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Sodium Formate Production Cost Analysis Report, Manufacturing Process, Provided by Procurement Resource

The latest report titled “Sodium Formate Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Sodium Formate.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request Free Sample – https://www.procurementresource.com/production-cost-report-store/sodium-formate/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Sodium Formate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Sodium Formate Production Process:

From Chemical Reaction between Carbon Monoxide and Sodium Hydroxide: This report presents the detailed production methodology and cost analysis of Sodium Formate industrial production across Sodium Formate manufacturing plants. The process initiates with the chemical reaction between sodium hydroxide (caustic soda) and carbon monoxide under elevated temperature conditions. The temperature is held at approximately 150-170 °C under a pressure of around 2 MPa, leading to the production of sodium formate as the end product.

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Product Definition:

Sodium formate is a sodium salt derived from formic acid. Its chemical formula is NaHCOO. This white, crystalline substance is commonly used in various industrial applications. Sodium formate is a versatile compound, finding use as a de-icing agent, a buffering agent in the textile and leather industries, and a reducing agent in certain chemical processes. It is also employed in oil and gas drilling operations and serves as a key component in de-inking processes for paper recycling. The compound’s ability to readily release formic acid makes it useful in diverse applications, showcasing its importance in both chemical and industrial contexts.

Market Drivers:

The market drivers for sodium formate are influenced by its diverse applications across several industries. Firstly, the de-icing sector propels demand, especially in colder regions where sodium formate is used as an environmentally friendly alternative to traditional de-icing agents. In the textile and leather industries, its role as a buffering agent and catalyst in dyeing processes contributes to market growth. Additionally, its application as a reducing agent in certain chemical reactions, such as the synthesis of other chemicals, stimulates demand. Furthermore, sodium formate’s use in the oil and gas industry for shale gas extraction and drilling operations contributes to market expansion. Overall, the compound’s versatility and its eco-friendly characteristics make it a valuable component in various industrial processes, driving its demand across different sectors.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

Adapting the report to the country/region where you intend to establish your plant.
Adjusting the manufacturing capacity of the plant according to your needs.
Customizing machinery suppliers and costs to meet your requirements.
Providing additional information to the existing scope based on your needs.

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

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Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Coated Virgin Paperboard (230 GSM) Price, Historical Charts, Forecasts & News

In the first and second quarters of 2023, the coated virgin paperboard (230 GSM) market was significantly influenced by the performance of the paper and pulp industries. German manufacturers dealing with this product faced stagnant new orders, leading to increased inventory levels and a negative impact on prices.

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During the Easter season, some manufacturers in Germany temporarily halted production to balance demand and supply. In North America, the decline in coated virgin paperboard prices was more gradual due to challenging market conditions, high inflation rates, shifting consumer preferences, and soaring interest rates aimed at stabilizing the region’s economy. These factors collectively contributed to the price trend in this industry during the first half of 2023.

Definition

Coated virgin paperboard with a grammage of 230 GSM is characterized by its qualities that make it suitable for various applications. It offers a combination of strength and rigidity, making it ideal for packaging and printing needs. The coating on one or both sides enhances its printability, providing a smooth and receptive surface for high-quality graphics and text. Its durability ensures structural integrity, and it can hold ink well, making it suitable for vibrant and sharp printing. These properties make it a versatile choice for applications requiring both visual appeal and robust performance, such as packaging, promotional materials, and printed collateral.

Key Details About the Coated Virgin Paperboard (230 GSM) 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 Coated Virgin Paperboard (230 GSM) 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 Coated Virgin Paperboard (230 GSM) Price Trends, including India Coated Virgin Paperboard (230 GSM) price, USA Coated Virgin Paperboard (230 GSM) price, 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 the Coated Virgin Paperboard (230 GSM) Price Trend:

Coated virgin paperboard with a grammage of 230 GSM finds a diverse range of industrial applications. In packaging, it is used to create folding cartons, boxes, and packaging materials for various consumer products, cosmetics, pharmaceuticals, and electronics. Its smooth surface and printability make it ideal for high-quality printed materials like brochures, catalogs, posters, and marketing collateral. In stationery, it’s employed for notebooks, folders, and binders. Coated virgin paperboard is also vital for greeting cards and luxury packaging for premium products. Its durability and ability to hold ink make it suitable for labels on bottles, cans, and consumer goods. Additionally, it serves well in promotional displays, educational materials, and game boards due to its structural integrity and print quality.

