Free Sodium Sulphate Prices Trend and Forecast New York
- Location: New York, New York, NY, United States
The spot offers for Sodium Sulphate have been observed to be on a bullish run throughout the second quarter of 2022. The supply turmoil unleashed by Russia's invasion of Ukraine has severely impacted trade activities across the globe. On the upstream price front, the Sodium Sulphate Prices have also surged by approximately 8% towards the end of Q2, prompting enough cost pressure on the market values of Sodium Sulphate. As a result, a consistent surge has been observed in manufacturers' quotations. As per the market players, the supply shortages have constrained production capacity as the input costs and output charges have escalated at substantial rates. In addition, the surge in material tariffs and increased fuel and transportation charges have driven up the operating expenses and supported the escalated values of Sodium Sulphate.
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