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SOP Price Chart, Historical and Forecast Analysis Provided by Procurement Resource

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November 30, 2022
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Read Time:4 Minute, 8 Second
Product NameSOP
HS Code33012590
Chemical FormulaK2SO4
SynonymsFertilisers, Glass manufacturing, Mining, Propellant
Region/Countries for which Data is availableAsia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeOur services can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after service delivery

Request for Real Time SOP Prices: https://www.procurementresource.com/resource-center/sop-price-trends/pricerequest

SOP refers to Sulphate of Potash, a compound that contains both potash and sulphur, which is also referred to as potassium sulphate. The chemical formula of SOP is K2SO4, and its molecular weight is 174.259 g/mol. Sulphate of Potash or SOP is generally composed of 51% soluble potash and roughly 18% sulphur.

Metals like calcium and magnesium are also present in trace amounts. SOP serves as a fantastic supply of the nutrients potassium and sulphur and is primarily utilised as a fertiliser. SOP is a fertiliser that helps plants withstand pests and disease because it contains little chloride.

By treating Langbeinite with a strong potassium chloride solution, which precipitates potassium sulphate, the decantation procedure produces SOP. The potassium sulphate that has precipitated is then separated using decantation. The Mannheim Process can also be used to create SOP.

The key SOP producing countries are Pakistan, Indonesia, Uzbekistan, and Philippines. On the other hand, the leading exporters are China, Sweden, Saudi Arabia, and Egypt.

Key Details About the SOP Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the SOP price, propane price and kerosene price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The SOP price trend, chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting SOP Price Trend:

The industrial applications of SOP that are affecting its price trend is as a propellent, and in the manufacturing of glass. Sulphate of potash is also employed in mining, fertilisers, chloride-free drilling fluids, and as a additive in water-based liquids.

Key Players:

  • Agrico Canada L.P
  • Ameropa Australia Pty Ltd
  • Archean Group
  • AG CHEMI GROUP s.r.o
  • AgroLiquid
  • ArrMaz Gulf Chemicals, Ltd

News and Events:

  • November 11, 2022: Archean Chemical industry is the only manufacturer for sulphate of potash, and a study revealed that it is a high end specialty chemical for the chlorine-sensitive crop and has various medical uses.

Related Reports:

  • Sorbitol Price Trend – https://www.procurementresource.com/resource-center/sorbitol-price-trends
  • Soybean Price Trend – https://www.procurementresource.com/resource-center/soybean-price-trends
  • Soybean Hulls Price Trend – https://www.procurementresource.com/resource-center/soybean-hulls-price-trends

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

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