Key Players:

Caraustar
Westrock
Pacific paper
Spartan Paperboard
Paperworks
Smurfit Kappa

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Reference Link – https://theprocurementexpert.com/coated-virgin-paperboard-230-gsm-prices/

Butane Prices Today, Price Chart and Forecast Analysis Provided by Procurement Resource

In the first half of 2023, the price trend of butane in Asia, Europe, and North America faced challenges stemming from global economic weaknesses and specific regional factors. In Asia, slow recovery and high Russian imports led to rising inventories, while weak economic growth and reduced demand from downstream sectors affected butane prices.

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In Europe, high inflation, trade sanctions, and weak demand exerted pressure on butane prices, exacerbated by a feeble currency situation. North America experienced price volatility, shifting demand, unemployment rises, and declining production, with sporadic signs of improvement but overall influenced by a weak economic environment. These factors collectively impacted butane prices across these regions.

Definition

Butane is a hydrocarbon gas with the chemical formula C4H10, consisting of four carbon atoms and ten hydrogen atoms. It is a flammable, colorless gas at room temperature and pressure. Butane is commonly used as a fuel due to its high energy content and is often found in portable canisters for stoves, lighters, and torches. It is known for its low boiling point, making it easily vaporized for combustion. Butane is odorless, and an odorant is often added for safety. It is highly flammable and should be handled with care.

Key Details About the Butane 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 Butane 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.

The Butane Price Trends, including India Butane price, USA Butane price, 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 the Butane Price Trend:

Butane, a hydrocarbon gas composed of four carbon atoms and ten hydrogen atoms (C4H10), serves various crucial industrial purposes. Its flammable nature and high energy content make it a valuable fuel source. Butane is commonly used in portable stoves, lighters, and torches, catering to outdoor enthusiasts, campers, and industries requiring portable heating or power sources. Additionally, it plays a role in aerosol propellants, serving as a vehicle to expel various products like deodorants and paints from containers. Chemical processes utilize butane as a feedstock for producing essential compounds, including butadiene for synthetic rubber. Its versatility and combustion properties render butane indispensable in multiple industrial applications.

Key Players:

Merck KGaA
Exxon Mobil Corporation
Chevron Phillips Chemical Company LLC
BP plc
Shell plc

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Ibuprofen Price History and Forecast Analysis Provided by Procurement Resource

In Asia, ibuprofen prices initially rose due to strong pharmaceutical orders and China’s post-lunar holiday production boost. However, they declined in the second quarter due to reduced exports, a sluggish global economy, and government economic measures. Europe experienced stability in the first quarter with robust pharmaceutical demand but insufficient inventories. The strengthening European currency drove price hikes.

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In the second quarter, prices fell due to waning demand, efficient supply chains, lower freight costs, and reduced energy prices. North America saw initial ibuprofen price increases with heightened trading and pharmaceutical procurement but faced second quarter declines due to reduced sales, increased inventories, and market challenges.

Definition

Ibuprofen is a nonsteroidal anti-inflammatory drug (NSAID) commonly used as a pain reliever, fever reducer, and anti-inflammatory medication. It works by inhibiting enzymes that produce prostaglandins, substances involved in pain and inflammation. Ibuprofen is available over the counter and by prescription, offering relief from various conditions like headaches, muscle pain, and arthritis. Its properties include analgesic (pain relief), antipyretic (fever reduction), and anti-inflammatory effects. Ibuprofen is generally well-tolerated but can have side effects, particularly with prolonged use, such as gastrointestinal irritation and, rarely, more serious complications.

Key Details About the Ibuprofen 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 Ibuprofen 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.

The Ibuprofen Price Trends, including India Ibuprofen price, USA Ibuprofen price, 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 the Ibuprofen Price Trend:

Ibuprofen, primarily known for its widespread use as an over-the-counter pain reliever and anti-inflammatory medication, also has industrial applications. Its anti-inflammatory properties make it valuable in pharmaceutical manufacturing, where it serves as a key ingredient in various prescription and non-prescription drugs. Furthermore, ibuprofen’s role as an active pharmaceutical ingredient (API) extends to the production of topical creams and gels for pain relief. Its anti-inflammatory capabilities find applications in the development of medical devices, such as drug-eluting stents, which release ibuprofen to prevent inflammation during implantation. Overall, ibuprofen’s industrial significance lies in its pharmaceutical and healthcare-related uses, contributing to the well-being of individuals worldwide.

