Tetrasodium EDTA Price Chart, Analysis, Index, Price Trend and Demand from Alex Maxwell's blog
- United States: 2055 USD/MT
In Q4 2023, the price of tetrasodium EDTA in the USA reached 2055 USD/MT. The latest report by IMARC, titled "Tetrasodium EDTA Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data" delivers a comprehensive analysis of Tetrasodium EDTA prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Tetrasodium EDTA Prices December 2023:
- United States: 2055 USD/MT
- China: 1865 USD/MT
- Germany: 2085 USD/MT
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The study delves into the factors affecting Tetrasodium EDTA price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/tetrasodium-edta-pricing-report/requestsample
Tetrasodium EDTA Price Trend- Q4 2023
The tetrasodium EDTA market is primarily driven by its widespread use as a chelating agent in various industries, including cosmetics, pharmaceuticals, and food and beverages. Tetrasodium EDTA's ability to bind metal ions makes it highly valuable in these sectors, enhancing product stability and preventing deterioration caused by metal-catalyzed oxidation. In the cosmetics industry, for instance, it helps maintain clarity, protect fragrance compounds, and prevent rancidity in products like shampoos, soaps, and other personal care products. The pharmaceutical industry utilizes tetrasodium EDTA to improve the efficacy of drugs by stabilizing formulations and helping in the control of trace metal contaminants. Additionally, the increasing regulations regarding the use of non-biodegradable substances have steered manufacturers toward tetrasodium EDTA as a safer alternative due to its effectiveness at lower concentrations compared to similar agents. The push toward more sustainable and environmentally friendly products continue to bolster the demand for the product. Its role is also crucial in water treatment processes, where it helps in minimizing scale formation and metal ion contamination, further driving its market growth amidst expanding regulatory focus on water conservation and treatment standards.
Tetrasodium EDTA Market Analysis
The global tetrasodium EDTA market size reached 20 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 28 Thousand Tons, at a projected CAGR of 3.80% during 2023-2032. In the last quarter, the price of Tetrasodium EDTA has been influenced by a combination of raw material costs, supply chain dynamics, and global economic conditions. The fourth quarter of 2023 proved to be challenging for the market in the North America region. The market experienced mixed trajectory as with the commencement of Q4 till the termination of November the prices increased, but later with the termination of December the prices decreased by many folds. Besides, the market underwent a significant and positive transformation in the Asia Pacific region. In October, there was an unexpected and substantial increase in tetrasodium EDTA prices in the Chinese market, primarily due to a surge in demand from end-users. In China, which witnessed the most notable price changes, Tetrasodium EDTA prices declined to the settlement price of USD 1870/MT FOB Qingdao, with an average quarterly increase of 2.03%. The limited capacity of raw material EDTA manufacturers contributed to reduced inventory and constrained supply. Moreover, this increased demand, coupled with a psychological inclination to secure larger quantities, exerted upward pressure on tetrasodium EDTA production costs, prompting manufacturers to adjust pricing strategies to maintain profitability. Additionally, the Europe market faced challenges during the Q4 2023. The market exhibited a mixed trajectory, witnessing price increases from the beginning of the quarter until the end of November, followed by a substantial decrease in prices by the conclusion of December. In December, there was an oversupply of Tetrasodium EDTA, surpassing the demand from downstream industries, leading to a significant drop in prices. This surplus supply exerted downward pressure on the market. Furthermore, the global rise in shipping costs, particularly in the middle of the quarter, dissuaded merchants from placing additional orders.
Browse Full Report: https://www.imarcgroup.com/tetrasodium-edta-pricing-report
Key Points Covered in the Tetrasodium EDTA Pricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- Tetrasodium EDTA Prices
- Tetrasodium EDTA Price Chart
- Tetrasodium EDTA Demand & Supply
- Tetrasodium EDTA Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Tetrasodium EDTA Price Analysis
- Tetrasodium EDTA Industry Drivers, Restraints, and Opportunities
- Tetrasodium EDTA News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Browse More Pricing Reports by IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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