Sodium Silicate Prices: Market Analysis, Trend, News, Graph and Demand
North America The U.S. Sodium Silicate market saw continued price declines, primarily due to weak demand from the construction and cement sectors. Prices dropped by 2.8% in October as the cement industry struggled with reduced demand and adverse weather, leading to sluggish sales. Major producers like Cemex reported lower earnings, reflecting the subdued market environment. A broader slowdown in the manufacturing sector further dampened Sodium Silicate consumption, with several months of weak order activity. In November, prices declined an additional 2.9%, driven by an influx of lower-cost imports from China and falling global freight rates. Domestic procurement also slowed as cement producers scaled back operations in anticipation of lower production volumes. Soft consumption in China further pressured global quotations, contributing to the downtrend. December brought a modest price rebound, supported by higher import costs amid rising ocean freight rates. However, demand f...