Procurement Resource Evaluates the Price Trends of Potassium Chloride in its Latest Insights and Dashboard
Price Trends of Potassium Chloride in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Potassium Chloride price 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; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Potassium Chloride can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
The metal halide salt potassium chloride (KCl) is made up of potassium and chlorine. It is odourless and has a vitreous crystal look that is white or sometimes colourless. This material dissolves easily in water and has a salty taste to its solutions. The minerals sylvite, carnallite, and potash are used to make it.
Regions Covered to Evaluate Potassium Chloride Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Potassium Chloride Price Trend:
Potassium availability limits the growth of many plants, hence the bulk of potassium chloride generated is used to make fertiliser known as potash. Muriate of potash is the name given to potassium chloride sold as fertiliser (MOP). MOP fertiliser accounts for the great majority of potash fertiliser sold around the world. Potassium is essential in the human body, and the most frequent way to treat low blood potassium is to take potassium chloride by mouth, however, it can also be given intravenously. It is utilised in the production of potassium hydroxide and potassium metal as a chemical feedstock. Moreover, potassium chloride is also utilised in medicine, fatal injections, scientific applications, food processing, soaps, and as a sodium-free table salt replacement for persons who are concerned about sodium’s health impacts.
Key Market Players:
- Cargill, Incorporated
- Nutrien Ltd.
- Nutrien Ltd.
- JSC Belaruskali.
- PotashCorp.
- Jiangsu Kolod Food Ingredients Co.,Ltd.
- The Mosaic Company
- Sociedad Química y Minerade Chile (SQM)
News and Events:
Granules India, a high-growth pharmaceutical product manufacturing company, reported in January 2022 that the US Food & Drug Administration (US FDA) has approved the Abbreviated New Drug Application (ANDA) for potassium chloride for Oral Solution USP, 20 mEq. It will be used to treat or prevent potassium deficiency in the blood (hypokalemia).
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing 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 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 track 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 chain, and industry trends, so that they can build strategies to achieve maximum growth.
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