Key Players:

BASF SE
BIOCAUSE Inc
Solara Active Pharma Sciences Limited
IOL Chemicals and Pharmaceuticals Limited
SI Group Inc

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Tin Plate Price Chart, Historical and Forecast Analysis | Procurement Resource

During the initial half of 2023, Asian Tin Plate prices closely followed the patterns seen in Tin feedstock. They experienced an initial decrease owing to oversupply and decreased demand associated with the Chinese Lunar New Year. Nevertheless, prices bounced back in the second quarter as industries resumed their operations. In Europe, Tin Plate prices mirrored the trends in Tin metal, dropping in the first quarter due to weakened demand downstream and remaining steady in the second quarter. The presence of alternative metal choices such as steel and aluminum played a role in shaping demand, leading to an overall sluggish sentiment in the Tin Plate market during this period.

Request for Real-Time Tin Plate Prices: https://www.procurementresource.com/resource-center/tin-plate-price-trends/pricerequest

Definition

Tin plate refers to thin sheets of steel that have been coated with a layer of tin through a process called electroplating. This coating provides the steel with enhanced corrosion resistance and a shiny appearance. Tin plates are commonly used in the packaging industry for producing cans, containers, and other forms of food and beverage packaging due to their protective and aesthetic properties.

Key Details About the Tin Plate 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 Tin Plate 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.

The Tin Plate Prices, including India Tin Plate price, USA Tin Plate price, 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 the Tin Plate Price Trend:

Tin plate is predominantly utilized in the packaging industry for its primary applications. It is widely employed in the production of cans, containers, and various types of food and beverage packaging due to its corrosion-resistant characteristics and appealing aesthetics. Furthermore, it holds significant importance as a vital material in the manufacturing of electronic components, such as capacitors and printed circuit boards, where its excellent conductivity and solderability are essential for achieving peak performance.

Key Players:

The Tinplate Company of India Limited (TCIL)
JSW Steel Coated Products Ltd.
ArcelorMittal
Titan Steel Corporation
Sino East Steel Enterprise Co., Ltd.
Nippon Steel Corporation

News & Recent Development:

Tin’s recent stability amid softened demand and improved supply offers respite from its historical volatility. Trading within a range since May, the market benefits from heightened global inventory due to stockpiling. However, this period of calm could be short-lived as market dynamics shift. Potential disruptions from key tin-producing countries, Myanmar and Indonesia, present supply uncertainties. Myanmar’s mining suspension and Indonesia’s intent to curtail exports highlight these concerns.

About Us:

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Christeen Johnson
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Tin Price Chart, Historical and Forecast Analysis | Procurement Resource

Tin prices saw positive gains in the first and second quarters of 2023, primarily driven by strong global demand and constrained supply. Supply chain disruptions led to dwindling inventories, which further bolstered the upward trajectory of tin prices. Maintenance activities in production facilities across the Asia Pacific region did affect supply, but existing inventories were sufficient to meet the reduced demand during this period. However, there were concerns stemming from fluctuations in the electronics market, which is a significant driver of the tin industry. The sluggish recovery in the semiconductor and electronics sectors had an impact on the overall demand for tin, thereby influencing its price growth.

Request for Real-Time Tin Prices: https://www.procurementresource.com/resource-center/tin-price-trends/pricerequest

Definition

Tin is a chemical element with the symbol Sn and atomic number 50. It is a soft, silvery-white metal known for its malleability and low melting point. Tin exhibits good corrosion resistance, making it suitable for various applications. It forms alloys easily, such as bronze and pewter, which are utilized for decorative and industrial purposes. Tin’s low toxicity makes it suitable for food packaging and utensils. Its primary oxide, tin oxide, is used as a transparent conductor in electronic devices like touchscreens.

Key Details About the Tin 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 Tin 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.

The Tin Prices, including India Tin price, USA Tin price, 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 the Tin Price Trend:

Tin is valued for its versatile industrial applications, thanks to its advantageous properties. With its excellent corrosion resistance and low melting point, it plays a crucial role in the production of solder, which is essential for connecting electrical components. Tin-plating further extends the lifespan of metals by preventing corrosion, commonly used in items such as food packaging, cans, and various metal objects. Tin-based alloys like bronze and pewter are employed in crafting durable and decorative items. Moreover, the electronics industry heavily relies on tin for soldering circuit components. Tin also plays a vital role in the manufacturing of glass, ceramics, and enamel coatings. Its non-toxic qualities make it suitable for use in dental amalgams and cosmetics. The adaptability of tin across different sectors underscores its significant role in modern industrial processes.

