Sodium chloride price April 2024 and outlook (see chart below)

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Sodium chloride (salt) price index

This post is a summary of the Sodium chloride (salt) developments. The price developments of Sodium chloride (salt) are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Sodium chloride (salt) price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.

The outlook for Sodium chloride (salt) prices, on the second tab, is generated from different inputs including:

  • Very recent price developments of immediate cost drivers of Sodium chloride (salt) prices
  • Recent price developments of underlying feedstocks which drive the price of Sodium chloride (salt)
  • Market futures for both cost drives and feedstocks of Sodium chloride (salt) prices
  • Adjustment of current supply/demand imbalances in the Sodium chloride (salt) market
  • Longer term trends in likely demand conditions

Further information on the Sodium chloride (salt) price index

 

What is Sodium chloride (salt)

Sodium chloride is a chemical compound with the chemical formula NaCl. It is commonly known as table salt or simply salt. Sodium chloride is composed of sodium ions (Na+) and chloride ions (Cl-). It is one of the most widely used and important chemical compounds, with various applications in everyday life, industry, and science.

Here are some key points about sodium chloride:

Composition

Sodium chloride is composed of equal numbers of sodium ions and chloride ions bonded together in a crystalline structure.

Appearance

It typically appears as a white crystalline solid, although impurities can sometimes give it a different color.

Solubility

Sodium chloride is highly soluble in water, meaning it readily dissolves in water to form a clear, salty solution.

Taste

It has a characteristic salty taste, which is why it is commonly used as a seasoning and preservative in food.

Sodium chloride has numerous applications, including

  • As a food seasoning and preservative.
  • In the production of chemicals such as chlorine and sodium hydroxide through the chloralkali process.
  • In water treatment to soften water and disinfect it.
  • In the manufacture of various products such as detergents, soaps, and glass.
  • As a de-icing agent on roads and sidewalks during winter.
  • In the medical field for saline solutions and various treatments.

Overall, sodium chloride is a vital compound with diverse applications in various industries and everyday life.

 

Properties of Sodium chloride (salt)

Sodium chloride, commonly known as table salt, has several properties that make it useful across various industries and in everyday applications. Here are some of its key properties:

Physical State

Sodium chloride typically exists as a crystalline solid at room temperature and pressure. It forms cubic crystals with a characteristic salt-like appearance.

Solubility

Sodium chloride is highly soluble in water. At room temperature, approximately 36 grams of sodium chloride can dissolve in 100 milliliters of water, making it a readily soluble substance.

Melting and Boiling Point

Sodium chloride has a high melting point of 801°C (1474°F) and a high boiling point of 1413°C (2575°F). These high melting and boiling points contribute to its stability and usefulness in various industrial processes.

Taste

Sodium chloride has a characteristic salty taste, which is one of its most well-known properties. This taste is essential for its use as a food seasoning and preservative.

Density

The density of sodium chloride varies depending on its form and purity. Typically, it has a density of about 2.165 grams per cubic centimeter (g/cm³) for solid salt.

Color

Pure sodium chloride appears as a white crystalline solid. However, impurities can sometimes impart different colors to salt, such as pink (from iron oxide) or gray (from minerals like gypsum).

Electrical Conductivity

Sodium chloride is an electrolyte and conducts electricity when dissolved in water or when melted. This property is exploited in various applications, including in the production of chlorine and sodium hydroxide through the chloralkali process.

Hygroscopicity

Sodium chloride has hygroscopic properties, meaning it can absorb moisture from the air. This property can cause salt to clump together over time, especially in humid environments.

These properties make sodium chloride a versatile compound with a wide range of applications in industries such as food and beverage, chemical processing, water treatment, pharmaceuticals, and more.

