton Aycliffe Ltd., Solvay Chemicals |
| 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 Hydroxide Production Processes
- Production of Sodium Hydroxide from Chlor-Alkali Process
This procedure involves the electrolysis of sodium chloride (brine). As a result, three products are produced: hydrogen, chlorine, and sodium hydroxide. The cathode and anode release hydrogen and chlorine, respectively, while the solution contains sodium hydroxide.
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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