Strontium Carbonate Price Trend and Forecast

Strontium Carbonate Regional Price Overview

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

Strontium Carbonate Price Trend for First Half of 2023

Strontium carbonate is derived from the mineral strontianite and is widely used in the ceramics industries as a flux material. It helps in lowering the melting point of the compounds and thus aids in the formation of pigments. The prices and availability of strontium carbonate are dependent on the performance of rare earth metals.
 

Strontium Carbonate Price Chart

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In the first two quarters of 2023, due to increased supply availability in China, the strontium carbonate market witnessed a gradual decline in its price trend. The price drops of non-magnetic rare earths were steeper and, in turn, adversely affected the market sentiments of strontium carbonate.

On the other hand, the production rates remained stable during this phase, with minor output increases anticipated in Myanmar and Laos. However, due to social and environmental problems, many production and mining plants faced disruptions that hampered the overall dynamics of the strontium carbonate market.

Analyst Insight

According to Procurement Resource, the prices of Strontium carbonate are estimated to struggle as the performance of downstream sectors and environmental restrictions on the production of strontium carbonate will prove to be a challenge for the upcoming months.

Procurement Resource provides latest prices of Strontium Carbonate. 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.