Hamburg (Germany): Global Sodium Hypochlorite prices fell in April xxxx due to lower demand and higher inventories worldwide. This decline was also influenced by falling freight prices across the Mediterranean and an increase in shipping capacities added since January. Prices dropped by x to xx on a monthly basis for Germany FOB Hamburg outbound deliveries to Balkan and Italian markets.
Conversely, Chinese outbound deliveries from Qingdao FOB basis to East Asian and Southeast Asian markets remained steady as downturns intensified in the Chinese Chlor-Alkali industry in the past month. ChemAnalyst anticipates that rising freight charges and increased supply side risks from the Mediterranean supply, among other factors, will further intensify in the region. Therefore, the forecast for May has been revised to a price decline, while prices are expected to begin recovery in the following two months.
Sodium Hypochlorite is a major product of the...
