North America Sodium Silicate Prices Movement Q3:

Sodium Silicate Prices in United States:

In the United States, sodium silicate prices for Q3 2024 were recorded at 460 USD/MT in September. In Q3 2024, sodium silicate prices in the USA experienced steady increases, largely driven by supply disruptions caused by OxyChem's hurricane-related facility closures in Alabama and Texas. These closures led to delivery delays, which, combined with rising freight costs and container shortages, placed additional pressure on the market. Despite these challenges, increased activity in the construction sector and steady job growth supported demand, contributing to the upward price trend. The market's resilience was evident as stakeholders navigated logistical challenges, ensuring a consistent supply chain to meet growing industry needs while adapting to shifting economic conditions.

APAC Sodium Silicate Prices Movement Q3:

Sodium Silicate Prices in China:

In China, sodium silicate prices for Q3 2024 were recorded at 285 USD/MT in September. In Q3 2024, sodium silicate prices in China remained stable despite challenging market conditions. Weak demand from the construction sector, exacerbated by the ongoing real estate crisis, kept consumption levels subdued. Supply chain disruptions, including port congestion and limited manufacturing activity, further impacted market dynamics. However, cautious on-demand purchasing by buyers helped maintain steady shipments, preventing significant price fluctuations. The absence of speculative buying ensured market stability, even as broader economic uncertainties persisted. This balance between limited demand and controlled supply highlighted the resilience of the sodium silicate market during the quarter, maintaining consistent price levels amid challenges.

Europe Sodium Silicate Price Movement:

Sodium silicate prices in the Netherlands for Q3 2024 were recorded at 265 USD/MT in September. In Q3 2024, sodium silicate prices in the Netherlands experienced a notable decline, driven by the availability of cheaper imports, which put downward pressure on local prices. Lower demand from key industries such as glass manufacturing and construction further contributed to the price drop. Additionally, supply chain disruptions, including port congestion and manufacturing delays from plant shutdowns in neighbouring countries like Poland and Romania, exacerbated the situation. These factors combined to create a challenging market environment, where prices remained under pressure throughout the quarter, reflecting weakened demand and logistical hurdles.

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How IMARC Pricing Database Can Help

The latest IMARC Group study, “Sodium Silicate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Sodium Silicate price trend, offering key insights into global Sodium Silicate market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Sodium Silicate demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

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