AmandaWilliams – Page 31

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 chart, 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”.

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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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Chlorinated Paraffin Prices, Trends & Forecasts | Provided by Procurement Resource

Chlorinated Paraffin is a complex chemical mixture composed of various lengths of carbon chains used for multiple applications. Short-chained Chlorinated Paraffin comprises 10-13 carbon atoms, medium-chained Chlorinated Paraffin has 14-17 carbon atoms, and long-chained molecules consist of around 18 or more carbon atoms attached to them. It is an inert compound and is highly insoluble in water and resistant to fire which on heating, releases harmful fumes. It appears to be a pale white viscous liquid with a density of around 1.25-1.29 at 25° C.

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The key importing countries for Chlorinated Paraffin are Vietnam, Turkey, and the United States, and on the other hand, the key exporting countries are India, China, and the United States.

Key Details About the Chlorinated Paraffin 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 Chlorinated Paraffin 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 Chlorinated Paraffin Price chart, including India Chlorinated Paraffin price, USA Chlorinated Paraffin 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 Chlorinated Paraffin Price Trend:

Chlorinated Paraffin has a complex structure that is being used in various applications. It is used as a secondary plasticizing agent in rubbers, paints, caulks, plastics like PVCs, adhesives, and sealants. It is used as a lubricant or coolant while cutting metals and added in paints, sealants, and coatings as an additive to enhance their resistance to chemicals and water. It is resistant to fire and is used in manufacturing various materials like fabrics, paints, and adhesives. The compound is now an alternative used instead of Polychlorinated biphenyls, which is also a fire retardant.

Chlorinated Paraffin is added as an additive in a very small amount to finished leather, detergents, inks, and a few food products. Around the metal manufacturing sectors, it is used in metalworking fluids. In medicines, it is diluted as a solvent for dichloramine-T in antiseptic masala and throat sprays.

Key Players:

INEOS Chlor
INOVYN
Altair Chimica
Dover Chemical Corporation
Quimica del Cinca
LEUNA-Tenside GmbH
Aditya Birla Chemicals.
Flow Tech Group
NCP Chlorchem
Qualice LLC.

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Coal Tar Prices, Trends & Forecasts | Provided by Procurement Resource

Coal Tar is a liquid by-product obtained when coal undergoes filtration to produce coal gas and coke. It has a naphthenic odor and appears to be dark semi-solid or semi-liquid material. It comprises several organic compounds, including benzene, xylenes, phenols, cumene, fluorine, and aniline. The material has a thick density, which makes it insoluble. The boiling point varies from 200-250° C.

The temperature while the destructive distillation of coal is performed decides the composition of Coal Tar. It is a complex structure of hydrocarbons, heterocyclic oxygen, phenols, sulfur, and nitrogen compounds. Coal Tar has various applications in the petroleum, gas, and pharmaceutical industries and has high demand in the global market.

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The key importing countries for Coal Tar include the Netherlands, Germany, and Belgium. On the other hand, Germany, the Netherlands, and Italy.

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

Coal Tar is used to manufacture paints, perfumes, photographic materials, drugs, synthetic dyes, and explosives. It is used in agricultural industries for producing pesticides and insecticides. It is a key ingredient in making naphthalene balls that keep the termites and moths away. Additionally, antidandruff shampoos, ointments, and soaps contain Coal Tar as an additive.

The pharmaceutical industry uses the compound to produce medicines to treat skin conditions such as dryness, redness, scaling, and itching. It also acts as a painkiller and is used in several drugs in the pharma industry. It shows its presence in the petroleum and gas industries, for manufacturing roads and its association with cosmetics and skin care products industries for making beauty products.

Key Players:

JFE
Koppers Industries, etc.
RuTGERS
Baoshun

News & Recent Development

Date: March 8, 2023– Roads constructed without Coal Tar as an ingredient and buildings devoid of iron rods and cement will be subject to stringent punishment as per the government of Thiruvananthapuram. Moreover, the government inaugurated automated quality control mobile labs to check the material standard used in construction.

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Cobalt Prices, Trends & Forecasts | Provided by Procurement Resource

Cobalt is a ferromagnetic element with similar physical properties to iron and nickel. It is extracted from the ores of Laterite at normal atmospheric pressure. Cobalt is a silver-whiteish color metal, which is slightly brittle and lustrous. The metal remains stable in the air and does not react with water. It reacts slowly with dilute acids such as sulfuric acid, and its melting and boiling point measures around 1495° C and 2927° C, respectively. It does not directly react with hydrogen or nitrogen but gradually combines with carbon, sulfur, and phosphorus on heating.

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The United States, India, and France are the Key importing countries for the element Cobalt; on the other hand, Vietnam, India, and China are the primary exporting countries, exporting the same.

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

Cobalt has several commercial applications. It is used to manufacture batteries for electric vehicles (EVs), smartphones, and tablets. The metal is a key ingredient in super alloys in crafting and designing gas turbines, jet engines, hard alloys, tool steels, and magnetic materials. Cobalt is a catalytic agent in removing sulfur from petroleum and natural gas products.