Key Players:

Umicore N.V.
American Elements
Yunnan Tin Group Company Limited
Malaysia Smelting Corporation Berhad
Minsur S.A.
Thailand Smelting and Refining Co Ltd

News and recent development:

The U.S. Commerce Department announced that it will impose provisional anti-dumping taxes on imports of tin-plated steel from Canada, Germany, and China while exempting five other nations, providing some solace to the industry of food cans who had expected greater levies. The government announced that tin mill steel imported from China, including the nation’s largest producer, Baoshan Iron and Steel, will be subject to the highest provisional anti-dumping charges of 122.5%.

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Urea Formaldehyde Resins Price Chart, Historical and Forecast Analysis | Procurement Resource

The Asia Pacific region initially witnessed a surge in urea formaldehyde resin prices driven by high demand and limited supply, which was fueled by the resurgence of Chinese market activities after COVID-19 restrictions were lifted. However, during the second quarter, prices experienced a decline due to reduced support from the feedstock market, an oversupply of the product, and decreased demand from downstream industries. In Europe, declining feedstock costs and subdued demand resulted in price reductions in both quarters. Similarly, in North America, poor performance in feedstock, increased supply, and low demand from industries such as furniture and wood all contributed to the decline in urea formaldehyde resin prices during the first and second quarters of 2023.

Request for Real-Time Urea Formaldehyde Resins Prices: https://www.procurementresource.com/resource-center/urea-formaldehyde-resins-price-trends/pricerequest

Definition

Urea formaldehyde resin is a thermosetting synthetic polymer formed by the reaction of urea and formaldehyde. It exhibits excellent adhesive properties, high heat resistance, and water resistance, making it widely used in various industries. These resins are commonly utilized as adhesives in wood and furniture manufacturing due to their strong bonding capabilities. Urea formaldehyde resins are known for their ability to improve crease resistance in textiles and provide adhesion in coatings. They play a crucial role in the production of composite wood products, textiles, paper, and coatings due to their versatile properties.

Key Details About the Urea Formaldehyde Resins 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 Urea Formaldehyde Resins 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.

The Urea Formaldehyde Resins Prices, including India Urea Formaldehyde Resins price, USA Urea Formaldehyde Resins price, 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 the Urea Formaldehyde Resins Price Trend:

Urea formaldehyde resins are widely employed in a range of industries owing to their multifaceted characteristics. In the realm of wood and furniture manufacturing, these resins are a common choice as adhesives for creating particleboard, plywood, and various composite wood items. Their exceptional bonding strength and resistance to water render them well-suited for construction and interior applications. Moreover, urea formaldehyde resins play a pivotal role in the textile, paper, and coatings sectors. They contribute significantly to enhancing crease resistance and durability in textiles, while also providing crucial adhesion and gloss in coating applications, thus making them indispensable components within these industries

Key Players:

BASF SE
Hexion
ADVACHEM
Kronoplus Limited
Georgia-Pacific Chemicals

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Mentha Oil Price Chart, Historical and Forecast Analysis Provided by Procurement Resource

Mentha Oil or methanol oil is obtained from the dried Mentha arvensis leaves through a process of steam distillation and filtration. The leaves of the plant are made up of monoterpenes, sesquiterpenes, and volatile components such as menthol, iso-menthone, carvacrol, pulegone, and menthone, with a specific mint flavour. The final oil derived has a potent, refreshing, and minty smell which makes it ideal for end-user applications like food, pharmaceutical, and cosmetic industries.

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The top Mentha oil importers are the United States, Netherlands and France, and its largest exporters are Germany, India and the Netherlands.

Key Details About the Mentha Oil 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 Mentha Oil 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.

The Mentha Oil Price Trends, including India Mentha Oil price, USA Mentha Oil price, 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 Mentha Oil Price Trend:

Mentha oil is mainly used in the food, pharmaceutical, perfumery and flavouring industry and is added to many products, which is the main factor driving its market demand. The tiniest quantity of mentha extracts is potent enough to be used in products such as creams, balm, cigarettes, medicines, food and soft drinks. In addition, the oil is rich in many vital properties; that is beneficial for the skin and can help treat conditions like acne. It is also great for managing hormones, improving the nervous system, and being added to many pharmaceutical and cosmetic products. Furthermore, it can also relieve stomach issues like inflammation. The Pharmaceutical industry finds applications for treating swelling in the gums, toothache, insomnia, and nervous stress. In many cosmetic products, it has been added in the form of an extract, for instance, in soaps, perfumes, talcum powder etc. Other uses of the product include its addition in female sexual dysfunction creams/gels, in aromatherapy and in culinary applications for making food products like herbal tea sweets, drinks and chutneys among others.

