Product
Sulfates Price Trend and Forecast
Sulfates Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Sulfates in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
The salts, peroxides and acid derivatives of sulfates or sulphate ions are commonly used in the surfactant industries. The sulfates ions are obtained via sulfuric acid, metal oxide and even palm/coconut oil. Hence, the market prices of the above-mentioned feedstock govern the price trends for sulfates. The Russian invasion of Ukraine unleashed a staggering worldwide energy crisis.
The high crude oil prices, trade restrictions, heightened freight costs and journey time caused the prices of commodities to rise in the market giving way to double-digit inflation. In Europe, the price of feedstock sulfuric acid averaged 230 USD/MT FOB Hamburg while in the USA it averaged 264 USD/MT. These raised quotations were further supported by the strong downstream demand.
The prices of feedstock palm oil skyrocketed during the said period due to the absence of sunflower oil in the global market. With the Indonesian government announcing a ban on palm oil exports coupled with the floods in Malaysia, the supply lines for palm oil constricted further. The prices of the Bursa Malaysia derivative palm oil averaged a staggering 1942 USD/MT on March 1, 2022.
However, the prices relaxed towards the end of the second quarter with the removal of the export ban averaging 1554.50 USD/MT in June. Hence, owing to the inflated feedstock prices and robust demand from the personal and home-care industries the price trends for sulfates stood firm throughout the said period.
Procurement Resource provides latest prices of sulfates. 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
sulfates are polyatomic anions. They are found in nature as well as synthesised for industry. They can be found in the products of everyday use. Also, sulfates are the salts and esters of sulphuric acid, from which they can be produced. They can also be obtained from coconut or palm oil.
These compounds play a significant role in many industries because they are good emulsifiers, detergents, and foaming agents. Further, they are surfactants and their addition to products make them more effective cleaners. Sodium lauryl and sodium laureth sulphate are the most common sulphate-based ingredients in personal care products.
Product Details
| Report Features | Details |
| Product Name | Sulfates |
| Industrial Uses | Detergents, Emulsifiers, Cosmetics and personal care products, Metal salts, Algaecide |
| Chemical Formula | SO4(2−) or O4S-2 |
| Synonyms | 14808-79-8, Sulphate ion, Sulphate (2-), Sulfates |
| Molecular Weight | 96.07 g/mol |
| Supplier Database | BASF SE, Domo Chemicals, SABIC, Honeywell International Inc, Sumitomo Chemical Co., Ltd, Godavari Biorefineries Ltd. (GBL), SynQuest Laboratories (Central Glass 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 Process
- Production of sulfates from Sulphuric Acid; via Oxidation of Metal Sulphides or Sulphites; and from Coconut or Palm Oil
In order to produce sulfates from sulphuric acid, different metals, metal hydroxides or even metal oxides are treated with sulphuric acid to obtain the desired 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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