Looking ahead to Q4 2024, the Sodium Chlorate market is expected to face various pressures that could influence pricing behaviour. Anticipated seasonal increases in demand from the agricultural and chemical sectors, coupled with potential production constraints due to regulatory changes or maintenance schedules, may create upward pressure on prices. Additionally, ongoing geopolitical factors and the need for sustainable practices in production could further impact market dynamics, leading to an interesting end to the year.
As of July 2024, the market showed signs of recovery, with prices for Sodium Chlorate reported at USD 665/MT, indicating an increase stabilized by 2.3% from June. This upward trend can be attributed to improved demand from the pulp and paper industries as they ramped up production in anticipation of stronger market conditions. Global supply issues, such as transportation challenges and regional production adjustments, also contributed to this stabilization, allowing prices to reflect a healthier balance between supply and demand.
By Q2 2024, Sodium Chlorate prices in China fell to USD 655/MT, reflecting a significant decrease of 9.8% from Q1. Several factors contributed to this trend, including reduced production costs due to cheaper raw materials and a slowdown in demand from downstream users. Additionally, seasonal variations affected the market, leading to less consumption in the agricultural sector. This shift in demand, combined with adjustments in production schedules, played a crucial role in driving prices downward.
In Q1 2024, the global Sodium Chlorate market experienced a mixed trend, with prices in China, specifically East Asia, reported at USD 726/MT. This marked a decrease of 5.3% from the previous quarter, driven by lower demand in the pulp and paper industries and adjustments in production rates. Meanwhile, the construction and chemical sectors also faced fluctuations, contributing to this downward price movement. Increased competition among producers and a reassessment of inventory levels further influenced market dynamics.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Sodium Chlorate is a white, crystalline chemical compound primarily used as a strong oxidizing agent. It is highly soluble in water and is commonly used in various industrial applications.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Items | Indicators | Results |
NaClO3 % | ≥99.5 | 99.67 |
Moisture Content % | ≤0.10 | 0.023 |
Water Insoluble % | ≤0.01 | 0.003 |
Chloride (in Cl) % | ≤0.15 | 0.030 |
Sulphate (in SO4) % | ≤0.01 | <0.01 |
Chromate (in CrO4) % | ≤0.005 | 0.0015 |
Iron (Fe) % | ≤0.005 | 0.0013 |
Applications
Sodium Chlorate is widely used in the pulp and paper industry as a bleaching agent, where it helps to whiten wood pulp during the production of paper. It is also utilized in the manufacture of herbicides and as an oxidizing agent in chemical reactions. Additionally, Sodium Chlorate serves as a disinfectant in water treatment processes, helping to eliminate bacteria and other contaminants. Other applications include its use in the production of Chlorine Dioxide, which is essential for various industrial processes, and in the textile industry for bleaching fabrics.
These events illustrate the Sodium Chlorate market’s sensitivity to various factors and emphasize the importance of ongoing monitoring of supply and demand dynamics to navigate future price changes effectively.
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PriceWatch is your trusted resource for tracking global sodium chlorate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the sodium chlorate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence sodium chlorate prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely sodium chlorate market data.
Track PriceWatch's sodium chlorate price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Sodium Chlorate pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Sodium Chlorate is a white, crystalline chemical compound primarily used as a strong oxidizing agent. It is highly soluble in water and is commonly used in various industrial applications.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Items | Indicators | Results |
NaClO3 % | ≥99.5 | 99.67 |
Moisture Content % | ≤0.10 | 0.023 |
Water Insoluble % | ≤0.01 | 0.003 |
Chloride (in Cl) % | ≤0.15 | 0.030 |
Sulphate (in SO4) % | ≤0.01 | <0.01 |
Chromate (in CrO4) % | ≤0.005 | 0.0015 |
Iron (Fe) % | ≤0.005 | 0.0013 |
Applications
Sodium Chlorate is widely used in the pulp and paper industry as a bleaching agent, where it helps to whiten wood pulp during the production of paper. It is also utilized in the manufacture of herbicides and as an oxidizing agent in chemical reactions. Additionally, Sodium Chlorate serves as a disinfectant in water treatment processes, helping to eliminate bacteria and other contaminants. Other applications include its use in the production of Chlorine Dioxide, which is essential for various industrial processes, and in the textile industry for bleaching fabrics.
Sodium Chlorate prices are influenced by several key factors, including raw material costs, production capacity, and demand from major end-use industries such as pulp and paper, water treatment, and agrochemicals. Additionally, fluctuations in transportation and logistics costs, environmental regulations, and geopolitical tensions can impact pricing. Monitoring these factors helps procurement heads manage costs effectively.
Production capacity plays a crucial role in determining Sodium Chlorate prices. When production facilities expand or new plants are built, it can lead to an abundant supply, which may result in a slight decrease in prices. Conversely, any production disruptions due to maintenance issues or raw material shortages can tighten supply and cause price increases. Procurement heads should keep an eye on capacity changes to anticipate market fluctuations.
Sodium Chlorate prices can vary regionally due to differences in production costs, local demand, and raw material availability. For example, countries like China and the USA may have different pricing dynamics based on their production capabilities and market conditions. Understanding these regional price differences allows procurement teams to optimize their sourcing strategies, potentially leading to cost savings by selecting suppliers from regions with competitive pricing.
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