Sodium Nitrite Prices, News, Trends, Chart | ChemAnalyst

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• Sodium Nitrite Prices Overview

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Market Overview   For the Quarter Ending March
2021   North America   Sodium Nitrite supplies in
the North American region were tight during the
first quarter of 2021, due to restricted
availability of the key upstream raw material as
the rare climate calamity disrupted the
production activity across the region in Q1.
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Sodium Nitrite Prices Overview
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Enquiries improved amidst improved demand from
the dye manufacturer and ample consumption from
the food additive and pharmaceutical industries.
Critical shortage of the feedstock due to several
shutdowns supported the price uptrend with CFR
New York prices for Sodium Nitrite in March is
USD 740 per tonne. Asia-Pacific (APAC)   Strong
demand during the first quarter of 2021 was
buoyed by constant offtakes from the downstream
dyes, and food preservatives industries despite
slowdown in market activities as the second wave
of COVID hit several nations towards the end of
the quarter. Global supply disruptions served as
tailwind for regional manufacturers amid
consistent demand for Sodium Nitrite from pharma
industries. Sodium Nitrite imports in India on
account of the unprecedented supply chain
disruptions caused due to macroeconomic factors
and surging freight charges. Market offers were
firm throughout the quarter with price of Sodium
Nitrite assessed around USD 761 per tonne for
March deliveries.   Europe   The European region
encountered a steep rise in the prices of Sodium
Nitrite during the first quarter of 2021, amid
curtailed supplies due to the reduced imports
from the USA. Shutdown of a key raw material
facility in the Germany declared prompted
shortages in the second half of the quarter
followed by the transportation lag in the
Antwerp-RotterdamAmsterdam route which further
diminished the product inventories. Demand
however surged as the offtakes were improved from
the downstream segments during Q1.             
 
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Sodium Nitrite Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Sodium Nitrite 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 Sodium Nitrite 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 Sodium
Nitrite 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
Sodium Nitrite are analyzed and region-wise
demand pattern is tracked.
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Sodium Nitrite Prices Overview
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• About
• Sodium Nitrite is an inorganic sodium salt with
  molecular formula NaNO2. It is a white
  crystalline powder, and it is completely miscible
  in water and other chemicals such as ethanol. It
  is used as a food preservative and as a food
  antioxidant and is also utilized as an antidote
  to cyanide poising. Industrially Sodium Nitrite
  is even used in the manufacturing of
  organonitrogen compounds. Due to its
  carcinogenicity, it helps to induce tumors and
  shorten the time of tumor occurrence. It is
  produced by several methods, the most common
  industrial method to manufacture sodium nitrite
  is by absorption of Nitrogen Oxide into aqueous
  Sodium Carbonate or Sodium Hydroxide. Its major
  key manufacturers across the globe are BASF,
  Shandong Haihua Group, Indian Oxalate, Shree
  Tripura, Shubh Industries, Shouganag Zixu, Taian
  Mingchen, Hongkong Sheng Shi Jiaozi, Shandong
  Xinhao, Neostar United,etc.
• Product Specific Details
•  
• CAS No 7632-00-0 HS Code 28341010 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

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Sodium Nitrite Prices Overview
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Sodium Nitrite Prices Overview
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