Sodium Perchlorate Price Trend and Forecast

Sodium Perchlorate Regional Price Overview

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

Sodium Perchlorate Price Trend for First Half of 2023

Asia

In the Asia-Pacific countries, the prices of sodium perchlorate rose initially in the first quarter due to a surge in consumption rates but failed to maintain the momentum. The interest of consumers declined gradually while the stockpiles of inventories rose consistently, causing a fall in the price trend of sodium perchlorate. In the second quarter, the trend stabilized with consistent demand from the detergent and paper industries. In the month of June, the trend took a bearish turn again due to alterations in energy prices.
 

Sodium Perchlorate Price Chart

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Europe

The European countries witnessed a positive momentum of sodium perchlorate price trend in the first quarter of 2023 as the demand inclined consistently. In the second quarter, too, the price trend grew primarily on account of strong demand from the paper and related sectors.

The rise in feedstock costs and major developments in the water treatment industries also supported the rise in the prices of sodium perchlorate. The supply of crude-based products in the region also followed an uncertain trend, which in turn helped in the rise in the price trend of sodium perchlorate.

North America

In the first quarter, the sales of detergents and paper industries inclined remarkably, which supported the rise in the prices of sodium perchlorate. The existing level of inventories was not sufficient to cater to the rising demand from the downstream industries, which also gave a boost to the momentum of sodium perchlorate prices.

The bullish trend continued in the second quarter, too, as the existing rising demand was accompanied by the reduction in freight charges. Further, the supply of sodium perchlorate was hindered by the regulations imposed by OPEC+, which also led to the rise in the prices of sodium perchlorate.

Analyst Insight

According to Procurement Resource, the price trend of Sodium perchlorate is estimated to follow an inclining journey as the performance of detergent and paper industries will boost the demand for sodium perchlorate.

Procurement Resource provides latest prices of Sodium Perchlorate. 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.