Sodium Percarbonate Price Trend and Forecast

Sodium Percarbonate Regional Price Overview

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

Sodium Percarbonate Price Trend for the Second Half of 2023
 
Sodium percarbonate prices were observed to be fluctuating throughout the second half of the year 2023. In the Asian market, particularly China, the third quarter was still a little positively inclined as the feedstock soda ash and hydrogen peroxide costs showed an uptick during this time.

The manufacturing costs increased for manufacturers which hindered them from reducing the prices despite humble demands. Moving forward, however, the geopolitical uncertainties and other major events in the fourth quarter didn’t let the demands improve. Especially for the offshore trade the orders declined significantly from the European markets. This was happening in the wake of the rising Israel and Hamas conflict.

The European region was still coming to terms with the Russia and Ukraine war when the Red Sea crisis emerged. Suez Canal, the major maritime gateway between Europe and Asia, saw a significant decline in vessel volumes. Thus, the otherwise expected rise in sodium percarbonate demands could not be seen. Prices took a serious downfall in the final quarter of 2023. Overall, the markets remained anchored for most of the H2’23.

Analyst Insight

According to Procurement Resource, Sodium Percarbonate prices are expected to fluctuate in the coming months as well. Current supply and demand dynamics do not suggest a very high market run for the coming quarters.
 

Sodium Percarbonate Price Trend for the First Half of 2023

Sodium Percarbonate is made via the reaction of hydrogen peroxide and sodium carbonate, so the price trend are also largely determined by the market behavior of the feedstock chemicals. Both hydrogen peroxide and sodium carbonate experienced fluctuating price trend throughout the discussed period, causing the market trend for Sodium Percarbonate to oscillate simultaneously.
 

Sodium Percarbonate Price Chart

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At the beginning of the first quarter, the existing inventories could easily cater to the market demands from various downstream industries like detergent, anti-freezing, chemical, bleaching, etc. For a long time, there were no new queries, and the prices swung low. It was around the change of quarters that the Sodium Percarbonate market picked up a little with the continuous movement of stocks. Still, soon enough, the supplies again saturated the market, returning to the original price position. Overall, the market wavered at the lower end of the curve.

Analyst Insight

According to Procurement Resource, the price trend for Sodium Percarbonate are likely to fluctuate since there is not much change anticipated in the driving fundamentals.

Procurement Resource provides latest prices of Sodium Percarbonate. 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.