Carbon Black Prices, Trends & Forecasts | Provided by Procurement Resource

During the first half of 2023, the carbon black market experienced distinct trends in Asia, Europe, and North America. In Asia, slow demands and reduced upstream costs led to bearish sentiments, but prices picked up in the latter half of the second quarter due to depleted inventories and increased downstream sector demands. Europe observed fluctuating prices, mostly low in the first quarter with high stocks and steady demand, rising in the second quarter driven by higher downstream demands and declining inventories. North America faced sluggish demand, but recovery signs emerged in late Q2 as demands picked up.

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Definition

Carbon black is a fine black powder composed of carbon particles produced through the incomplete combustion of hydrocarbons like oil or gas. It is one of the most commonly used reinforcing fillers in the rubber and tire industry due to its excellent reinforcing properties, which enhance the strength, durability, and wear resistance of rubber products. Carbon black is also utilized in various other applications, including pigments, inks, and plastics.

Key Details About the Carbon Black 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 Carbon Black 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 Carbon Black Price Trends, including India Carbon Black price, USA Carbon Black 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 Carbon Black Price Trend:

Price-TrendCarbon black has several key industrial uses across diverse sectors. It is predominantly used as a reinforcing filler in the production of rubber products, such as tires, conveyor belts, and automotive components, to enhance their strength and durability. Additionally, it finds application in manufacturing inks, coatings, and pigments due to its excellent black coloring properties. Moreover, Carbon black is utilized in plastics, batteries, and various high-performance materials, making it a crucial component in multiple industrial processes.

Key Players:

  • Orion Engineered Carbon
  • Birla Carbon
  • Phillips Carbon Black Limited
  • Mitsubishi Chemical Corporation
  • Shandong Huadong Rubber Types Co., Ltd
  • Abu Dhabi National Oil Company (ADNOC)

News and recent developments:

Phillips Carbon Black Ltd (PCBL), a part of RP Sanjiv Goenka Group, has commenced commercial production at its Rs 800-crore greenfield carbon black project in Tamil Nadu. The first phase with a manufacturing capacity of 63,000 tonnes per annum is operational, and the second phase of the total 1,47,000-tonne-per-annum project is expected to start within the current fiscal year. The project includes a 24 MW captive power plant and strategic location near ports for easy import of raw materials and exports of finished goods. PCBL aims to raise its specialty carbon black items to enhance profitability and has established R&D centers to explore new product segments.

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 chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Contact Person: Jolie Alexa
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

Ammonia Prices, Trends & Forecasts | Provided by Procurement Resource

Ammonia is a chemical compound. It is a colorless gas with a pungent, suffocating odour. It has the chemical formula NH3 and is composed of one nitrogen atom and three hydrogen atoms.

The boiling point of ammonia is 33.34°C (-28.01°F) and its melting point is -77.73°C (-107.91°F). The density of ammonia is 0.771 g/L at 0°C and 101.325 kPa and its molecular weight is 17.03 g/mol. It is highly soluble in water and the vapor pressure of ammonia is 8.7 atm at 20°C (68°F)

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It is highly reactive and can form explosive mixtures with air, making it a dangerous substance to handle without proper precautions. It is commonly used as a refrigerant, a cleaning agent, and in the production of fertilizers, textiles, and plastics.

China, the United States, Brazil, Russia, Germany, and Australia are the top ammonia-producing countries around the globe.

Key Details About the Ammonia 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 Ammonia 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 Ammonia Price Trends, including India’s Ammonia price, and USA’s Ammonia 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 Ammonia Price Trend:

Ammonia is an essential industrial chemical that is primarily used in various end-user industries. One of its most common uses is as a feedstock for the production of fertilizers, such as urea, ammonium nitrate, and ammonium sulfate.

It is also used as a refrigerant in industrial and commercial cooling systems. It is highly effective at absorbing heat, making it an ideal choice for use in refrigeration and air conditioning.