Moreover, it is used as a colorant in paints, inks, enamelware, and glasses while adding a blue tint to these products. It is also used for recycling plastics. The widespread usage of Cobalt can be marked in the manufacturing of aerospace machinery, electrical and electronic products, chemical, ceramic, and other industrial domains due to its high-temperature resistance and magnetic performance. Cobalt is a widely used metal with multiple industrial uses, hence high demand in the global market.

Key Players:

Umicore
Glencore
Vale
Freeport-McMoRan
Freeport-McMoRan

News & Recent Development

Date: May 10, 2023– Leading company Sherritt International Corporation which deals with hydrometallurgical processes, declares its financial results for the three months, which ended on March 31, 2023. Results acknowledge a successful implementation of Cobalt swap.

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Cellulase Prices, Trends & Forecasts | Provided by Procurement Resource

Cellulase is a naturally occurring enzyme secreted by many microorganisms such as fungi, bacteria, and actinomycetes which break down cellulose, a key part of vegetable fibres and plant cell walls. The enzyme has the main function of turning insoluble cellulose into soluble sugars. The enzymes are extremely diverse and can be categorised as endoglucanases, exocellulases, and processive endoglucanases. It is an inexpensive and highly renewable biological resource with various functions, including the dissolution of plants’ cell walls and lysate, improving cellulose and hemicellulose decomposition. Additionally, in animals, it helps boost healthy growth while facilitating the process of nutrient absorption.

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The top importers of Cellulase are India, Vietnam and Bangladesh, while the biggest exporters are China, the United States, and the Netherlands.

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

The Cellulase enzyme has a broad range of applications in many industries and is mainly used in the degradation of plants. In the future, the paper and pulp industry hopes to carry out the process of pulping bleaching in the bioremediation of industrial waste and fibre enhancement, which drives its market growth. Furthermore, it has applications in the textile industry where it is used to make textiles, mainly for making denim, biopolishing fabrics, wet processing, softening and removing extra dye from the fabric. Other uses of the product include its use in winemaking as it helps extract the flavours of the wine; in animal feed to improve the emulsification of food and in other such applications like concentrating purees, extracting olive oil and essential oils; tenderising fruits and clarifying fruit juices; hydrolyse roasted coffee, among others which in turn boost the market expansion.

Key Players:

Worthington Biochemical Corporation
Sigma-Aldrich Co. LLC
Prozmix LLC
Amano enzyme U.S.A.
Creative Enzymes
Amano Enzyme Inc.
bioWORLD
Zhongbei Bio-Chem Industry Co., Ltd.

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Chloroform Prices, Trends & Forecasts | Provided by Procurement Resource

Chloroform, or trichloromethane (CHCl3) from the polyhalogenated organic compounds family, is a clear and colourless organic chemical which is naturally found in the atmosphere, lakes, rivers and groundwater etc. It is a distinct, non irritating compound with an odour similar to ether. It has a solubility in water and a higher density than water sinking. Despite being non-flammable, it has the ability to combust in extreme situations. It can be harmful in case of inhalation, ingestion, and skin absorption. Its respective boiling and melting points are 61.2 °C and -63.5 °C.

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The biggest Chloroform exporters are Germany, the United States, France, South Korea, and the Netherlands, while its biggest importers are the Netherlands, Italy, Mexico, India, and Japan.

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

The Chloroform industry is propelling forward owing to the use of the substance as a key solvent that is used in fats, lacquers, oils, floor polishes, adhesives, resins, alkaloids, and rubber. As a solvent, it is also employed in farming. Furthermore, it is used for making chlorofluorocarbons in refrigeration. In addition, Chloroform has application in extracting dissolvable oils, greases and fats etc., which in turn boost the market development. Also, it is added to food packaging materials in the form of an indirect food additive etc., which further leads to the industry’s development.

Key Players:

PJSC Khimprom
Merck KGaA
Shin-Etsu Chemical Co., Ltd
Alfa Aesar
Thermo Fisher Scientific Inc.

News & Recent Development

June 14, 2023- The chloroform market was frail and slipped recently. By June 12, the bulk chloroform price in Shandong stood at 2,125 RMB/ton.

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Aluminium Fluoride Prices, Trends & Forecasts | Provided by Procurement Resource

Aluminium Fluoride (AlF3) is a chemical used to produce Aluminium. It is a colorless chemical naturally found in rosenbergite and oskarssonite minerals. Synthetically, it is produced by the reaction of hydrogen fluoride with aluminum oxide at 700° C. It easily hydrates as a trihydrate or a monohydrate molecule. The melting point for the compound measures 1291° C. It is found in a solid state and is hygroscopic and it is soluble in water.

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The key importing countries for Aluminium Floride are the United States, the Netherlands, and India. On the other hand, the key exporting countries include Germany, Belgium, and Mexico.

Key Details About the Aluminium Fluoride 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 Aluminium Fluoride 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 Aluminium Fluoride Price chart, including India Aluminium Fluoride price, USA Aluminium Fluoride 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 Aluminium Fluoride Price Trend:

Aluminium Floride is primarily used to produce aluminum through the process of electrolysis. The beverage industries use the compound for the fermentation process of wines and beer. It also acts as a catalyst in various chemical synthesis processes. Moreover, Optical thin films are developed using Aluminium Floride. It provides a shine and finishes to ceramics and produces refractory ceramic products.

