Product
Strontium Carbonate Price Trend and Forecast
Strontium Carbonate Price Trend and Forecast
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.
About
Strontium carbonate is an odorless, white, amorphous solid having a molecular weight of 147.63 g/mol. The compound is widely used in the manufacturing of fireworks, glass, and ceramics as a colorant and flux. It is weakly soluble in water and has a very high melting point and thus can be used in applications involving elevated temperature conditions. Strontium carbonate also has the ability to absorb excess carbon dioxide along with strong luminescence.
Product Details
| Report Features | Details |
| Product Name | Strontium carbonate |
| Chemical formula | SrCO3 |
| Industrial Uses | Fireworks, Glass and ceramics, Cathode ray tubes, Radiation detectors, Photocells, Metallurgy |
| CAS Number | 1633-05-2 |
| Molecular weight | 147.63 g/mol |
| HS Code | 28369200 |
| Supplier Database | Muby Chemicals, American Elements, Solvay, Celtic Chemicals Ltd, Sakai Chemical Industry Co Ltd, Shijiazhuang Zhengding , Hebei Xinji Chemical Group Co Ltd |
| 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.
Production Processes
The process starts with the reduction of strontium sulfate at around 950°C in the presence of coke. This reaction gives strontium sulfide as the end product that is further subjected to leaching using hot water. Further, precipitation in the presence of sodium carbonate and carbon dioxide yields strontium carbonate as the final product.
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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