On the other hand, it is also used in the production of textiles and synthetic fibers, such as nylon and rayon.

It also finds its application in the production of plastics and resins. It is also used as a raw material in the manufacture of products such as polyamides and polyurethanes.

Key Players:

  • Yara International
  • Qatar Fertiliser Company
  • Nutrien Ltd
  • Jordan Phosphate Mines Company Limited
  • Eurochem Group AG
  • Yidu Xingfa Chemical Co., Ltd
  • Yunnan Yuntianhua International Chemical Co., Ltd
  • Chemische Fabrik Budenheim KG
  • Innophos, Inc
  • Maaden-Saudi Arabian Mining Company

Recent News:

  • September 2022: The Global Blue Ammonia Hydrogen Project in United State Gulf Vf was announced by OCI. The company started construction of an about 1.1 million tons per annum blue ammonia facility with an infrastructure of about 2.2 mtpa capacity.

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 chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
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

Caustic Soda Price Trends & Forecasts | Provided by Procurement Resource

Sodium Hydroxide (NaOH), commonly known as Caustic Soda, is an alkali salt. Industrially, it is often referred to as Lye. The electrolysis of Brine solution gives out caustic soda as a product, in the presence of Titanium as an anode and a Mercury layer as the cathode. Evaporation of Sodium hydroxide solution gives solid Sodium Hydroxide, which is pure. This process is known as the Castner-Kellner process.

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It appears to be a solid white powder with a melting point ranging from around 591 K. It is a bitter compound with a slightly soapy texture. Caustic soda is a stable compound partially soluble in alcohol and completely soluble in water.

The top importing countries are Vietnam, the United States, and India. On the other hand, the primary exporting countries are India, China, and Belgium.

Key Details About the Caustic Soda 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 CAUSTIC SODA 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 Caustic Soda Price Trends, including India Caustic Soda price, USA Caustic Soda 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 Caustic Soda Price Trend:

Applications of Caustic soda can be seen in various industries. It is a key industrial chemical in paper and pulp, packaging, detergent, agricultural, health, medical, textile, automobile, construction, and food industries. It is used as a cleansing agent and is a key ingredient in the production of washing soda.

For chemical industries, it acts as a reagent, helps in the industrial production of soda lime, and is involved in the purification of bauxite to extract aluminum, which is further used in construction, making foil, manufacturing components of aircraft, kitchens, and much more.

It also helps manufacture herbicides, dyes, plastics, pharmaceutical products, synthetic fibers, adhesives, and production solvents. The applications of this compound can be seen in food and packaging industries as it helps in curing olive oil, removing vegetable skin, and treating food cans before packaging to stop harmful microbial growth within them etc.

Key Players:

  • Akzo Nobel NV
  • Occidental Petroleum Corporation (OxyChem)
  • Arkema Group, Covestro AG
  • Tata Chemicals Limited
  • Dow Chemical Company
  • Shin-Etsu Chemicals Co. Ltd
  • Saudi Basic Industries Corporation (SABIC)
  • Solvay SA

News & Recent Development

  • Date: 1 March 2023-Gujarat Alkalies and Chemicals commissions an expansion to their Caustic Soda Lye Plant at Dahej. It has upgraded from a 785 MTPD to 1310 MTPD of their Dahej Complex, resulting in the production growth of Caustic Soda.

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 chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
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

Castor Oil Prices, Trends & Forecasts | Provided by Procurement Resource

Castor Oil (C57H104O9) is a commonly known vegetable oil extracted from the castor plant’s seeds. The beans are pressed to obtain a colorless or pale-yellow colored oil which is bitter in taste. It contains monosaturated fatty acids, namely ricinoleic acid, linoleic and oleic acids as its key constituents. Primarily, due to the presence of ricinoleic acid, Castor Oil acquires a lot of nutritional value, which empowers its industrial usage on a large scale. The boiling point of Castor Oil measures approximately around 313° C.

