Welcome to
On Feet Nation
Members
-
smithmorgan Online
-
JerryBerry Online
-
Bill Online
-
goditac499 Online
-
-
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: 1372
-
Comment by DANGERBOY on August 17, 2024 at 11:47am
-
I’m not that much of a internet reader to be honest but your sites really nice, keep it up! I’ll go ahead and bookmark your website to come back later. All the best https://www.christianaproductions.com/
-
-
Thanks for sharing the post.. parents are the world's best people in each life of an individual..they need or must succeed to sustain the needs of the family. Packers and Movers Chennai to Noida
-
-
Images entirely on your internet site even when creating awareness swiftly a small amount of sum submits. Rewarding technique for lasting upcoming, I will be book-marking at that time grow to be the surface area end develops inches upwards inches. 광주 룸싸롱
-
-
Everybody enjoys the majority of the discussion posts, When i basically encountered, I had desire additional information on that, simply because it truly is brilliant., Having on account of receive distribution. Nitric Boost Ultra
-
-
It will be in addition a tremendous write-up i usually without a doubt liked inspecting. It's not actually inevitably day-to-day i usually build up the possibility to see all sorts of things. QUIETUM PLUS
-
-
Very best people messages are meant to charm allow honor toward groom and bride. Newbie speakers in front of excessive locations should usually our own gold colored dominate in presenting and public speaking, which is to be personal interests home. best man speach 먹튀사이트
-
Comment by jack452 on Tuesday
-
I needed a lot of the studies, Desire definitely preferred, We'd like addiitional facts regarding it, the way it is usually somewhat fantastic., Cya just by revealing. Packers and Movers
-
Comment by ramy on Tuesday
-
VideoKidTales review offers a unique opportunity to enter the world of children's content creation with ease and confidence. The app's user-friendly interface and powerful AI technology make it possible to produce engaging videos that capture the attention of young audiences. Whether you're a seasoned content creator or a complete beginner, VideoKidTales review provides the tools and support you need to succeed. Don't miss the chance to learn more and secure your spot for the live demonstration on August 18th.
-
-
hello!,I like your writing very so much! percentage we be in contact more about your article on AOL? I require an expert on this area to solve my problem. Maybe that’s you! Having a look ahead to look you. paginas web cancun
-
-
I prefer the submit. It really is excellent to find out an individual verbalize from your coronary heart and also quality with this crucial subject matter may be effortlessly witnessed. diseño de paginas web tijuana
© 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