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Magnesium Sulfate Price, Historical Charts, Forecasts & News

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Magnesium sulfate is a chemical element and a salt which contains magnesium cation Mg 2+ and sulfate anions SO2-4. The chemical formula of magnesium sulfate is MgSO4, and its molecular weight is 120.366 g/mol. It quickly dissolved in water but not in ethanol.

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The density of magnesium sulfate is 2.66 g/cm³ and its melting point is 1,124 °C. It is mainly used to fix soil inadequacies in the agricultural sector.

Heptahydrate MgSO4·7H2O, which is also known as Epsom salt, is the very common magnesium sulfate. It is employed in several household chemicals and various bath salts.

The leading magnesium sulfate producing countries are Germany, France, the United States, Spain, Russia, Netherlands, and Belgium.

Key Details About the Magnesium Sulfate 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 the magnesium sulfate price, feed barley price and EPDM rubber price etc. 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 Magnesium Sulfate Price Trends, pricing database, and analysis 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.

Industrial  Uses Impacting Magnesium Sulfate Price Trend:

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The fundamental factors influencing the price trend of magnesium sulphate are the growing need to produce high-level agricultural output along with the significant development of the worldwide agriculture sector.

In addition, the growing use of magnesium sulphate in the personal care and cosmetics industry to make a range of vital personal care products, such as skincare, hair care, suntan, and skin fresheners, will create potential opportunities for the growth of the global magnesium sulphate sector in the coming years.

It is also used in numerous other industrial applications, including those in the textile, leather, chemical, and pigment industries.

Additionally, pre-eclampsia and eclampsia are treated with magnesium sulphate crystals since they are odourless and white in colour and act as an anticonvulsant, cathartic, and electrolyte replenishment. Additionally, magnesium is often employed in nutraceuticals products because it is important for the human body as a supplement.

Key Market Players:

  • PQ Corporation
  • Umai Chemical Co. Ltd.
  • Laizhou Guangcheng Chemical Co.
  • Giles Chemical

News and Events:

  • May 7, 2022: As per the latest study report in allergy, magnesium sulfate is a reliable and useful drug for critical laryngeal exposure patients as per the European Journal of Allergy and Clinical Immunology.

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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 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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