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The key importing countries for Castor Oil are the United States, China, and the Netherlands. On the other hand, India, Germany, and the Netherlands are the primary exporting countries.

Key Details About the Castor 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 Castor 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.

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 Castor Oil Price Trends, including India Castor Oil price, USA Castor 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 Castor Oil Price Trend:

Castor Oil is known for its laxation feature and is an excellent natural laxative for medicinal use. It stimulates the muscle’s movement in the intestines and helps them keep the track clean. The Food and Drug Administration approves the compound. Depending on the usage, if taken in an appropriate dose, it can treat temporary constipation, whereas overdose can cause diarrhea and vomiting.

Additionally, due to the presence of ricinoleic acid in it, it acts as an excellent moisturizer. This element prevents water loss from the outer layer of one’s skin and thus helps to maintain hydration levels. Castrol Oil is used in cosmetic products like lotions, cleansers, etc. It is affordable and hence, preferred along with coconut or jojoba oil. It is also used for healing wounds, manufacturing soaps, ink, hydraulics and brake fluids, dyes, waxes, nylon, perfumes, lubricants, cleaning and maintaining dentures, etc.

Key Players:

  • HOKOKU Co., Ltd
  • Jayant Agro-Organics Limited
  • Thai Castor Oil Industries Co., Ltd.
  • Tongliao Tonghua Castor Chemical Co., Ltd.
  • Taj Agro Products Limited
  • Kanak Castor Products Pvt., Ltd.
  • Liaoyang Huaxing Chemical Co., Ltd.

News & Recent Development

  • Date: March 18,2023– Jamaican farmers are encouraged to use the local castor bean and its derived products. Minister JC Hutchinson says, “There is an opportunity to tap into the high demands of Jamaican Black Castor Oil, noting that the global market for the product is valued at up to US $ 100 Million”.

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 chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
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

Coal Prices, Trends & Forecasts | Provided by Procurement Resource

In the Asia Pacific region, the coal market suffered from reduced demand and currency rate pressures amidst weak economic conditions. Increased mining activities boosted coal availability in the first and second quarters, but insufficient demand from downstream industries led to oversupply. New mines exacerbated the issue, causing a price decline. In Europe, varying consumer habits and higher coal supply drove prices down, and the shift to eco-friendly alternatives decreased orders in the second quarter. Similarly, in North America, excessive supply persisted, driven by ongoing mining activities. Steel and power sectors later stabilized demand, but oversupply remained a key challenge.

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

Definition

Coal is a combustible black or brownish-black sedimentary rock formed from plant remains. It is primarily composed of carbon, along with various other elements and minerals. Coal is extracted from the ground through mining and has been a crucial energy source for centuries. It can be classified into different types based on its carbon content, moisture, and energy content. Coal’s properties include its energy content, hardness, color, and composition, which determine its suitability for various industrial and energy applications, such as electricity generation, heating, and industrial processes.

Key Details About the Coal 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 Coal 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 Coal Price Trends, including India Coal price, USA Coal 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 Coal Price Trend:

Coal has a range of industrial applications due to its energy-rich nature. It has historically been a vital fuel source for power generation, providing a significant portion of the world’s electricity. In industries like steel and cement production, coal is used as a reducing agent and heat source during the manufacturing process. Additionally, coal serves as a feedstock for the production of coke, a critical component in iron and steel making. It’s also employed in some chemical processes, like the production of synthetic fuels and chemicals. However, increasing environmental concerns have led to a push for cleaner alternatives, leading to a gradual decrease in its industrial usage in favor of more sustainable energy sources.

News and recent development:

In the first quarter of fiscal year 2023-24, India’s domestic coal production reached a record high of 223.36 million tonnes, marking an 8.6% year-on-year increase. This growth was mainly attributed to a robust 9.8% year-on-year increase in output by Coal India Ltd (CIL). The power sector remained the largest consumer of domestic coal during this period, accounting for 82% of total coal despatches, highlighting coal’s essential role in fulfilling India’s energy needs.

