Magnesium Sulphate Prices, News, Demand & Supply | ChemAnalyst

1
Magnesium Sulphate Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Market Overview Quarterly Update on Global
Magnesium Sulphate Market   For the Quarter
Ending March 2021   North America The North
American region witnessed a severe plunge in
Magnesium Sulphate supplies during Q1 2021, owing
to the shortage of feedstock chemicals as the
industrial production remained severely impacted
due to the severe freeze weather in the USA Gulf
region. Get more info https//www.chemanalyst.c
om/Pricing-data/magnesium-sulphate-1138
2
Magnesium Sulphate Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Demand surged from the downstream sector
especially from the fertilizers segment and
offtakes were consistent from the pharmaceutical
end-users. The widened supply demand gap hiked
the prices of Magnesium Sulphate and forced the
domestic buyers to be more flexible towards the
overseas supplies. Asia-Pacific (APAC)   The
Asia Pacific Magnesium sulphate market remained
largely impacted with constrained supplies during
the first quarter of 2021, with flat inventory
levels reported in the first half of the quarter
and curtailed enquiries from the downstream
markets. The overall price trend remained upwards
as a repercussion of hiked prices of the key
commodities throughout the quarter. Demand
witnessed a hike later on with strong offtakes
from the agrochemicals and fertilizers segment,
whereas offtakes from the pharmaceuticals sector
were stable. Seasonal surge in the Indian demand
raised Magnesium Sulphate prices in March to USD
148 per tonne.       Europe   During the first
quarter of 2021, the European Magnesium Sulphate
market was sluggish with tight supplies owing to
the limited availability of Sulphuric Acid as the
regional run rates were restricted amid the
transportation lag followed by the reduced
imports from the USA. Demand from the
agrochemical sector in the European region were
mainly driven by the export market, further
offtakes were improved from the pharmaceuticals
sector.  For the Quarter Ending December
2020   Asia Amidst continuous demand of
Magnesium Sulphate from healthcare sector as
additive, a significant surge in its prices was
observed in Southeast Asia in quarter ending
December 2020.
3
Magnesium Sulphate Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
In rabi season which lasts from October to March,
the demand of magnesium sulphate usually
increases due to increase in demand from
fertilizer industry. All these factors indicate
that in upcoming years Magnesium Sulphate will
have a very strong market in Asia pacific region
which will not be easy to replace. The CFR JPT of
Magnesium Sulphate in last quarter averaged at
USD 135.35 per MT for Q4 FY2020. Europe   Market
sentiments for Magnesium Sulphate remained mixed
for the quarter ending September due to its
excessive inventory piles in the regional market.
Traders reported that there were limited contract
purchases as buyers have already stockpiled
cargoes under fears of another lockdown which
might hinder the agricultural industry in the
short term. In line, with limited market
activities, its prices did not witness a major
fluctuation during the period. As people are
shifting towards organic farming due to its
environment and health benefits, in the coming
years the demand and prices of Magnesium Sulphate
are expected to be increased.   North
America   According to United Nations Food and
Agriculture Organization (FAO) the demand of
organic food in north America has increased two
folds by the quarter ending December due to
corona pandemic. Consequently, its prices were
also positively affected by the soaring demand in
the final quarter. As the population is
increasing continuously along with food demand,
it has forced the government to look for more
natural ways to increase the yield, thus shifting
their focus more on Magnesium Sulphate to
increase yield without causing any harm.
4
Magnesium Sulphate Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Magnesium Sulphate manufacturers, spread
across the domestic and international market,
suppliers and dealers/distributors to gain
insights into value-chains and demand-supply
scenario to assess the market situation. Thorough
study of companys annual reports and secondary
sources such as exhaustive search on credible
paid databases, including our internal database
is done to verify the information. All the
collected information is analyzed, evaluated and
presented in chronological order to depict a
meaningful and clear picture of the concerned
market.   Our dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Magnesium Sulphate market.
The team analyzes various industrial segments,
strategic viewpoints and provides an analysis of
the industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.   Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global
Magnesium Sulphate market.   Pricing is captured
through exhaustive primary interviews with
domestic and international manufacturers, traders
and importers and customers on monthly and yearly
basis.   Finally, region-specific markets for
Magnesium Sulphate are analyzed and region-wise
demand pattern is tracked.
5
Magnesium Sulphate Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
About Magnesium Sulphate is a white crystalline
salt which is highly soluble in water but
sparingly soluble in Ethanol. It consists of
Magnesium cations and sulphate anions.
Magnesium salts can be used both internally as
well as externally i.e., it can be taken orally
as well as can be applied on the skin. Magnesium
Sulphate is present naturally in hydrated form
called Kieserite. Magnesium Sulphate is used to
correct the deficiency of Magnesium from the soil
as the soil with Magnesium deficiency grows
plants with yellow leaves. It has many medicinal
applications like it is used to control seizures
in pregnant women amidst complications, high
blood pressure and many more. Owing to its
ability to absorb water from atmosphere, it is
used in the synthesis of many organic compounds.
Although Magnesium Sulphate occurs naturally but
it can also be synthesized using Magnesite (MgO)
as a raw material.  Product Specific
Details   CAS No. 63428-84-2 HS Code
39081010 Packaging Size 25 kg bags Incoterms
CFR, FOB, Ex-Works, Bulk Contracted,
Spot   Countries Covered   APAC  China, Japan,
India, South Korea, Singapore,  Europe  Germany,
France, Belgium  America  USA, Brazil  MEA 
Saudi Arabia, UAE, South Africa
6
Magnesium Sulphate Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
How we can help ChemAnalyst addresses the key
problematic areas and risks associated with
chemical and petrochemical business globally and
enables the decision-maker to make smart choices.
It identifies and analyses factors such as
geopolitical risks, environmental risks, raw
material availability, supply chain
functionality, disruption in technology and so
on. It targets market volatility and ensures
clients navigate through challenges and pitfalls
in an efficient and agile manner. Timeliness and
accuracy of data has been the core competency of
ChemAnalyst, benefitting domestic as well as
global industry in tuning in to the real-time
data points to execute multi-billion-dollar
projects globally.
7
Magnesium Sulphate Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
ChemAnalyst is one stop online portal that
offers comprehensive market intelligence data and
in-depth analysis on the Global chemical and
petrochemical industry. Our aim is to provide
competitive advantage to the industry
stakeholders by offering cutting edge
information and analysis that help our customers
leverage on the emerging opportunities in their
businesses. ChemAnalysts team of 100 analysts
are engaged in tracking Chemical Prices daily,
production capacity, demand and supply outlook,
manufacturing plant locations, foreign trade data
and news/deals for more than 400 major chemicals
produced in India. ChemAnalysts Interactive
subscription platform provides the most
comprehensive data and analysis in your industry
to help you decode the future. ChemAnalyst is
promoted by TechSci Research (TSR). TSR is a
research-based management consulting firm
providing market research and advisory solutions
to the customers worldwide, spanning a range of
industries including Chemicals Material,
Automotive, Consumer Retail, ICT, Energy
Power, Aerospace Defense, Water and Waste
Management, BFSI and more.
CHEMANALYST B-44, Sector -57, Noida, National
Capital Region, UP, India 201301 Tel
91-120-4523900 E sales_at_chemanalyst.com