For Quarter Ending December 2021
North America
In North America, the pricing overview of Sodium Hypochlorite was observed high as the disinfectant market was high in demand due to the impact of covid 19 in quarter 4. High demand helped manufactures to cope with rising costs related to commodities and freight. The demand in the health care market uplifted the price of Sodium Hypochlorite during quarter 4 of 2021. Post covid, the demand of surface disinfectant scaled up due the threat of re-emergence of pandemic in global market including North America. Meanwhile, Sodium Hypochlorite is used as disinfectant in hospitals, surface cleaning in households, thus the overall buoyancy in price of Sodium Hypochlorite was observed in quarter 4 of 2021.
Asia
In Asia, the price of Sodium Hypochlorite took a high pace due to increase in demand for disinfectants and anti-microbials, as the factor for driven growth of market of Sodium Hypochlorite in India. Additionally, in China, the demands rose from healthcare and industrial segment, while Omicron threat remained persistent threat for authorities. The adoption for surface disinfectants has been rose after the global pandemic hit the country, also awareness has rising about health and hygiene in Asia. However, upsurge for sanitizers, disinfectants and cleaning products, particularly in the healthcare sector driven the market price upward of Sodium Hypochlorite in Asia during quarter 4 of 2021.
Europe
In Europe, the price of Sodium hypochlorite observed increased due to the demands in healthcare sector from all over the region, as Sodium Hypochlorite is used as disinfectant in the healthcare industries. In Germany, the price of disinfectants was observed to be rising as the demands were high, due to the surge of Omicron in the country. In UK, the price of disinfectants was stagnant as the demands were declined, thus the overall result of demands of Sodium Hypochlorite were observed high in Europe during this quarter December ending, which resulted as high prices of Sodium Hypochlorite during quarter 4 of 2021.
For the Quarter Ending September 2021
North America
The Sodium Hypochlorite market in the North American region witnessed an uptrend in the third quarter of 2021 backed by the robust demand from the water treatment chemical industry. Furthermore, the hike in the prices of Sodium Hypochlorite was due to the scarcity of upstream Chlorine because of the lower production rates in the USA as an impact of Ida hurricane that made landfall in the gulf coast of US at the August end. Besides, Logistical issues in the region also influenced the pricing trend of the product in this quarter.
Asia
In Asia, Sodium Hypochlorite market encountered constraint supplies of the raw material Chlorine which consequently led to the increment in the prices of Sodium Hypochlorite in the region during the third quarter of 2021. Factors such as congestion on several ports of China due to the slowdown in the cargo processing following the corona virus zero-tolerance policy measures and the high freight charges contributed to the inflation in the prices of Sodium Hypochlorite in the Asian region. In India, a marginal rise in the values of Sodium Hypochlorite was observed during this quarter due to the delayed imports along with the spillover effect that resulted into the inadequate availability of the product. Additionally, extreme shortage of shipping containers and expensive imports further sent ripples to the prices of Sodium Hypochlorite in India during this quarter.
Europe
In Europe, Sodium Hypochlorite market experienced the same pricing trend as other regions supported by the robust demand from the domestic and the overseas market. Moreover, hike in the feedstock prices also influenced the values of Sodium Hypochlorite in the region. As in Europe, due to the natural gas crisis amid September many production units were compelled to cut down their production capacities which affected the Sodium Hypochlorite supplies and consequently fumed the prices of Sodium Hypochlorite in the region. In Addition, skyrocketed freight charges across the interoceanic trade route further exerted pressure on the Sodium Hypochlorite market in this timeframe.
For the Quarter Ending June 2021
North America
The market of Sodium Hypochlorite remained sturdy throughout this quarter, led by strong demand from the domestic market amid short supply activities. The North American disinfectant market had significant offtakes for Sodium Hypochlorite, while the availability remained inadequate to satisfy the overall demand from the cleaning sector. In addition, due to strong demand and low stock availability, feedstock Chlorine prices were rising affectively due to prolonged shutdown of a major plant in USA. Fuming Chlorine rates significantly impacted offers for Sodium Hypochlorite during Q2.
