APAC Sodium Bromide Prices Movement Last Quarter: 

Sodium Bromide Prices in India:

In Q2 2024, the sodium bromide price trend in India surged to 1,761 USD/MT, primarily driven by robust demand from the water reclamation industry and increased manufacturing activities. The strong demand was further amplified by rising input costs, which were influenced by global supply chain disruptions and persistent freight challenges. These supply-side pressures, combined with operational cost hikes, created upward momentum in prices throughout the quarter. The market dynamics highlighted the significant impact of logistical difficulties and economic factors, emphasizing how global challenges can affect local commodity pricing and market stability.

Southwestern Europe Sodium Bromide Prices Movement Last Quarter:

Sodium Bromide Prices in Spain:

In Q2 2024, sodium bromide prices in Spain experienced a significant rise, reaching 1,640 USD/MT by the end of the quarter. This increase was primarily driven by strong demand from key sectors such as water treatment and oil, which maintained robust consumption despite competition from more affordable Asian products. Rising production expenses, largely due to supply chain disruptions and escalating operational costs, further contributed to the price hike. These combined factors led to upward price momentum, signaling a continued trend of price growth in the Spanish sodium bromide market.

How the IMARC Pricing Database Can Help

The latest IMARC Group study, “Sodium Bromide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Sodium Bromide price trend, offering key insights into global Sodium Bromide market dynamics. This report includes comprehensive price charts, which trace historical data and highlight 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 Bromide demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. The price report uncovers critical factors influencing current and future prices by exploring the intricate relationship between supply and demand.

Unlock Real-Time Sodium Bromide Prices Trend Today: https://www.imarcgroup.com/sodium-bromide-pricing-report

Key Features:

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

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Key Details About the Sodium Bromide Price Trend

The Sodium Bromide Price Trend is driven by various factors across different industries. One key driver is its widespread use in the oil and gas sector, especially in drilling fluids, to stabilize wells. Moreover, the rising application of sodium bromide in water treatment, where it acts as a disinfectant and helps control algae growth, is contributing to the market growth. Furthermore, the growing compound demand in the pharmaceutical sector, where it is used in various medical formulations, including sedatives is acting as a growth-inducing factor. Apart from this, the growing compound utilization in the chemical industry to produce other bromine-based compounds is anticipated to drive market growth. In addition to this, the heightened environmental regulations driving the need for effective water treatment solutions are contributing to the market growth.

Sodium Bromide Prices Second Quarter 2024: 

• India: 1761 USD/MT
• Spain: 1640 USD/MT

Factors Affecting Sodium Bromide Prices Across Regions:

In India: The sodium bromide industry saw substantial price fluctuations due to various local and global factors. The peak summer season spurred the compound demand, particularly from the water treatment sector, as industrial activities intensified. This seasonal demand, coupled with heightened activity in the oil and gas drilling industries, led to significant upward price pressure. Moreover, freight and logistics challenges, including surges in transportation costs and regional disruptions like congestion in the Red Sea, further impacted the pricing environment. Besides this, higher input costs from upstream markets, especially driven by increasing natural gas prices, also played a role in pushing prices upward in India.

In the Netherlands: sodium bromide prices were influenced by a combination of heightened demand in downstream sectors, including oil and gas drilling and water treatment, and logistical issues affecting supply chains. Moreover, the limited availability of bromine, a key raw material, drove up production costs. Additionally, increased freight charges due to capacity constraints, particularly in Europe, compounded the cost pressures. Despite competition from lower-priced Asian imports, domestic demand remained robust, supporting a continued rise in sodium bromide prices across the Netherlands, reflecting broader European trends.

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Overall, Price Trend and Regional Prices 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

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

About Us: 

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of price entry and expansion services. IMARC offerings include thorough price assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, pricing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145