Salts Of Oxometallic And Peroxometallic Acids Prices in China

China Salts Of Oxometallic And Peroxometallic Acids Import Price in September 2022

In September 2022, the salts of oxometallic and peroxometallic acids price amounted to $27.1 per kg (CIF, China), which is down by -44.2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 26% against the previous month. As a result, import price attained the peak level of $48,508 per ton, and then contracted dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was South Korea ($49.4 per kg), while the price for Japan stood at $12.0 per kg.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.2%), while the prices for the other major suppliers experienced a decline.

China Salts Of Oxometallic And Peroxometallic Acids Imports

In September 2022, approximately 601 tons of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) were imported into China; dropping by -48.7% against the previous month's figure. In general, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in March 2022 when imports increased by 67% m-o-m. As a result, imports attained the peak of 1.5K tons. From April 2022 to September 2022, the growth of imports of remained at a lower figure.

In value terms, imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) shrank markedly to $16M (IndexBox estimates) in September 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in August 2022 with an increase of 102% m-o-m. As a result, imports attained the peak of $57M, and then declined significantly in the following month.

China Salts Of Oxometallic And Peroxometallic Acids Imports by Country

Japan (357 tons) and South Korea (239 tons) were the main suppliers of imports of salts of oxometallic and peroxometallic acids (excluding chromates, dichromates, peroxochromates, manganites, manganates, permanganates, molybdates, tungstates) to China.

From January 2022 to September 2022, the biggest increases were in Japan (with a CAGR of -4.5%).

In value terms, South Korea ($12M) constituted the largest supplier of salts of oxometallic and peroxometallic acids to China, comprising 73% of total imports. The second position in the ranking was taken by Japan ($4.3M), with a 26% share of total imports.

From January 2022 to September 2022, the average monthly rate of growth in terms of value from South Korea totaled -8.2%.

Source: IndexBox Market Intelligence Platform