 

How is Sodium chloride (salt) produced

Sodium chloride, or table salt, is primarily produced through two main methods: evaporation of saltwater and mining of salt deposits. Here’s a brief overview of each method:

Evaporation of Saltwater (Solar Salt Production)

This method is used in regions with abundant sunlight and access to seawater. Seawater is collected in large, shallow ponds called salt pans or salt evaporation ponds. The seawater is allowed to evaporate under the sun, leaving behind salt crystals. As the water evaporates, the concentration of salt in the remaining solution increases until it reaches saturation and salt crystals begin to form. The salt crystals are then harvested, washed, and further processed to remove impurities, resulting in pure sodium chloride.

Mining of Salt Deposits (Rock Salt Production):

Salt deposits, known as halite deposits, are found underground in various regions around the world. These deposits were formed millions of years ago when ancient seas evaporated, leaving behind layers of salt. To extract salt from these deposits, mining operations are conducted. Miners use traditional mining techniques such as drilling, blasting, and digging to access the salt deposits. Once the salt is extracted, it is crushed, ground, or dissolved in water to produce a brine solution. The brine solution is then processed through evaporation or other methods to isolate the sodium chloride crystals. The extracted salt undergoes further purification to remove impurities and is then ready for various industrial and consumer applications. Both methods have their advantages and are used depending on factors such as geographical location, availability of resources, and economic considerations. However, solar salt production is generally more common due to its simplicity and lower production costs in suitable coastal regions.

 

What are the uses of Sodium chloride (salt)

Sodium chloride, commonly known as table salt, has a wide range of uses across various industries and in everyday life. Some of the most common uses of sodium chloride include:

Food Seasoning: Sodium chloride is perhaps best known for its use as a seasoning in food. It enhances flavor and is used to add taste to a wide variety of dishes, from savory to sweet.

Food Preservation: Sodium chloride is also used as a preservative to extend the shelf life of food products by inhibiting the growth of bacteria and other microorganisms.

Chemical Production: Sodium chloride is a key raw material in the production of various chemicals. It is used in the chloralkali process to produce chlorine, sodium hydroxide (caustic soda), and hydrogen gas, which are essential in the manufacturing of plastics, detergents, paper, and other chemical products.

Water Treatment: Sodium chloride is used in water treatment processes to soften water by removing calcium and magnesium ions. It is also used in the production of brine solutions for desalination and as a disinfectant in swimming pools.

Deicing: Sodium chloride is widely used as a deicing agent to melt ice and snow on roads, sidewalks, and runways during winter months. It lowers the freezing point of water, helping to prevent the formation of ice and making it easier to clear snow and ice from surfaces.

Industrial Processes: Sodium chloride is used in various industrial processes, such as in the manufacturing of glass, ceramics, and metals. It is also used in oil and gas drilling operations, as a flux in metallurgy, and in the production of pulp and paper.

Medical Applications: Sodium chloride is used in medical settings to prepare saline solutions for intravenous fluids, wound irrigation, and nasal irrigation. It is also used in saline nasal sprays and eye drops for various medical conditions.

Animal Nutrition: Sodium chloride is an essential nutrient for animals and is often added to animal feed to ensure proper electrolyte balance and overall health.

Overall, sodium chloride plays a crucial role in numerous industries and applications, making it one of the most important and versatile chemical compounds in the world.

 

How big is the global Sodium chloride (salt) market

The global sodium chloride (salt) market size was valued at approximately USD 17.1 billion in 2020. This market encompasses various industries including food and beverage, chemical processing, water treatment, de-icing, pharmaceuticals, and others. The market size can fluctuate over time due to factors such as changes in demand, economic conditions, and regulatory developments.

According to OEC.world: 

In 2021 Salt (sodium chloride) including solution, salt water were the world’s 894th most traded product (out of 4,641).

In 2021, the top exporters of Salt (sodium chloride) including solution, salt water were Australia ($435M), Netherlands ($364M), Germany ($329M), Canada ($245M), and Mexico ($230M).

In 2021, the top importers of Salt (sodium chloride) including solution, salt water were United States ($617M), Japan ($274M), Germany ($242M), China ($217M), and South Korea ($182M).

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