Evonik is expanding downstream processing at its Fermas site in Slovakia for biosurfactants and pharmaceutical ingredients, adding commercial output. The capacity increase raises available supply of these specialty chemicals, likely putting downward pressure on prices.
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.
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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.
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.
Sodium Percarbonate appears as a colourless, crystalline solid. It is formed by the addition of sodium carbonate and hydrogen peroxide. It is a hygroscopic and water-soluble solid. It is often abbreviated as SPC and contains 32.5% by weight of hydrogen peroxide. Sodium Percarbonate is often utilised in some eco-friendly bleaches.
C2H6Na4O12
Detergent industry, Antifreezing, Agriculture industry, Bleaching, Oxidising/reducing agents, Plating agents and surface treating agents, Chemical synthesis, Toothpastes
Oxyper, Perdox, 15630-89-4, Sodium carbonate peroxide, FB Sodium percarbonate
Acros Organics, OCI Peroxygens LLC, PJSC Khimprom, Ak-Kim Kimya, Hodogaya Chemical Co., Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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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 Percarbonate is often made by reacting anhydrous or hydrated sodium carbonate (with 75 to 90% by wt. Na2 CO3) with a concentrated hydrogen peroxide solution of 50-80% by wt. and evaporating the small quantities of liberated water during the reaction.
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