sodium chloride Pricing Assessment

Markets Covered:

United States

India

Sodium Chloride Price Trend, Analysis and Forecast

In Q1 2024, the global Sodium Chloride market exhibited a slight decrease of 0.55% in prices, with India reporting Sodium Chloride prices at INR 3953/MT. This trend reflected a stabilization compared to the previous quarter, influenced by a combination of factors including adequate domestic production and reduced export demand. Meanwhile, in the USA, the market faced similar conditions, with sufficient stock levels helping to keep prices steady. However, ongoing challenges such as rising production costs and weather-related disruptions in mining areas continued to exert pressure on the market.

Moving into Q2 2024, Sodium Chloride prices in India rose to INR 4356/MT, demonstrating an increased trend of 10% from Q1. This increase was driven by a rebound in demand from key industries such as food processing and chemical manufacturing, along with the seasonal uptick in consumption. Additionally, increased exports due to a resurgence in international demand contributed to this price growth. In the USA, similar trends were observed, with regional markets experiencing a rise in prices due to enhanced demand from various sectors.

By August 2024, Sodium Chloride prices in India reported at INR 4538/MT, marking an increase stabilized by 0.6% from July. This rise can be attributed to robust global demand, particularly from the food industry, as well as a rise in freight costs impacting imported supplies. In the USA, the abundant supply scenario continued to play a crucial role in maintaining price stability, although local demand pressures kept prices on a slight upward trajectory.

Looking ahead to Q4 2024, the Sodium Chloride market is expected to experience continued upward pressure on prices. Factors contributing to this trend may include heightened demand from the food and beverage sector during the holiday season, potential weather-related disruptions in production, and rising transportation costs.

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is your trusted resource for tracking global sodium chloride price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the sodium chloride market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

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Track 's sodium chloride 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.

Historically, several events have caused significant fluctuations in sodium chloride prices

Russia-Ukraine Conflict (2022-Present): The conflict led to disruptions in global trade routes, particularly affecting European salt supplies. This created supply shortages and caused Sodium Chloride prices to spike due to reduced availability.

COVID-19 Pandemic (2020): While demand for Sodium Chloride initially fell due to slowed industrial activity, it rebounded as its role in essential sectors like food processing and pharmaceuticals grew. Increased packaging and disinfectant production also spurred demand, leading to price fluctuations.

Geopolitical Tensions (2018-2019): U.S.-China trade wars disrupted global supply chains, affecting Sodium Chloride exports and imports. This led to price instability, especially in countries reliant on imports for industrial uses.

Indian Salt Export Challenges (2017): Due to monsoon-related production issues and rising domestic demand, India’s salt exports faced a crunch, creating global supply shortages and driving prices higher, particularly in Asia.

These events highlight the Sodium Chloride market’s sensitivity to weather conditions, geopolitical issues, and global trade dynamics, reinforcing the need for vigilant market monitoring.

Methodology and Specifications

sodium chloride Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: gathers real-time Sodium Chloride pricing data from a variety of trusted sources, including global commodity markets, industry reports, and proprietary databases. This ensures our price assessments reflect the most up-to-date market conditions for Sodium Chloride.

On-the-Ground Intelligence: Our team collects direct insights from key market players, including producers, suppliers, traders, and end-users across major Sodium Chloride production hubs. This field-level information helps us understand localized market dynamics.

Supply Chain Monitoring: We closely track the Sodium Chloride supply chain, from mining and extraction of salt to its processing and distribution. This includes monitoring changes in production, transportation, and logistics, as well as raw material factors like energy and transportation costs.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical events, such as international trade disputes and conflicts, that could disrupt the supply of Sodium Chloride, particularly from major producers. Our analysis evaluates potential impacts on supply chains and pricing.

Weather and Climate Events: We assess the impact of climate-related events, such as monsoons in India or winter storms in the U.S., which can disrupt Sodium Chloride production or raise demand for de-icing salt. These factors are carefully integrated into our price forecasts.

Global Trade and Economic Trends: also monitors broader economic developments, such as fluctuations in global trade policies, inflation, and sector-specific demand, to predict shifts in Sodium Chloride consumption and pricing. This helps us understand how industries like food processing and pharmaceuticals affect Sodium Chloride demand.

Production Capacity and Supply Analysis

Current Production Monitoring: Our research includes tracking global Sodium Chloride production facilities, assessing their operational status, output levels, and any maintenance shutdowns. This gives us an accurate picture of current supply availability.

Future Capacity Projections: provides detailed forecasts for future Sodium Chloride production capacities, including new mining projects and facility expansions. These projections allow us to anticipate future supply trends and potential price movements.

Demand Forecasting

Sectoral Demand Analysis: We offer in-depth analysis of demand trends across industries where Sodium Chloride is a key input, such as food processing, chemical manufacturing, and pharmaceuticals. We monitor annual demand growth and project future consumption patterns based on economic indicators and industry-specific developments.

