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Sodium Tetraborate Prices: Latest Price, News, Market Analysis, Historical & Forecast, Database, Chart

In Asia, the price trend of sodium tetraborate declined in Q1 2023 due to reduced demand from the construction industry and an abundant supply, negatively affecting its market dynamics. Although there was a slight price increase in the second quarter’s initial month, it couldn’t be sustained. Falling end-user industry dynamics, decreased inquiries, and rising stockpiles further pushed prices downwards. In Europe, Q1 saw fluctuating prices, supported by building and detergent industry inquiries and controlled inventory levels. Similar trends continued in Q2, with declining demand and manufacturing pressures. In North America, Q1 experienced stabilization and Q2 decline due to varying industrial activities impacting construction, agriculture, and related sectors.

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Definition

The sodium tetraborate, commonly referred to as borax, presents a range of attributes. It emerges as a white crystalline powder, highly soluble in water, and boasting an alkaline pH, making it an effective buffer. Its versatility is evident in various industrial sectors where it forms complex ions with metals, serving as a flux in metallurgical processes. Furthermore, it acts as a fire retardant and finds utility as a cleaning agent. Its distinct characteristics render it suitable for applications in detergents, cosmetics, and as a constituent in diverse chemical reactions. For those interested in Sodium Tetraborate Price Trend, Sodium Tetraborate Price Index, and Sodium Tetraborate Prices, observing a Sodium Tetraborate Price Chart or Sodium Tetraborate Price Graph would provide valuable insights.

Key Details About the Sodium Tetraborate 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 Sodium Tetraborate 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 Sodium Tetraborate Price chart, including India Sodium Tetraborate price, USA Sodium Tetraborate 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 Sodium Tetraborate Price Trend:

In the detergent and cleaning industry, sodium tetraborate acts as a water softener and stain remover. Its fire-retardant properties make it valuable in flame-resistant coatings and textiles. In metallurgy, sodium tetraborate serves as a flux in welding and soldering applications. It plays a role in glass and ceramic manufacturing as a flux, enhancing melting and reducing viscosity. Moreover, sodium tetraborate is used in agriculture as a micronutrient fertilizer and pH buffer. Its applications extend to cosmetics, pharmaceuticals, and water treatment, showcasing its significance across diverse industrial sectors.

Key Players:

  • BRARMAR Chemie GmbH
  • Alfa Aesar
  • Graham Chemical
  • Hubei Xiangei Group
  • Deutsche Borax

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

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