Key Players:

Do-Fluoride Chemicals Co., Ltd
Fluorsid S.p.A
Industries Chimiques du Fluor
Tanfac Industries Ltd.

News & Recent Development

Date: 20 June 2023- ABx Groups hits a major Milestone as it finalizes its primary designing phase for its pilot facility and installs a laboratory reactor for its Aluminium Floride plant at New South Wales (NSW)

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Aluminium Prices, Trends & Forecasts | Provided by Procurement Resource

Aluminium is a metal element found under the boron group. It is a white or silver metal that is nonmagnetic in nature. The metal is highly reactive and the third most abundant element on the earth’s crust. It has high conductivity for both heat and electricity, great corrosion resistivity, and is highly malleable and ductile. Aluminum is prepared by the Hall-Heroult process on a large scale, while bauxite is the sole source of it. The melting and boiling point is measured around 660.3°C and 2470° C, respectively.

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The United States, India, and Germany are the key importing countries for Aluminium. On the other hand, the key exporting countries include India, China, and Germany.

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

Aluminum is extensively used by various industrial domains such as Packaging, energy production, transportation, architecture, food, metal production, and electrical transmission applications. Windows of houses, cladding, foils for insulations, shop fronts, roofing, doors, hardware, guttering, and much more are manufactured using Aluminium as its base metal.

Its corrosion resistivity and protection against UV rays make it a great option for manufacturing foils to wrap and protect food. It is also used in manufacturing aircraft, and not only that, but it is also used in manufacturing vehicles like ships, boats, military vans, bicycles, cars, and much more.

Key Players:

Rio Tinto plc
United Company Rusal Plc
American Elements
PT Timah (Persero) Tbk
Aluminium Corporation of China Limited (CHALCO)
Alcoa World Alumina and Chemicals (“AWAC”) (Alumina Ltd)

News & Recent Development

Date: March 15, 2023– The Victorian company, Portland Aluminium, will reduce its overall productivity due to operational instability.

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Alum Prices, Trends & Forecasts | Provided by Procurement Resource

Alum (Al(SO₄)₂·12H₂O) is an inorganic chemical. It is made up of Aluminium Sulfate and water molecules. The compound is a double-sulfate salt, colorless and odorless white crystalline solid often found in fine powder. The precipitation of aqueous solutions, such as Aluminum or potassium sulfate, and water commercially produces it. The boiling and melting point measures around 200° C and 92.5° C, respectively. There are many different types of Alum: potash Alum, ammonium Alum, chrome Alum, and soda Alum. Each of these has further industrial usage.

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The United States, India, and Peru are the primary importing countries to import Alum. On the other hand, the key exporting countries include India, China, and the United States.

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

Alum is used chiefly in water treatments to filter polluted water. It acts as a coagulant in the process of filtration. Soda Alum is used in baking soda and in baking processes. The compound is a key additive used in pickling and canning techniques. It keeps the vegetables and fruits fresh and crispy.
Additionally, the compound is used in tanning leather, as antiseptic material in medicines and vaccines, and as a drying agent in textile industries. Alum is used to treat gum inflammations and produce certain kinds of toothpaste.

Key Players:

Merck KGaA
Zibo Dazhong Edible Chemical
Nutrien

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2-Alpha Isomethyl Ionone Prices, Trends & Forecasts | Provided by Procurement Resource

2-Alpha Isomethyl Ionone (C14H22O) is an aromatic compound found in essential oils like the various floral oils available commercially. The compound has a floral-mild-woody scent that provides aroma to personal care products. It’s an efficient skin sensitizer.

2-Alpha Isomethyl Ionone is a colorless liquid or can have a pale-straw color in it. The boiling point for this compound measures around 232° C, and its melting point measures around. It falls under the category of norsesquiterpenoid, which has 14 carbon atoms and is a weak base.

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The key exporting countries for 2-Alpha Isomethyl Ionone are India, China, and the United States. On the other hand, the United States, India, and China are the primary importing countries listed for the same.

Key Details About the 2-Alpha Isomethyl Ionone 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 2-Alpha Isomethyl Ionone 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 2-Alpha Isomethyl Ionone Price chart, including India 2-Alpha Isomethyl Ionone price, USA 2-Alpha Isomethyl Ionone 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 2-Alpha Isomethyl Ionone Price Trend:

The chief application of 2-Alpha Isomethyl Ionone is seen in the cosmetics and fragrance industries. The compound is an additive in products like bathing soaps, after-shave lotions, moisturizers, Candles, perfumes, colognes, and bathing liquids. Additionally, it is used to produce hair care products such as Shampoo, Conditioners, hair masks, and much more. The compound is used in several skin products by the cosmetics industry as a skin sensitizer.

Key Players:

Takasago International Corporation
Moellhausen S.p.A.
Beijing LYS Chemicals Co.,Ltd
Berjé Inc
Bedoukian Research, Inc.