Sodium Nitrate Prices | Current and Forecast
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Monitor monthly Sodium Nitrate price assessments covering 5 locations: United States, Europe, South America, Central Europe and China. Also check Sodium Nitrate 10-year price history and forecasts.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including Sodium Nitrate.
Data Legend. The chart above shows Sodium Nitrate price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:
- Sodium Nitrate, US (United States): Sodium Nitrate, export transaction price, fob, United States
- Sodium Nitrate, EUR (Europe): Sodium Nitrate, import transaction price, cif, Germany
- Sodium Nitrate, SAM (South America): Sodium Nitrate, export transaction price, fob, Chile
- Sodium Nitrate, CEU (Central Europe): Sodium Nitrate, export transaction price, fob, Poland
- Sodium Nitrate, CN (China): Sodium Nitrate, export transaction price, fob, China
Data Use. Sodium Nitrate prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .
Data Delivery Methods. Sodium Nitrate price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); or (iii) a web API (to facilitate integration with existing workflows).
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Sodium Nitrate Price Outlook. The price of Sodium Nitrate (United States) increased during April 2019 to 685 USD per metric ton, which represents a rise of 4% compared to the previous month’s value. On a year-over-year basis, the prices of Sodium Nitrate (United States) increased significantly by 35%. Meanwhile, the average price of Sodium Nitrate (China) amounted to 409 USD per metric ton, from 559 USD per metric ton one year earlier. On a month-over-month basis, the price of Sodium Nitrate (China) is 3% lower than the price one month before.
The price of Sodium Nitrate (Europe) declined slightly throughout April 2019, reaching 658 USD per metric ton. The price is 2% lower than the average price in the previous month and 1% lower than the average price one year before. In contrast, the prices of Sodium Nitrate (Central Europe) decreased modestly during April 2019, reaching 620 USD per metric ton, which means a decline of 1% from the previous month’s price and a rise of 4% from the previous year’s price.
The prices of Sodium Nitrate (South America) experienced a modest decline of 18 USD per metric ton from the prior month's price, to 569 USD per metric ton. Such price movement meant a decrease of 3% on a monthly basis and a decrease of 7% on a yearly basis.
About Sodium Nitrate. Sodium Nitrate is a white granular powder found in naturally occurring deposits, mainly in Chile, rendering the name Chilean saltpeter, but also produced synthetically. Obtaining it pure from the mineral deposits of caliche is a complex process with several steps, which was improved over time to accept raw material with low sodium nitrate content. The first improvement was the Shanks hot leaching process, which was replaced by the Guggenheim low-temperature leaching process, still in use today and capable of processing caliche with a Sodium Nitrate content as low as 7% by weight.
On the other hand, synthetic Sodium Nitrate can be produced by reacting nitric acid with sodium hydroxide. The usual route, however, is to use the waste gases from nitric acid production plants, which contain nitrogen oxides and can be treated with caustic soda or sodium carbonate solutions to yield sodium nitrate.
Historically, Sodium Nitrate was used as a natural fertilizer and for explosives production. Chilean Nitrate is soluble in water and slightly soluble in oxygenated solvents. It is not combustible, but it enhances the combustion of other substances if present.
Sodium Nitrate Production. Raw materials and the respective production processes employed in the manufacturing of Sodium Nitrate are listed below.
- Caliche ore (ore extraction/mineral beneficiation),
- Sodium carbonate/sodium hydroxide + nitric acid (salt formation),
- Sodium nitrite + nitric acid (salt formation)
Sodium Nitrate Uses. The uses and applications of Sodium Nitrate may vary according to its specification. The main forms of p-Cresol are granulated (98 wt%, from Chile saltpeter) and synthetic (99.5 wt%).
