Welcome to
On Feet Nation
Members
Blog Posts
Top Content
Sodium Gluconate Prices, Pricing, Demand & Supply, Market Analysis | ChemAnalyst
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
Views: 1128
-
Comment by jack on May 26, 2024 at 3:11am
-
I have to admit that i sometimes get bored to read the whole thing but i think you can add some value. Bravo ! brians club
-
-
I'm keen on the various blogposts, When i severely preferred, I'd prefer specifics about the item, due to the fact it is superb., Best wishes concerning producing. Gauravbahl
-
-
I am very happy to discover your post as it will become on top in my collection of favorite blogs to visit. 美容儀器價格
-
-
Merely wanna state that this is very beneficial , Thanks for taking your time to write this. https://www.pcsc-id.com/
-
Comment by jack452 on May 28, 2024 at 4:07am
-
Quickly your website can irrefutably acquire well known being among the most regarding submitting buyers, due to its thorough content articles or simply just essential critiques. ວີຊາàºàº³àº›àº¹à»€àºˆàº ສຳ ລັບພົນລະà»...
-
-
VYou really should join in a contest for just one of the most useful blogs on-line. I’ll recommend this site! best bird feeders
-
-
Rapidly this kind of link may well irrefutably find yourself famous among each creating many individuals, as a result of thorough posts and also critiques and also scores. 오피사이트
-
-
In the realm of sports betting, every bookie seeks an edge, a competitive advantage that sets them apart in a crowded market. Amidst this quest for superiority, one offer stands out as a beacon of opportunity: the 6 Weeks Free Promo of Pay per head free trial (PPH) services by Ace Per Head. Pay per head free trial
-
-
if you always use your swimming pools, you will need to use some quality pool cleaner a lot“ alarm systems windsor
-
-
This weblog generally seems to obtain a large ammount of visitors. How do you get people to it? It includes a good individual twist on things. I suppose having something authentic or substantial to express is an essential factor. https://wctechhelp.com/
© 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