Key Players:

Sydney Essential Oil Co
Aksu Vital Natural Products and Cosmetics
Ultra International B.V
Farotti Srl
Robertet Group
Young Living Essential Oils
Lionel Hitchen Ltd

News & Recent Development

27 June 2023- The Average Price(Rs./Unit) for mentha oil in India is expected to be 892.91 till 30 June 2023.

About Us:

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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Melamine Prices: Latest Price, News, Market Analysis, Historical & Forecast, Database, Chart

Melamine (C3H6N6) is an organic compound that comprises of six-atoms forming a heterocyclic ring of alternative carbon and nitrogen atoms, attached with three amino groups attached to it. The compound is white in color and is rich in nitrogen.

The derivatives obtained from Melamine comprise a flame-retardant property which is because it releases nitrogen when burned. The melting point of the compound measures around 343° C. Industrially, it is used to produce thermosetting plastics. These plastics react with formaldehyde compounds.

Request for Real-Time Melamine Prices: https://procurementresource.com/resource-center/melamine-price-trends/pricerequest

India, the United States, and Vietnam are the key importing countries that import Melamine. On the other hand, the key exporting countries for the same are China, India, and Germany.

Key Details About the Melamine 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 Melamine 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.

The Melamine Price Trends, including India Melamine price, USA Melamine price, 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 Melamine Price Trend:

Melamine is a compound that is rich in nitrogen which is used in various industrial applications. It is used to manufacture various products such as thermosetting plastics, kitchenware, dinner wares, plywood, decorative laminates, and much more. The resins are produced with a mixture of Melamine and formaldehyde compound, which is used in high-pressure decorative laminates, laminate floorings, and dry eraser boards.

Moreover, the foam created using Melamine is used as an insulation or soundproofing material and in polymeric cleaning products. It is a colorant in inks and plastics, particularly in manufacturing pigment yellow 150.

Key Players:

Sichuan Golden Elephant Chemical
Nissan Chemical Industries
BASF SE
Mitsui Chemicals Inc.
OCI Nitrogen
Cornerstone Chemical Company
Borealis AG
Haohua Junhua Group Co. Ltd.
Methanol Holdings

About Us:

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

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Lithium Hydroxide Prices Today, Price Chart and Forecast Analysis Provided by Procurement Resource

Lithium Hydroxide (LiOH) is a liquid chemical compound that is inorganic in nature. The chemical is watery-whitish in color and has a strong, pungent odor that is highly soluble in water and is hygroscopic. The chemical compound’s melting and boiling point measure around 462° C and 924° C, respectively.

Moreover, the compound is also soluble in ethanol solution. It is classified as a strong base, while it is also considered to be the weakest known alkali metal hydroxide. It undergoes a double displacement reaction in the presence of a catalyst, i.e., sulfuric acid, that gives lithium sulfate and water as the resultant products. The compound has a neutralizing effect on the acid it is reacted with; one such common acid is hydrochloric acid.

Request for Real-Time Lithium Hydroxide Prices: https://procurementresource.com/resource-center/lithium-hydroxide-price-trends/pricerequest

India, the Netherlands, and the United States are key importing countries to import Lithium Hydroxide. On the other hand, the key exporting countries include the United States, Belgium, and the Netherlands.

Key Details About the Lithium Hydroxide 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 Lithium Hydroxide 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.

The Lithium Hydroxide Price Trends, including India Lithium Hydroxide price, USA Lithium Hydroxide price, 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 Lithium Hydroxide Price Trend:

Lithium Hydroxide is an industrial chemical that has wide range of applications, especially in cathode material manufacturing activities. The inorganic chemical compound is commercially used as a chief ingredient in the production of lithium soaps of fatty acid, which is further used commercially as a lubricant thickener. In batteries, it is used as an electrolyte along with other metals like nickel and cobalt. It is mainly consumed in the production of cathode materials, such as lithium iron phosphate or lithium cobalt oxide batteries.

Moreover, the compound absorbs carbon dioxide from the air within the spacecraft, which is why it is used in space vehicles. It is an alternative that is preferred over lithium carbonate as a precursor to various cathode materials like nickel and cobalt.

Key Players:

Albemarle
SQM
Jiangxi Dongpeng New Materials
Tianqi Lithium
Livent
Ganfeng Lithium
Sichuan Yahua Group
Ruifu Lithium

News & Recent Development

Date: February 20, 2023- Australia’s largest lithium dealer Pilbara Minerals has announced that it is selling around 15000 tonnes of spodumene in March. The strategy aims to win against the falling Lithium Hydroxide prices in the market.

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