Author: AmandaWilliams

In the Asia Pacific region, caustic potash market faced initial decline in Q1, 2023, due to inflation and slow market recovery from COVID-19. However, demand surged towards the quarter-end, particularly from agrochemical industries. Q2, in contrast, witnessed caustic potash price decline due to oversupply, reduced demand from overseas and domestic buyers, lowered production costs, and sluggish growth in agrochemical sectors.

Request for Real-Time Caustic Potash Prices: https://www.procurementresource.com/resource-center/caustic-potash-price-trends/pricerequest

Europe’s caustic potash prices dipped in Q1 due to inflation, weak buyer purchasing, and stagnant economy affecting agrochemical and cleaning industries. Q2 saw continued challenges with energy costs, demand, and stocks, hinting at a possible recessionary phase. North America experienced falling Q1 demand and high inventories, and Q2 was marked by similar challenges alongside economic pressure from bank failures, leading to declining caustic potash prices.

Definition

Caustic potash, or potassium hydroxide (KOH), is an inorganic compound with chemical formula KOH. It appears as a white, odorless solid or colorless liquid with strong alkaline properties. It’s highly soluble in water and exothermic when dissolved. Caustic potash is a versatile base and finds use in various applications due to its reactivity, including in the production of detergents, soaps, and biodiesel. It’s also utilized in chemical synthesis, as a food additive, and in industries like textiles and pharmaceuticals. However, it requires careful handling due to its corrosive and caustic nature.

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

Caustic potash, or potassium hydroxide (KOH), serves a multitude of crucial industrial roles. In the chemical industry, it’s employed as a versatile reagent for various reactions, including saponification to produce soaps, detergents, and cleaning agents. Its strong alkaline properties make it valuable for adjusting pH levels in water treatment processes. Caustic potash is used in the production of biodiesel as a catalyst for transesterification reactions. It’s a key component in the manufacture of potassium carbonate, phosphates, and other chemicals. In agriculture, it’s used for pH regulation and as a nutrient source. Its wide-ranging reactivity and applications contribute significantly to several industrial sectors.

Key Players:

• UNID Company Ltd
• Occidental Petroleum Corporation
• Tessenderlo Group
• Olin Corporation
• Erco Worldwide Inc
• Chengdu Huarong Chemical Company Limited

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

Calcium carbide is a chemical substance having the chemical formula CaC2. It is a greyish-white crystalline solid that is produced by reacting calcium oxide with carbon in an electric arc furnace.

It combines with water to form acetylene gas, which is used as a fuel and in the manufacturing of chemicals. It is a highly reactive compound and is used in a variety of industrial applications. Making acetylene gas, a fuel for welding and cutting torches, is one of its most popular applications.

Request for Real-Time Calcium Carbide Prices: https://www.procurementresource.com/resource-center/calcium-carbide-price-trends/pricerequest

A number of chemicals, such as vinyl chloride and acrylonitrile, are produced using the acetylene gas produced by calcium carbide.

China, Germany, Slovakia, Austria, and Bulgaria are leading calcium carbide-producing countries across the globe.

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

Calcium carbide is a highly reactive chemical with several industrial applications. One of its principal uses is in the manufacturing of acetylene gas, which is used as a fuel for welding and cutting torches.

It produces acetylene gas, which is used to make a range of chemicals such as vinyl chloride, acrylonitrile, and other organic compounds.

It is also used in the manufacturing of calcium cyanamide, a fertiliser and soil amendment intended to improve the nitrogen content of soils.

It is used to make calcium hydroxide, which is used in the manufacture of cement and as a soil amendment.

Key Players:

• Acros Organics
• Madhuraj Industrial Gases Pvt Ltd
• Majufa Traders & Exporters

Recent News:

• December 2022: Ghani Chemical Industries Limited (GCIL), a subsidiary of Ghani Global Group, announced to construct calcium carbide factory in Khyber Pakhtunkhwa, Pakistan.