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: Jolie Alexa
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

Azithromycin Prices, Trends & Forecasts | Provided by Procurement Resource

In 2023, the azithromycin market in Asia experienced a positive price growth in the first and second quarters. This was driven by declining inventories, rising demand from end-users, and a recovery in production potential after the Lunar holiday season in China. In Europe, the market remained stagnant in the first quarter, but saw significant price incline in the second quarter due to increased demand from domestic and international players, along with rising energy production costs due to the Russia-Ukraine war. The North American market followed a similar trend, with gradual price increases supported by consistent demand, and further influenced by increased production activities and surging energy costs.

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Definition

Azithromycin is an antibiotic belonging to the macrolide class, commonly used to treat various bacterial infections. It is derived from erythromycin and exhibits a broader spectrum of activity. Azithromycin works by inhibiting bacterial protein synthesis, thereby preventing the growth and spread of bacteria. One of its key properties is its long half-life, allowing for once-daily dosing, making it convenient for patients. Azithromycin is effective against respiratory tract infections, skin infections, sexually transmitted diseases, and other bacterial infections. It is well-tolerated and suitable for individuals allergic to penicillin, making it a valuable and widely prescribed antibiotic in medical practice.

Key Details About the Azithromycin 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 Azithromycin 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 Azithromycin Price Trends, including India Azithromycin price, USA Azithromycin 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 Azithromycin Price Trend:

While azithromycin is primarily known for its medical uses as an antibiotic to treat bacterial infections in humans, it also finds some industrial applications. In veterinary medicine, azithromycin is used to treat bacterial infections in animals, particularly in livestock. Additionally, it is used in the agricultural industry as a growth promoter for livestock. In aquaculture, azithromycin is employed to treat bacterial diseases in fish. Furthermore, azithromycin is utilized in certain industries for research purposes and in microbiology laboratories for susceptibility testing of bacteria. However, its primary and most significant use remains in human medicine, where it plays a crucial role in treating a wide range of bacterial infections.

Key Players:

  • Pfizer
  • Akron
  • Teva
  • Zydus Pharmaceuticals
  • Sandoz
  • Aurbindo Pharma
  • CSPC Ouyi Pharmaceutical
  • Hainan Poly Pharm

News and Recent Development:

Azithromycin correlated with risk of sudden cardiac death among patients on dialysis: According to studies published in Kidney Medicine, patients on dialysis who got azithromycin treatment were at a higher risk for sudden cardiac death than those who received amoxicillin-based treatment. (Dated: 12 May 2023)

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 chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
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

Naproxen Sodium Prices, Trends & Forecasts | Provided by Procurement Resource

Definition

Naproxen Sodium is a chemical compound with the molecular formula C7H7NO2. It exists in three isomeric forms: ortho-Naproxen sodium, meta-Naproxen sodium, and para-Naproxen sodium. It is a pale-yellow liquid with a distinct odor and is primarily used as an intermediate in the production of dyes, pigments, pharmaceuticals, and explosives. Naproxen sodium’s properties include its role as a precursor for various chemical reactions and its hazardous nature, requiring careful handling and storage.

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Key Details About the Naproxen Sodium Price Trend:

In the first two quarters of 2023, Naproxen Sodium prices showed different trends in different regions. In Asia, the prices increased due to rising orders from domestic end-user sectors and increased market activities in China. In Europe, prices initially rose due to local market demand but later declined steeply. In North America, prices rose in the first quarter due to high domestic orders and eased trade regulations but declined in the second quarter due to market slowdown and high-cost inputs from China. Overall, regional factors influenced the price trajectory of Naproxen Sodium during this period.

