sodium gluconate Pricing Assessment

Markets Covered:

China

India

Vietnam

Brazil

Indonesia

Malaysia

Philippines

Mexico

Peru

Saudi Arabia

Turkey

Sodium Gluconate Price Trend, Analysis and Forecast

In China, Q1 2024 Sodium Gluconate prices dropped 10% compared to Q3 2023 due to reduced demand in key end-use industries, including food, construction, and textiles, where consumption has significantly slowed.

In China, Q2 2024 Sodium Gluconate prices increased by 1% compared to Q1 2024. Despite this slight price rise, demand from key end-use industries like food, construction, and textiles remains low, with limited consumption across these sectors due to reduced industrial activity and market conditions.

In China, Q3 2024 Sodium Gluconate prices rose by 6% compared to Q2 2024. This increase was driven by very high demand across key end-use industries, including food, construction, and textiles, as industrial activity surged, leading to greater consumption of Sodium Gluconate in these sectors. Additionally, the construction boom and an uptick in textile production, alongside the food industry’s growing reliance on additives, further contributed to the price rise. Supply constraints and rising production costs also played a role in the upward price movement during this period.

In China, Sodium Gluconate prices are forecasted to decrease by Q4 2024 as demand weakens across key end-use industries, including food, construction, and textiles. With very low consumption anticipated in these sectors, driven by slow industrial activity and reduced production needs, the market is expected to face declining prices toward the end of the year. Lower demand and possibly improved supply conditions are expected to further contribute to this price reduction.

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

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence sodium gluconate prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely sodium gluconate market data.

Track 's sodium gluconate 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 gluconate prices

Russia-Ukraine Conflict (2022): The Russia-Ukraine conflict, which began in 2022, had a significant impact on global markets, including the sodium gluconate industry. Disruptions in supply chains, particularly in raw materials and energy, led to increased production costs. This, in turn, affected sodium gluconate prices, causing a rise due to higher manufacturing and transportation expenses. Additionally, the conflict contributed to economic uncertainty and reduced industrial activity in some regions, which led to fluctuations in demand. Consequently, sodium gluconate prices were volatile, with upward pressure in some periods and stabilization as supply chains adjusted.

Texas Winter Storm (2021): The Texas Winter Storm of 2021 had a notable impact on sodium gluconate prices, particularly in the region. The storm caused widespread power outages, disruptions in production, and significant damage to infrastructure, leading to supply chain disruptions across various industries. As a result, the cost of raw materials, energy, and transportation increased sharply. This put upward pressure on sodium gluconate prices throughout the year, as manufacturers struggled to meet demand while dealing with limited production capabilities. Supply shortages, particularly in petrochemical and chemical production facilities, exacerbated the situation. In 2021, sodium gluconate prices saw a consistent increase, reflecting both the impact of the storm and the broader challenges faced by the chemical industry in Texas and beyond.

COVID-19 Pandemic (2020): During the COVID-19 pandemic in 2020, sodium gluconate prices experienced a decline due to very low demand across key industries. With reduced industrial activity, especially in construction, textiles, and food production, consumption of sodium gluconate dropped significantly. Lockdowns, economic uncertainty, and supply chain disruptions further hindered production and demand, leading to a decrease in prices throughout the year as market conditions remained weak.

Geopolitical Tensions (2018-2019): Geopolitical tensions between 2018-2019, particularly trade conflicts and instability in key regions, contributed to increased sodium gluconate prices. Tariffs, sanctions, and disruptions in global trade networks, especially involving major chemical producers, led to higher production costs. This resulted in price hikes as supply chains were strained, affecting market stability across various regions.

Shale Gas Boom (2010s): The shale gas boom in the 2010s significantly impacted sodium gluconate prices by reducing energy costs, which are crucial for chemical production. This led to lower production expenses, contributing to a stabilization of sodium gluconate prices. In the food and textile industries, where sodium gluconate is used as a stabilizer and in dyeing processes, the reduced energy costs allowed for more affordable production. As a result, sodium gluconate prices were relatively stable throughout the 2010s, benefiting from cheaper raw materials and energy inputs, thus supporting demand in these sectors.

Global Financial Crisis (2008-2009): During the Global Financial Crisis (2008-2009), sodium gluconate prices were largely affected by the global economic slowdown. The crisis led to reduced industrial activity, which caused a significant drop in demand across key sectors like construction, textiles, and food production. As a result, sodium gluconate prices decreased due to lower consumption and tightened budgets in many industries. Additionally, the financial instability led to supply chain disruptions and uncertainty in raw material prices, further contributing to market volatility. However, the decrease in demand and production capacity led to a stabilization of prices in the latter part of 2009 as industries adapted to the new economic conditions.

Hurricane Katrina (2005): Hurricane Katrina, which struck in 2005, had a significant impact on sodium gluconate prices due to the widespread disruption of production and supply chains. The storm caused extensive damage to key chemical production facilities, particularly in the Gulf Coast, which is a major hub for petrochemical industries. This disruption led to increased production costs and limited supply of raw materials, putting upward pressure on sodium gluconate prices. Additionally, transportation bottlenecks and fuel shortages further exacerbated the price rise. While demand remained relatively stable in industries like construction and textiles, the supply constraints resulted in higher prices for sodium gluconate throughout the affected period in 2005.