Global Demand Dynamics: Our methodology also considers regional demand variations, considering how factors such as changes in industrial output, government regulations, or seasonal demand (e.g., winter road salting) impact Sodium Chloride pricing globally.

Pricing Model Development

Dynamic Pricing Models: uses advanced pricing models to forecast Sodium Chloride prices. These models are based on real-time data, historical pricing trends, and projected market conditions, and are regularly refined to maintain accuracy.

Scenario Analysis: We perform scenario-based evaluations to assess potential future market conditions. These scenarios help our clients prepare for best-case, worst-case, and most-likely outcomes in the Sodium Chloride market.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, forecasts for future pricing, and deep analysis of the factors driving market trends. These reports are designed to provide actionable insights and strategic recommendations.

Ongoing Support: offers continuous updates and personalized client support, ensuring that you have access to the latest market information. Our experts are available to discuss market developments and offer tailored advice to meet your specific business needs.

This research methodology ensures that delivers accurate, timely, and actionable Sodium Chloride pricing assessments, helping you stay ahead of market trends and make informed decisions.

Specifications

Molecular Weight[g/mol]

58.44

CAS No

7647-14-5

HS Code

25010090

Molecular Formula

NaCl

sodium chloride

Sodium Chloride, commonly known as salt, is a white crystalline solid primarily used in industrial and food sector. It is naturally sourced from seawater and rock salt deposits and is also produced synthetically in some cases. Sodium Chloride is a key raw material in various industries due to its versatile chemical properties.

Packaging Type

HDPE Bag (50 Kg)

Grades Covered

Industrial Grade (Powder, Uncrushed, Vacuum and Open Pan salt)

Incoterms Used

FOB Houston, and Ex-Vadodara

Synonym

NaCl, Common Salt, Table Salt, Rock Salt, Sea Salt

Quotation Terms:

20-25 MT (Domestic), 25-30 MT (Export-Import)

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.

Sr. No.	Parameters	Unit	Standard	Actual Found
1	Appearance		White Crystalline free flow & free from clay girt, etc -impurities	White Crystalline free flow & free from clay girt, etc -impurities
2	Particle size
	Passing through 850 Mic	%	99±1	99
	Passing through 150	%	Max.10	6.5
3	Moisture	%	Max 0.5	0.3
4	Water Insoluble	%	Max 0.10	0.05
5	Sodium Chloride as a NaCl	%	Min 99	99.15
6	Calcium As a Ca++	%	Max 0.10	0.09
7	Magnesium As a Mg++	%	Max 0.06	0.058
8	Total Sulphate (As a So4–)	%	Max 0.40	0.29
9	Alkalinity (As a Na2C03)	%	Max 0.10	0.1
11	Lead (As a Pb)	PPM	Max 2	less than 2 ppm
12	Arsenic (As a As)	PPM	Max 1	less than 1 ppm
13	Iron (As a Fe)	PPM	Max 50	less than 50 ppm
14	pH (5% Aqua Sol’n)		7±0.5	7
15	Black Particle	Nos	20/ Per Kg	14

Applications

Sodium Chloride is widely used in a variety of industries. In the chemical industry, it serves as a key raw material in the production of Chlorine, Caustic Soda (Sodium Hydroxide), and other Sodium-based compounds. It is essential in water treatment plants for softening water, and in the food processing industry as a preservative and flavour enhancer. The pharmaceutical industry uses Sodium Chloride in the formulation of saline solutions and medical treatments. Additionally, it is used extensively in de-icing roads and highways during winter, and in oil drilling operations as a component of drilling fluids. It also plays a role in the leather tanning industry and in the manufacture of detergents and soaps.

Disclaimer

Sodium Chloride price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for sodium chloride. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What key factors influence Sodium Chloride prices in the global market? +

Sodium Chloride prices are influenced by several factors, including raw material availability, production costs, transportation expenses, and demand from key industries such as food processing, chemical manufacturing, and de-icing. Seasonal demand fluctuations, particularly in winter for road de-icing, and geopolitical events can also impact pricing. Additionally, regulatory changes regarding food safety and environmental standards may affect production practices and costs.

How does global supply and demand impact Sodium Chloride pricing trends? +

The balance between supply and demand plays a crucial role in determining Sodium Chloride prices. When demand from major markets, like the USA and India, rises-especially for industrial and food-grade applications-prices tend to increase. Conversely, abundant supply from producers can lead to a decrease in prices. Procurement heads should closely monitor global production levels and consumption trends to anticipate price movements and manage their purchasing strategies effectively.

What regional price differences for Sodium Chloride should procurement heads be aware of? +

Sodium Chloride prices can vary significantly across regions due to differences in production capacities, local demand, and transportation costs. For example, prices in the USA may differ from those in India, reflecting varying market dynamics and production methods. Procurement teams should analyse these regional price differences to optimize sourcing strategies, potentially exploring cost-effective suppliers in regions with lower prices or higher production efficiencies.