Industrial Uses Impacting the Naproxen Sodium Price Trend:

Naproxen Sodium finds various industrial applications due to its versatility as an intermediate chemical. It is primarily used in the production of dyes and pigments, where its different isomeric forms are employed to create a wide range of colors. Additionally, Naproxen Sodium derivatives serve as essential intermediates in the synthesis of pharmaceutical compounds, including various medicines and agrochemicals. Another crucial industrial use lies in the manufacture of explosives, such as triNaproxen Sodium (TNT), where Naproxen Sodium plays a vital role as a precursor.

Key Players:

  • Tianxin Pharmaceutical
  • Nhwa Pharmaceutical
  • Huazhong Pharma
  • Taj Pharmaceuticals Limited
  • Charioteer Pharmaceutical
  • Divis Laboratories
  • Kirsch Pharma GmbH

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 chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
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

Galvanized Plain Sheet Prices, Trends & Forecasts | Provided by Procurement Resource

In the first quarter of 2023, the prices of galvanized plain sheet in Asia, Europe, and North America experienced a positive trend driven by the improving dynamics in the automotive sector and increased procurement of steel. However, by the end of the first quarter and into the second quarter, high production costs, economic uncertainties, sluggish movement in the automotive sector, and declining steel scrap markets negatively impacted the price trend. In Europe and North America, declining global conditions, slow construction sector movement, and increased inventories further contributed to the downward trend in the second quarter. Overall, economic factors and industry-specific challenges influenced the price movements of galvanized plain sheet during this period.

Request for Real-Time Galvanized Plain Sheet Prices: https://www.procurementresource.com/resource-center/galvanized-plain-sheet-price-trends/pricerequest

Definition

Galvanized plain sheet refers to a flat steel sheet that has been coated with a layer of zinc through a process called galvanization. Galvanized plain sheets are widely used in various applications, including construction, roofing, automotive components, and industrial manufacturing, where durability and resistance to corrosion are crucial requirements. The galvanization process involves immersing the steel sheet in molten zinc or applying a zinc coating through other methods, ensuring uniform protection across the surface.

Key Details About the Galvanized Plain Sheet 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 Galvanized Plain Sheet 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 Galvanized Plain Sheet Price Trends, including India Galvanized Plain Sheet price, USA Galvanized Plain Sheet 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 Galvanized Plain Sheet Price Trend:

Galvanized plain sheet have diverse industrial uses due to their excellent corrosion resistance. In construction, they are employed for roofing, wall cladding, and structural components in buildings and warehouses. The automotive industry utilizes galvanized plain sheets for body panels, chassis parts, and underbody components. In the electrical sector, they are used for enclosures and panels. Agriculture relies on them for agricultural buildings, fencing, and animal enclosures. Industrial equipment, transportation, and HVAC systems use galvanized plain sheets for various applications. They also find use in signage, advertising, and general manufacturing where protection against rust and environmental factors is essential, making them a widely favored material in numerous industrial sectors.

Key Players:

  • Hyundai steel
  • Rio Tinto
  • Nippon steel corporation
  • Concord
  • WISCO
  • ANSHAN IRON AND STEEL

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: Jolie Alexa
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

Benzaldehyde Prices, Trends & Forecasts | Provided by Procurement Resource

Benzaldehyde prices in Asia initially declined in Q1, 2023, despite increased inquiries from the food and beverages industry. The upward trend was fueled by supply-demand imbalances and consumer purchasing. Q2 continued with rising prices due to higher raw material costs, but it faltered towards the quarter-end due to cheap imports and falling raw material prices. In Europe, Q1 saw fluctuating demand affecting benzaldehyde prices, while Q2 started positively with rising demand and depleting inventories. However, the latter half of Q2 mirrored Asia’s decline due to cheap imports and falling feedstock costs. North America’s Q1 trend improved in its second half and Q2, influenced by production and downstream industry momentum, but cheaper imports and lower raw material costs pushed prices down in May and June.

