Potassium permanganate Prices Today, Price Chart and Forecast Analysis | Procurement Resource

In the first half of 2023, the potassium permanganate market encountered diverse challenges across different regions, impacting the Potassium Permanganate Price Index. In Asia, the index initially surged due to increased potash ore costs but later plummeted due to government sanctions on Belarus imports and oversupply issues. This decline persisted into the second quarter, exacerbated by a sluggish fertilizer sector and waning consumer confidence. In Europe, a combination of falling feedstock material prices, trade sanctions, burgeoning inventories, and economic hurdles drove the index downward. Meanwhile, North America experienced a gradual decline in the index across both quarters, attributed to weak demand from downstream industries, ample product availability, and the influence of competitively priced imports from other markets.

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Definition

Potassium permanganate is a chemical compound with the formula KMnO4. It is a dark purple, crystalline substance that dissolves in water to form a vibrant pink or purple solution. Renowned for its powerful oxidizing properties, potassium permanganate is widely used in various industrial and medical applications. It serves as an effective disinfectant, water purifier, and stain remover. In laboratories, it is a valuable reagent for analytical and qualitative tests. Additionally, potassium permanganate plays a vital role in the treatment of wastewater and serves as a strong oxidizer in chemical processes, making it a versatile compound with diverse applications.

Key Details About the Potassium permanganate 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 Potassium permanganate 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 Potassium permanganate Price chart, including India Potassium permanganate price, USA Potassium permanganate price, 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 the Potassium permanganate Price Trend:

Price Trend Image 6Potassium permanganate (KMnO4) finds extensive industrial use owing to its potent oxidizing and disinfecting properties. In water treatment, it acts as a powerful disinfectant, effectively eliminating impurities, microbes, and unpleasant odors. The chemical industry employs it as an oxidizing agent in the synthesis of various organic compounds and chemicals. In the pharmaceutical sector, it is used to formulate medications and disinfectants. In laboratories, potassium permanganate is a vital reagent for numerous analytical tests and experiments. Moreover, it aids in the purification of air and gas streams and plays a key role in metal etching, particularly in electronics and metalworking. Its versatility and effectiveness make it an indispensable component in various industrial processes.

Key Players:

  • Carus Group Inc
  • GFS Chemicals Inc
  • Guangdong Hangxin Technology Co Ltd
  • Nippon Chemical Industrial Co Ltd

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 tracks 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 chains, and industry trends so that they can build strategies to achieve maximum growth.

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