Uploaded on Feb 9, 2023
The Potassium Silicate Price remained dull throughout the 4th quarter of 2022, owing to falling demand from the downstream industries amidst easing production costs in the global market.
Prices of Potassium Silicate
Potassium Silicate Price Trend and
Forecast
The Potassium Silicate market remained dull throughout the 4th
quarter of 2022, owing to falling demand from the downstream
industries amidst easing production costs in the global market.
The USA has been battling with high inflationary pressure,
which eased down after the intervention of the federal bank.
However, this ease in inflationary pressure was a result of the
high-interest rate imposed by the FED, which eventually led to
a fall in the economic activities of the country. Consequently,
demand for the product from the downstream construction and
paint industry declined, supporting this price fall in the USA.
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A slowdown in economic activities due to the
pandemic and recessionary fear hovering all
across the globe led the price of Potassium
Silicate to fall in the Asian market during this
month. As per the data, Chinese Potassium
Silicate prices fell by around 5.5% during this
quarter and hovered around USD 1284/MT
(Spot) in China during December 2022.
Further, this decline also helped major
importing economies like South Korea, where
traders were getting cheaper cargo from an
international sellers. On the other side, the
Indian market performed better than other
economies due to the festive season in
October and November, which induced
demand from the domestic market.
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silicate-1305
Potassium
Silicate
Supply in
Global
Market
Online
Find The Potassium Silicate
Market Price Online
Europe kept on struggling with the
repercussion of Russo Ukrainian war,
making it hard for the economy to
rebound easily. As per the data,
Potassium Silicate demand from the
construction and detergent sector
remained low and affected the price trend
for the product in the market. Easing
prices of natural gas also didn’t let the
price of downstream commodities rise
and injected some ease into the
producers’ margin. However, despite
being eased in the market, Natural gas
prices were still hovering at a high value,
and producer’s margins were under
pressure.
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sium-silicate-1305
Demand of Potassium Silicate North America Online
Potassium Silicate Price Trend
and Forecast
The Potassium Silicate Market Remained Dull
Throughout The 4th Quarter of 2022 Online
The Potassium Silicate market remained dull throughout the 4th quarter of Europe kept on struggling with the repercussion of Russo Ukrainian war, making
2022, owing to falling demand from the downstream industries amidst easing it hard for the economy to rebound easily. As per the data, Potassium Silicate
production costs in the global market. The USA has been battling with high demand from the construction and detergent sector remained low and affected
inflationary pressure, which eased down after the intervention of the federal the price trend for the product in the market. Easing prices of natural gas also
bank. didn’t let the price of downstream commodities
Free Search
Potassium
Silicate
Market
Price
Online
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