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

Definition

Benzaldehyde is an aromatic compound with the chemical formula C6H5CHO. It’s a clear liquid with a distinct almond-like aroma and a slightly bitter taste. Benzaldehyde is highly flammable and can dissolve in various solvents, including water. It is utilized as a precursor in chemical synthesis due to its reactivity, often participating in reactions that form other aromatic compounds. Its characteristic fragrance makes it valuable in the fragrance and flavor industry. Additionally, benzaldehyde possesses mild antiseptic properties and finds applications in various industries, including pharmaceuticals, cosmetics, and food additives.

Key Details About the Benzaldehyde 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 Benzaldehyde 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 Benzaldehyde Price Trends, including India Benzaldehyde price, USA Benzaldehyde 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 Benzaldehyde Price Trend:

Benzaldehyde has a range of industrial applications due to its distinct properties. In the fragrance and flavor industry, it’s a key ingredient, contributing its almond-like aroma to various products. In the pharmaceutical sector, benzaldehyde serves as an intermediate in synthesizing drugs and related compounds. It’s utilized in the production of dyes, perfumes, and agrochemicals. Benzaldehyde is also essential in creating synthetic resins, plasticizers, and various chemicals for the chemical industry. Its versatile reactivity makes it valuable in chemical synthesis, including in the manufacturing of cinnamic acid derivatives, benzoic acid, and benzoin condensation product.

Key Players:

  • Kadillac Chemicals Pvt Ltd
  • Emerald Performance Materials LLC
  • Hainhang Industry Co Ltd
  • Jiangsu Jiamai Chemical Co Ltd
  • Chematek S.p.A
  • Wuhan Dico Chemical Co Ltd
  • Merck KGaA

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: Jolie Alexa
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

Ammonium Nitrate Prices, Trends & Forecasts | Provided by Procurement Resource

In the Asian market, Ammonium Nitrate prices initially remained stable but decreased due to falling feedstock ammonia and coal costs, despite steady demand. European prices declined due to oversupply, low ammonia prices, and weak demand. North America also experienced plummeting prices due to sluggish fertilizer industry demands, alongside falling ammonia and nitric acid prices. Overall, global Ammonium Nitrate markets faced downward price trends, impacted by decreased feedstock costs, oversupply, and subdued demand in various regions during the first half of 2023.

Request for Real-Time Ammonium Nitrate Prices: https://www.procurementresource.com/resource-center/ammonium-nitrate-price-trends/pricerequest

Definition

Ammonium nitrate is a chemical compound with the formula NH₄NO₃. It is a white crystalline solid that is widely used as a fertilizer due to its high nitrogen content, which promotes plant growth. Additionally, ammonium nitrate has applications as an explosive in the mining and construction industries due to its ability to rapidly release a large amount of gases upon detonation. However, its explosive properties have also led to its regulation and controlled use to prevent misuse for destructive purposes. The compound’s versatility in both agricultural and industrial sectors makes it a significant component in various applications.

Key Details About the Ammonium Nitrate 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 Ammonium Nitrate 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 Ammonium Nitrate Price chart, including India Ammonium Nitrate price, USA Ammonium Nitrate 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 Ammonium Nitrate Price Trend:

Ammonium nitrate has diverse industrial applications. Its high nitrogen content makes it a prominent component in fertilizers, enhancing soil fertility and promoting plant growth. In the explosives sector, it’s a key ingredient in formulations used for mining, quarrying, and construction due to its ability to rapidly generate gases upon detonation. Ammonium nitrate is also utilized in the production of cold packs, as it absorbs heat when dissolved in water, causing a cooling effect. Its role in the chemical industry includes serving as an intermediate in the synthesis of various compounds. However, its explosive nature necessitates careful handling and regulation to prevent misuse.

Key Players:

  • EuroChem Group AG
  • VWR International, LLC
  • Yara International ASA
  • CF Industries Holdings, Inc
  • Sumitomo Chemical Co., Ltd.
  • San Corporation
  • PhosAgro Group of Companies

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 chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
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