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

In the first half of 2023, the Asian Bromine market witnessed low oscillating and generally declining price trends, influenced by high inventory levels and weak demands from fire retardant and pesticide industries. Similarly, the European Bromine market experienced dull price sentiments due to low downstream demand, along with increased supplies from Asian markets at more competitive rates. The North American Bromine market had a slow start in Q1 with sufficient stocks supporting existing demands. However, as demand decreased and global sentiments turned bearish, prices declined further by the end of Q2.

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

Definition

Bromine is a chemical element with the symbol “Br” and atomic number 35. It is a reddish-brown liquid at room temperature and is part of the halogen group in the periodic table. Bromine is a highly reactive element and is known for its strong oxidizing properties. It is commonly used in the manufacturing of flame retardants, agricultural chemicals, and pharmaceuticals. Additionally, bromine compounds are employed in various applications, including water treatment, oil and gas drilling, and photography.

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

Bromine has several key industrial uses across different sectors. One of its primary applications is in the production of flame retardants, where bromine compounds are added to materials to increase their fire resistance, making them safer in various products like electronics, textiles, and construction materials. Bromine is also used in the manufacturing of agricultural chemicals, such as pesticides and fumigants, to control pests and protect crops. Additionally, it finds use in the pharmaceutical industry to synthesize certain drugs, and in water treatment processes for disinfection and purification purposes.

Key Players:

• ICL Group Ltd
• Albemarle Corporation
• Lanxess AG
• Tosoh Corporation
• Tata Chemicals Ltd

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

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.

Request for Real-Time Carbon Black Prices: https://www.procurementresource.com/resource-center/carbon-black-price-trends/pricerequest

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:

Carbon 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.

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

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

In 2023, global lettuce prices saw a sustained increase during both the first and second quarters, primarily driven by limited food product supply due to extreme weather conditions. In North America, heavy rains and storms delayed planting seasons and caused crop damage, resulting in declining lettuce stocks.

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

Below-average temperatures further exacerbated farming challenges. This supply shortage created a demand surplus, not only in the US but also in Asian countries. Additionally, food price inflation stemmed from global economic pressures, post-pandemic effects, supply chain disruptions due to the Russia-Ukraine war, labor strikes, and rising consumer demand. Increasing interest rates also contributed to the upward lettuce price trend.

Definition

Lettuce is a leafy, edible plant belonging to the daisy family, Asteraceae. It is cultivated for its tender, green leaves, which are commonly used in salads, sandwiches, and various culinary dishes. Lettuce comes in different varieties, including iceberg, romaine, and leaf lettuce, each offering distinct shapes and textures. It is prized for its crisp, refreshing quality and mild, slightly sweet flavor. Lettuce is rich in vitamins, minerals, and dietary fiber, making it a nutritious addition to diets. Its properties include a high water content, which contributes to its hydrating and low-calorie nature, and versatility in various culinary applications.

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

Lettuce, primarily grown for culinary and dietary purposes, doesn’t have extensive industrial applications. However, it does play a role in the food processing industry. Lettuce is processed into pre-packaged salads, fresh-cut lettuce mixes, and salad dressings, extending its shelf life and convenience for consumers. Additionally, some compounds extracted from lettuce may be used as natural food additives or ingredients in certain processed foods. Despite its limited industrial uses, lettuce is a significant crop globally, serving as a staple in the culinary world and contributing to the fresh produce and food processing sectors, meeting consumer demands for healthy and convenient meal options.

Key Players:

• Yunnan Chuntian Agricultural Products Co Ltd
• Ocean Mist Farms
• UNFI Produce
• Coosemans LA Inc

News and recent development:

Agriculture experts predict that lettuce prices will likely increase starting next month and may continue to rise well into the summer as flooding in a significant California producing region serves as the latest illustration of how extreme weather may affect the food supply. Since the start of the year, the Salinas Valley, where a sizable portion of lettuce and other produce consumed in North America is grown, has seen intense rain and storms. (Dated: 27 March 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 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