Magnesium Sulfate Prices, Price Chart, Historical and Forecast Analysis| Provided by Procurement Resource

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:

Price Trend ImageThe 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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