Oil Price Shocks (1970s-1980s): During the oil price shocks of the 1970s and 1980s, sodium gluconate prices were significantly impacted due to the sharp rise in energy costs. As oil prices surged, production and transportation costs for chemicals, including sodium gluconate, increased. The global supply chain for raw materials was disrupted, leading to higher production expenses. Additionally, industries that heavily rely on sodium gluconate, such as construction and textiles, faced cost pressures, which contributed to a rise in the overall price of sodium gluconate. The oil price shocks resulted in prolonged inflationary effects on chemical markets, including a steady increase in sodium gluconate prices throughout the 1970s and 1980s.

These events underscore the sodium gluconate market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Methodology and Specifications

sodium gluconate Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major melamine production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Sodium gluconate supply chain, from raw material availability (e.g., Glucose) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact melamine prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on melamine production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g. food construction textile), to predict shifts in sodium gluconate demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global melamine production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming melamine production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, food, textile and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global melamine pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast melamine prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable sodium gluconate pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

218.14g/mol

CAS No

527-0-1

HS Code

29181690

Molecular Formula

C6H11Nao7

sodium gluconate

Sodium Gluconate is a versatile chelating agent and food additive, widely used for its ability to improve solubility and stability in various formulations. It is produced through the fermentation of glucose, providing a sustainable and effective source. Sodium Gluconate is used in industries such as construction, pharmaceuticals, and food processing for water treatment, cement admixtures, and as a preservative.

Packaging Type

25 KG Bag

Grades Covered

Industrial Grade

Incoterms Used

FOB China, CIF Nhava Sheva (China), CIF Jakarta (China), CIF Manila (China), CIF Hai Phong (Vietnam), CIF Santos (China), CIF Port Kelang (China), CIF Manzanillo (China), CIF Callao (China), CIF Mersin (China), CIF Jeddah (China)

Synonym

D-Gluconic acid 

Quotation Terms:

25-28 MT

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.

Item	Standard	Results
Description	White crystalline powder	Meets the requirement
Heavy metals (mg/kg)	<5	<2
Lead (mg/kg)	<1	<1
Arsenic (mg/kg)	<1	<1
chloride	<0.007%	<0.5%
Sulphate	<0.05%	<0.005%
Reducing Substance	<0.5%	<0.3%
PH	6.5-8.5	7.1
Loss on drying	<1.0%	<0.5%
Assay	98%-102%	99.3%
Conclusion	Complies with requirements of Industry grade

Applications

Sodium gluconate has a wide range of applications across various industries due to its unique properties as a chelating agent, dispersing agent, and stabilizer. Here are some key applications. Sodium gluconate is commonly used in concrete admixtures to improve workability, reduce water content, and control the setting time of concrete. It helps produce high-strength and durable concrete, especially in the construction of large infrastructure projects. In water treatment, sodium gluconate acts as a chelating agent to remove metal ions from water and prevent scale formation. It is used in industrial water systems, cooling towers, and boiler systems to enhance water quality. Sodium gluconate is used in cleaning products due to its ability to bind with metal ions and enhance the effectiveness of detergents. It is often included in formulations for household and industrial cleaners, particularly those for hard water stains. In the food industry, sodium gluconate is used as a food additive to enhance flavor and preserve the quality of products. It acts as a sequestrant, stabilizer, and preservative in canned foods, beverages, and processed food products. Sodium gluconate is used in the textile industry for dyeing and finishing processes. It helps improve color retention and fabric quality by chelating metal ions that can interfere with dyeing processes. It is used in the pharmaceutical industry for its chelating properties, particularly in formulations aimed at treating heavy metal toxicity or as a stabilizer for certain drug formulations.

Disclaimer

Sodium Gluconate 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 gluconate. 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 are the main factors influencing the price of sodium gluconate? +

The price of sodium gluconate is influenced by several key factors, including raw material costs (such as glucose), energy prices, and transportation expenses. Additionally, supply-demand imbalances, global geopolitical tensions, and fluctuations in the chemical industry can lead to price volatility. Procurement heads should closely monitor market trends and forecast changes to make informed purchasing decisions and secure competitive pricing for sodium gluconate.

How can procurement teams manage sodium gluconate price fluctuations? +

To manage sodium gluconate price fluctuations, procurement teams should develop long-term contracts with reliable suppliers, negotiate bulk discounts, and maintain strategic stock levels. By monitoring market trends, including raw material price changes and regional supply disruptions, procurement heads can plan ahead and secure more favorable pricing. Diversifying supply sources and maintaining strong supplier relationships also helps mitigate risks associated with price volatility.

What role does global supply chain disruption play in sodium gluconate pricing? +

Global supply chain disruptions, such as natural disasters, trade restrictions, or geopolitical conflicts, can significantly impact sodium gluconate pricing. These disruptions may lead to delays in raw material deliveries, increased transportation costs, or limited production capacity, causing price hikes. Procurement teams need to stay informed about global events and build contingency plans, such as securing alternative suppliers or exploring regional sourcing options, to minimize the impact on pricing.