Welcome to
On Feet Nation
ayan Online
Khalid Shaikh Online
Thomas Shaw Online
For the Quarter Ending June 2023
North America
In the second quarter of 2023, the US Sodium Gluconate market experienced a mixed performance. After an initial price increase in April, the overall trend showed a decline. In the beginning of the quarter, the price rose due to high base prices set by local mills and reduced delivery time, which positively impacted market sentiment. However, economic instability caused by the debt crisis resulting from major bank failures led to a decline in market sentiment for Sodium Gluconate. The inflation rate rose, and the US Federal Reserve increased interest rates, affecting buyer confidence and leading to a sluggish spot market. Decreased employment rates also resulted in decreased demand in the US spot market. To address high inventory levels, the US government imposed countervailing duties on imports from overseas suppliers. At the end of the quarter, the government signed a deal to extend the debt crisis, raising hopes for improvement in the upcoming quarter.
APAC
During the second quarter of 2023, the Asian Sodium Gluconate market experienced a bearish trend. Decreased demand from the printing and metal treatment industry led to a decline in prices. In both the Asian and Indian markets, the price of Sodium Gluconate decreased due to inflationary pressure and increased production costs. Despite sufficient supply, high inventories at the port resulted in selling the product at cheaper rates. The Chinese economy performed poorly, with low purchasing activity and slower GDP growth. At the end of the quarter, the price of Sodium Gluconate FOB Qingdao (China) stood at USD 530/MT.
Get Real Time Prices of Sodium Gluconate: https://www.chemanalyst.com/Pricing-data/sodium-gluconate-1414
Europe
In the second quarter, the price of Sodium Gluconate in Europe initially increased but later experienced an overall decline. The growth rate in the downstream automotive industry drove demand and led to an increase in prices in April. However, the economic downturn in the global market negatively affected market sentiment in the latter half of the quarter. Labor shortages and reduced construction projects impacted consumption and led to higher inventory levels. Dumping duties imposed by the European Union on imported Sodium Gluconate from Chinese and Indian markets further affected the industry. Plans to increase interest rates by the Italian government resulted in hesitancy from buyers, leading to decreased offer prices from Italian steel mills.
About Us:
ChemAnalyst is an online platform offering a comprehensive range of market analysis and pricing services, as well as up-to-date news and deals from the chemical and petrochemical industry, globally.
Being awarded ‘The Product Innovator of the Year, 2023’, ChemAnalyst is an indispensable tool for navigating the risks of today's ever-changing chemicals market.
The platform helps companies strategize and formulate their chemical procurement by tracking real time prices of more than 400 chemicals in more than 25 countries.
ChemAnalyst also provides market analysis for more than 1000 chemical commodities covering multifaceted parameters including Production, Demand, Supply, Plant Operating Rate, Imports, Exports, and much more. The users will not only be able to analyse historical data but will also get to inspect detailed forecasts for upto 10 years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.
Contact Us:
ChemAnalyst
GmbH - S-01, 2.floor, Subbelrather Straße,
15a Cologne, 50823, Germany
Call: +49-221-6505-8833
Email: [email protected]
Website: https://www.chemanalyst.com
like to have you share some stories/information. I know my audience would value your work. If you are even remotely interested, feel free to shoot me an e 英文補習
I truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You’ve made my day! Thx again! “Every time we remember to say thank you, we experience nothing less than heaven on earth.” by Sarah Ban Breathnach. tvp funding
Everyone loves many of the discussions, I actually experienced, I'd prefer additional information in regards to this, for the reason that it is awesome., With thanks to get spreading. sex nhật bản
Promptly your blog might irrefutably typically possibly be visible related to each one of blog site people today, on account of diligent studies and as well lab tests. sex nhật bản
Hi there, just became aware of your blog through Google, and found that it is really informative. I¡¦m gonna watch out for brussels. I¡¦ll appreciate if you continue this in future. A lot of people will be benefited from your writing. Cheers! sex 18+
I think that thanks for the valuabe information and insights you have so provided here. 에볼루션카지노
I’ve been exploring for a bit for any high quality articles or blog posts on this sort of area . Exploring in Yahoo I at last stumbled upon this site. Reading this info So i’m satisfied to convey that I’ve an incredibly good uncanny feeling I came upon just what I needed. I most surely will make sure to don’t overlook this website and give it a look regularly. diseño web CDMX
You have some honest ideas here. I done a research on the issue and discovered most peoples will agree with your blog. After that early period, the Beatles evolved considerably over the years. daman games
© 2024 Created by PH the vintage.
Powered by
You need to be a member of On Feet Nation to add comments!
Join On Feet Nation