Dipotassium EDTA Prices

Dipotassium EDTA Prices June 2024

The dipotassium EDTA prices in India for Q2 2024 reached 2940 USD/MT in June. The region experienced substantial price hikes on account of major demand and rising production costs due to increased energy expenses. Seasonal factors, specifically high demand for power during severe heat, contributed to manufacturing prices. A weaker currency against the US dollar further amplified import expenses, sustaining upward pressure on pricing.

Dipotassium EDTA Prices December 2023

The dipotassium EDTA prices in India for Q4 2023 reached 3058 USD/MT in December. In India, the market during Q4 2023 faced a challenging environment, marked by low demand and an oversupply of raw materials, particularly corn starch. This, coupled with increased competition from generic imports, led to a reduction in prices. The market's instability was further exacerbated by reduced export opportunities and lower global demand.

Regional Coverage

The report provides a detailed analysis of the dipotassium EDTA market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast, and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dipotassium EDTA price trend.

Global Dipotassium EDTA Price

The report offers a holistic view of the global dipotassium EDTA pricing trends in the form of dipotassium EDTA price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into dipotassium EDTA historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into dipotassium EDTA price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dipotassium EDTA demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Dipotassium EDTA Price

Q2 2024:

The market in Q2 2024 faced steep price hikes driven by rising manufacturing costs, supply limitations, and ongoing geopolitical impacts. German imports showed early price reductions from oversupply, with lower consumer confidence and weakened purchasing due to inflation. As tensions eased, transportation costs dipped, impacting prices in Germany, though the appreciating dollar complicated matters for regional producers. Logistical delays stemming from canal droughts and global disruptions added to market strain. Regional currency issues combined with shipping delays, especially around routes impacted by the Middle Eastern conflict, elevated production and supply costs across Europe.

Q4 2023:

During Q4 2023, the European market saw fluctuating prices, mainly due to a significant decrease in demand. The decrease in demand caused prices to drop in different sectors downstream. Decreasing global demand and reduced import opportunities exerted pressure on the market, thereby influencing inventories and adding to market fragility. The situation deteriorated even more due to end-of-the-year inventory changes, as global buyers cut costs by reducing stock levels, causing prices to decline. In addition, the raw materials market also witnessed a considerable decrease, with minimal cost backing, leading to a parallel decline in dipotassium EDTA prices. Europe adapted its market strategy as par with exporting regions in order to remain dynamic, given its status as a significant importer. 

This analysis can be extended to include detailed dipotassium EDTA price information for a comprehensive list of countries.

North America Dipotassium EDTA Price

Q2 2024:

During Q2 2024, the market for Dipotassium EDTA saw fluctuating prices in North America due to diverse factors. A drop in April, affected by easing geopolitical issues, reduced shipping rates, and bulk inventories, led to lower costs across the region, with similar trends in parts of China. Inflation curbed purchasing activity, and large inventories weakened consumer confidence. At the same time, logistical hurdles like drought-induced delays and vessel traffic constraints compounded challenges. An appreciating US dollar increased import costs, intensifying price shifts. Early peak season demand and strong local purchasing spurred prices upward, as seasonal patterns brought heightened summer demand.

Q4 2023:

During Q4 2023, the North American market for dipotassium EDTA saw big price changes, mainly because of a decrease in demand. The decrease in demand caused prices to decrease in different industries downstream. The market encountered more difficulties due to reduced import opportunities and declining global demand, leading to pressure on current supplies and contributing to market instability. Year-end inventory reductions worsened the delicate situation, as global buyers tried to cut costs by reducing stocks, ultimately pushing prices down. Additionally, there was a significant decrease in the EDTA raw material market, which did not provide much assistance in terms of costs. As a result, the market also experienced a similar trend, with prices mirroring these declines. As a major importer, North America adjusted its market strategies to remain competitive by aligning with exporting regions. 

Specific dipotassium EDTA historical data within the United States and Canada can also be provided.

Middle East and Africa Dipotassium EDTA Price

The report explores the dipotassium EDTA pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on dipotassium EDTA prices for countries can also be provided.

Asia Pacific Dipotassium EDTA Price

Q2 2024:

In the second quarter of 2024, the Asia-Pacific market for Dipotassium EDTA experienced marked price increases, fueled by intense domestic and international demand alongside constrained supply. High input costs, mainly from energy, raised manufacturing costs, elevating the prices. Elevated shipping expenses, owing to surging oil prices, increased import charges, while supply chain challenges added further pressure. India’s market faced the most significant pricing shifts, driven by seasonal factors and high power usage due to heatwaves. Additionally, currency devaluation exacerbated import costs. These factors created a challenging pricing environment, with limited supply struggling to meet rising demand across sectors.

