In the Asia-Pacific region, the sodium chlorate price index initially experienced an upward trend in Q1, driven by a balanced supply and demand. However, it sharply declined later in the quarter due to excessive inventory, despite strong demand from the detergents and paper industries. The situation improved in Q2, with stabilizing prices, sustained downstream demand until May, and reduced stockpiles. The challenge in June stemmed from weak production rates and inadequate feedstock support.

In Europe, the sodium chlorate price index showed improvement in Q1, propelled by new orders from the detergents and paper industries, low inventories, and continued into Q2 with rising demand and feedstock costs. Meanwhile, North America experienced a surge in Q1 demand from detergents and paper industries, and Q2 maintained upward stability despite minor disruptions in the sodium chlorate price index.

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Definition

Sodium chlorate is a chemical compound with the formula NaClO3. It is a white crystalline solid with strong oxidizing properties. Sodium chlorate is soluble in water and commonly used in various industrial applications, including paper and pulp bleaching, water treatment, and as an intermediate in dye and pigment production. Its oxidizing nature makes it suitable for herbicides and defoliants, as well as in the production of explosives. Sodium chlorate's versatility stems from its ability to release oxygen when heated, contributing to its usefulness in a wide range of applications.

Key Details About the Sodium Chlorate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Sodium Chlorate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Sodium Chlorate Price chart, including India Sodium Chlorate price, USA Sodium Chlorate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Sodium Chlorate Price Trend:

Sodium chlorate finds extensive applications in various industries owing to its potent oxidizing and chemical properties. Within the paper and pulp industry, it plays a pivotal role in the bleaching process, facilitating the removal of color and impurities from pulp, thereby contributing to the production of high-quality paper products. Furthermore, it serves as a robust oxidizing agent in water treatment applications, effectively eliminating organic contaminants and bacteria. In the realm of dye and pigment manufacturing, sodium chlorate serves as an intermediate for producing colorants. Its utility also extends to the production of herbicides, defoliants, and explosives. The compound's efficacy as an oxidizer and its versatile applications establish sodium chlorate as a valuable component across multiple industrial sectors.

Key Players:

  • Eka Chemicals
  • Erco Worldwide
  • Canexus
  • Kemira Oyj
  • China First Chemical Holdings Limited

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