Asia
The Asian market had stable demand for Sodium Hypochlorite across the region, bolstered by consistent offtakes from the downstream disinfectant sector. Rapid resurgence of pandemic in India, induced the demand for Sodium hypochlorite in the country. However, the prices remained stable due to government regulations and maintained supply activities in the country. While in China, prices for almost all the commodities were rising including this product, where the demand was bolstered by the disinfectant sector with the wake of pandemic across several Asian economies. In addition, rising production cost and global inflationary trend also helped the prices to rise in the meantime.
Europe
The demand for Sodium Hypochlorite reduced in the European region during this quarter, as the disinfectant segment was relaxed with decline in new cases in major European economies. However, despite of declined demand, prices maintained stability, as the traders were optimistic about the future demand from the region, and were anticipating that the demand will rise again from industrial disinfectant segment. Thus, the prices of Sodium Hypochlorite maintained stability throughout Q2 2021.Moreover, curtailed Chlorine supply and increased demand from USA, marginally impacted the prices of this product during this period.
For the Quarter Ending March 2021
North America
Sodium Hypochlorite market of North America encountered a stable demand, during this period. Despite of steadily declining number of new cases in USA, demand from sanitisation segment remained stable and like the prior quarter till end of February. In addition, rapid vaccination drives majorly supported this decline across the region. Manufacturers were worried about the prices, which was largely stable till February but traced downward trajectory since March.
Asia
The Asian countries witnessed mixed market sentiments during this quarter, as some countries encountered regular decrement in daily new COVID 19 cases, while other’s recovery was not that strong. However, the demand for Sodium Hypochlorite for sanitization remained like prior quarter, as the countries implied precautionary measures abate the pandemic soon. Hence the sanitization measures remained active in most of the Asian countries. In India, some states did arrangements for storage of Sodium Hypochlorite, which can be utilised for sanitizing whole city. In addition, a further distress of bird flu in some Indian states also agitated the crises due to which Sodium Hypochlorite prices remained in a stable to firm range.
Europe
During early Q1 2021, European countries tackled second wave of COVID 19, where daily number of cases were rising effectively on the daily bases. Therefore, demand for Sodium Hypochlorite remained stable to firm throughout the region during this quarter, government ensured to sanitize all the public places as well as roads, using Sodium hypochlorite. As most of the demand were consumed by government itself, thus the prices stayed stable during this quarter.
For the Quarter Ending December 2020
Asia
In India, demand for Sodium Hypochlorite remained high in Q4, the demand was driven from government funded disinfecting programs in public transports like metro, buses and also in government hospitals. Sodium Hypochlorite prices surged due to high demand in Q2 but were later stabilized in Q3 and Q4 under government compliance. In India, the demand in Q4 suddenly surged due to a sudden uptick in consumption observed amidst the festive season in November. Similarly, China also maintained appreciable demand for Sodium Hypochlorite disinfectant throughout the quarter.
North America
Shortage of floor cleaners and surface cleaners was experienced in USA during Q3, which kept the demand for Sodium Hypochlorite in uptick in Q4 in the regional market. Shelfs of bleach-based cleaning wipes where Sodium Hypochlorite is majorly consumed were completely empty in supermarkets, the reason behind this was astonishing increase in buying appetite. However, due to feedstock shortage the manufacturers were unable to gain from the skyrocketing demand. By the end of Q4 2020, wipes and disinfectants came back in stocks but were still available in limited quantities.
Europe
Disinfectant demand in Europe surged again due to the new strains of Coronavirus in several parts of the region. COVID 19 not only increased the demand for Sodium Hypochlorite but also affected the supply of feedstock chlorine. Several units were heard running at low capacity while the production in some plants were halted due to unavailability of feedstock. As the demand remained high throughout the quarter, it led to a gradual increase in prices of Sodium Hypochlorite and of bleach-based disinfectant products.