Q4 2023:

During Q4 2023, the Asia-Pacific region experienced significant modifications that impacted pricing trends. Decreased demand, high inventory levels while also heightening competition led to a drop in prices in the market. In India, the market showed volatility as prices fell owing to decreased demand and excess raw material supply such as corn starch. The introduction of generic imports of the product has accelerated competition even more, putting more pressure on prices. Additionally, the market was confronted with obstacles due to fewer export prospects and declining global demand, putting pressure on current stock levels and resulting in market consolidation. 

This dipotassium EDTA price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Dipotassium EDTA Price

The analysis of dipotassium EDTA prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Dipotassium EDTA Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dipotassium EDTA Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of dipotassium EDTA pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of dipotassium EDTA at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dipotassium EDTA price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing dipotassium EDTA price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Dipotassium EDTA Market Analysis

The global dipotassium EDTA market size reached 26.2 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 36 Thousand Tons, at a projected CAGR of 3.62% during 2023-2032.

• Dipotassium EDTA is widely utilized in the cosmetic industry to produce various personal care products like shampoos, conditioners, soaps, and lotions. It is primarily added into these products to improve stability and prevent deterioration by attaching with metal ions that can be present in the formulation of these products. Moreover, dipotassium EDTA improves the clarity of liquid products, prevents rancidity, and stabilizes the fragrance and overall texture of personal care products. Individuals are increasingly becoming conscious of the products they apply on their skin and seeking effective yet safe personal products. According to the IMARC Group, the beauty and personal care products market is expected to reach US$ 759.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
• In the pharmaceutical sector, dipotassium EDTA is employed as a chelating agent in various medications. It assists in stabilizing various medicine formulations by binding the trace metals that are responsible for catalyzing unwanted chemical reactions, potentially destroying the effectiveness of active pharmaceutical ingredients (APIs). Furthermore, the increasing occurrence of various chronic diseases like diabetes and cardiovascular complications is driving the demand for frequent blood tests, where dipotassium EDTA is required for preventing the clotting of blood and preserving blood samples for analysis. As per the World Health Organization (WHO), noncommunicable diseases (NCDs) are the leading cause of death world. This is increasing the awareness among the masses about conducting regular blood tests to prevent these diseases.
• The increasing utilization of dipotassium EDTA in the agricultural sector as a micronutrient is propelling the growth of the market. It is required to deliver essential metals like iron, copper, and zinc in a chelated form that can be easily absorbed by the plants. Moreover, the rising demand for food to feed the growing population worldwide is driving the demand for various micronutrients like dipotassium EDTA to improve crop yield. According to the United Nations (UN), on 15^th November 2022, the world's population was recorded as 8 billion people. This further imposed pressure on farmers to increase their crop yield to provide adequate food for everyone.

Dipotassium EDTA News

The report covers the latest developments, updates, and trends impacting the global dipotassium EDTA market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dipotassium EDTA production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dipotassium EDTA price trend.

Latest developments in the dipotassium EDTA industry:

• February 2024: Balaji Specialty Chemicals received a Mega Project Status from the Industries, Energy and Labour Department, Government of Maharashtra with a proposed investment of Rs. 750 crores for various products, including Hydrogen Cyanide (HCN) & Sodium Cyanide (NaCN) 30% (Solution) and Sodium Cyanide (NaCN) 100% (Solid).

Product Description

Dipotassium ethylenediaminetetraacetate (EDTA) is a chemical compound that acts as a chelating agent and is created to bind and sequester metal ions. It effectively forms multiple bonds with a single metal ion, thereby neutralizing the ability of the ion to participate in further chemical reactions.

It is employed in the food and beverage (F&B) industry as a preservative and stabilizer as it helps to protect various consumable products from discoloration and rancidity due to metal catalysis. It is also employed in water treatment processes where it prevents scale formation and corrosion in boilers and pipes by chelating metal ions. It is adopted in the agricultural industry as a micronutrient to improve crop yield. It is often integrated into various personal care products like shampoo, soap, and lotions to stabilize their fragrance and texture.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of dipotassium EDTA pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting dipotassium EDTA price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dipotassium EDTA price charts ensure our clients remain at the forefront of the industry.