
Sulfate costs, influenced by the interactions of sulfuric acid with different metal compounds, mainly rely on the changes in sulfuric acid prices. The first quarter saw a steady sentiment and supply-demand balance, affected by reduced purchases and increased upstream expenses despite consistent energy and transportation costs. Despite ample stockpiles, the subdued interest from cosmetics and detergents kept demand weak. This led to a varied, inconsistent trend that settled in Q1 but dipped in Q2, driving prices downward.
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Definition
Sulfates are chemical compounds formed when sulfuric acid reacts with other substances, such as metal oxides or hydroxides. They play diverse roles in industries, including cosmetics, detergents, and construction. Sulfates find application as surfactants, electrolytes, and catalysts, contributing to various products and processes in multiple sectors.
Key Details About the Sulfates 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 Sulfates 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 Sulfates Price analysis, including India Sulfates price, USA Sulfates 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 Sulfates Price Trend:
Sulfates play crucial roles across various industries. Within cosmetics and personal care, they serve as surfactants and stabilizers. In the realm of detergents, they assist in cleaning by minimizing water’s surface tension. In construction, they play a part in the solidification of concrete. Furthermore, they act as electrolytes in batteries and catalysts in chemical reactions, showcasing their broad and adaptable industrial importance.
Key Players:
- BASF SE
- Domo Chemicals
- SABIC
- Honeywell International Inc
- Sumitomo Chemical Co., Ltd
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