SOP, or Sulphate of Potash, blends potash and sulphur in its composition. With a molecular weight of 174.259 g/mol and the chemical formula K2SO4, it typically holds around 18% sulphur and 51% soluble potash. Additionally, traces of metals like calcium and magnesium are present in SOP. Primarily used as a fertilizer, SOP serves as a rich source of potassium and sulphur. Its low chloride content makes it an effective shield for plants against pests and diseases.
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SOP is produced through a decantation process involving Langbeinite and a potent potassium chloride solution. This process results in the precipitation of potassium sulphate, which is then isolated via decantation.
Major exporting countries include China, Sweden, Saudi Arabia, and Egypt, while leading SOP producers are Pakistan, Indonesia, Uzbekistan, and the Philippines.
Key Details About the SOP 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 SOP 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; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The SOP price forecast, pricing database, and analysis can prove valuable for 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 SOP Price Trend:
Potassium sulfate serves diverse purposes, being a key component in propellants and glass production. Its versatile uses span mining, fertilizers, chloride-free drilling fluids, and as an enhancer in water-based solutions.
Furthermore, it acts as a valuable crop fertilizer for tobacco, certain vegetables, and fruits. Additionally, it serves as a supplement in animal feed and contributes to the creation of lubricants and dyes.
Its applications extend to ceramic production and as a flash suppressant in explosives.
Key Players:
- Agrico Canada L.P
- Ameropa Australia Pty Ltd
- Archean Group
- AG CHEMI GROUP s.r.o
- AgroLiquid
- ArrMaz Gulf Chemicals, Ltd
News and Events:
- November 11, 2022: Sulphate of potash is solely produced by Archean Chemical Industry, and a study found that it is a premium speciality chemical for chlorine-sensitive crops and has a number of medical applications.
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