Tuesday, November 28, 2023

 Ascorbic acid, commonly known as Vitamin C, is an essential water-soluble nutrient crucial for maintaining optimal health. It serves as a widely recognized antioxidant and plays a pivotal role in various biological functions. Vitamin C, being water-soluble, is indispensable for our well-being. It actively participates in the synthesis of collagen, a vital element necessary...
 Viscose Staple Fiber (VSF) emerges as a sustainable substitute for cotton, witnessing a surging global demand. This synthetic textile finds extensive commercial utility in crafting textiles, knitwear, and garments. Renowned for its eco-friendly traits, VSF boasts biodegradability, a luxuriously smooth texture, excellent breathability, efficient moisture absorption, and...

Friday, November 24, 2023

 During the first half of 2023, Barium Sulfate prices closely mirrored the price patterns of its source materials, barium chloride and sodium sulfate. This versatility in applications in various industries, including oil drilling fluids, X-ray imaging, plastics, rubber, pigments, paper, and textiles, etc. drove the market sentiments. Initially, the industrial recovery...
 Tungsten carbide production relies on tungsten metal, its price influenced by market dynamics. Known for its exceptional hardness and wear resistance, tungsten carbide is vital in mining equipment, aerospace, defense tools, and heavy-duty applications. In the first half of 2023, tungsten prices fluctuated, remaining relatively low due to end-user industry volatility....

Wednesday, November 22, 2023

 Terephthalic acid (C6H4(CO2H)2) is an organic crystalline acid that is white in color and is primarily used as a precursor to polyester PET. The compound comprises eight carbon, six hydrogen, and four oxygen atoms, with a molar mass of 166.132 g-mol -1. The compound is insoluble in water, slightly soluble in hot ethanol, and completely soluble in alkali solutions.Along...
 Tanespimycin, an antibiotic derived from corn through fermentation, experiences price variability linked to corn costs. Corn prices displayed fluctuations in H1 2023. Asia and Europe saw elevated prices in Q1 due to restricted Ukrainian supplies and diminished yields. Temporary reversals occurred in the US, yet Q2 witnessed declining prices that persisted due to increased...

Tuesday, November 21, 2023

 In both the first and second quarters of 2023, the price trend of titanium tetrachloride exhibited a persistent downward movement influenced by various factors. In Asia, the subdued activity of downstream industries and energy production cost volatility played a pivotal role in driving prices lower, compounded by consumer hesitancy due to inflation and rising interest...
 In the Asia-Pacific region, sodium sulfide prices initially faced challenges in the first quarter due to poor demand from end-user industries, but a surge in supply chain disruptions and increased production costs, driven by OPEC+ restrictions in the second half of the quarter, supported higher prices.Request for Real-Time Sodium Sulfide Prices: https://www.procurementresource.com/resource-center/sodium-sulfide-price-trends/pricerequestHowever,...

Monday, November 20, 2023

 In the first half of 2023, the cotton price trend in Asia-Pacific experienced fluctuations but showed an overall increase, driven by strong demand domestically and internationally. India's cotton production was adversely affected by weather challenges and other issues, leading to inventory depletion and price hikes. Some traders stockpiled cotton, further inflating prices....
 In the Asia Pacific region, the Med Density Fiberboard (MDF) market experienced an unexpected uptick due to several international players entering the market and strong domestic interest in automation. The growth was further propelled by the booming furniture and sports equipment industries. The COVID-19 pandemic led to increased MDF demand, driven by a surge in buyer...

Sunday, November 19, 2023

 When water is heated to its boiling point and undergoes vaporization, steam is formed, which is the gaseous phase of the liquid. This substance is made up of gaseous water vapor molecules. Although steam is invisible, when it comes into contact with cooler surfaces or air, it condenses into tiny water droplets, which are then visible. Compared to its liquid condition,...
 The production of standard plates heavily relies on iron and steel, making its price trend closely linked to the market trends of these metals. In the first quarter of 2023, the iron and steel sectors remained stable, particularly in China, but lost momentum in the second quarter. Reduced imports and weakened domestic production rates resulted from declining demand,...

Friday, November 17, 2023

 In the Asia Pacific region, the sodium nitrite market experienced fluctuations in Q1 and Q2, 2023. Despite improved demand from the food and beverages sector, high inventories, rising interest rates, and inflation posed challenges to prices. Reduced purchasing capacity due to declining demand from North America and Europe contributed to a sodium nitrite price decline.Request...
 In Asia, the copper rod market exhibited positive growth due to constrained availability and strong demand from downstream and processing sectors in Q1. Lower production rates and falling inventories further propelled price increases in Q2. Europe experienced Q1 price surges from increased downstream demand and shipment delays, while Q2 stagnated due to a stronger US...

Thursday, November 16, 2023

 In the first quarter of 2023, the Asian market for Thermo Mechanically Treated Bars (TMT Bars) saw price increases, driven by robust demand from the construction and raw materials sectors. China's domestic TMT Bars market gained positive momentum after COVID-19 restrictions and the new year holidays. However, in the second quarter, a decline in construction activity...
 In Q1 2023, Asia's caustic soda (flakes) market displayed stability, marked by increased orders and a modest inflation decline. China's industrial production rebounded post-holidays and COVID restrictions, supporting market growth. Conversely, South Korea grappled with rising stocks and uncertainties. Q2, however, witnessed a market decline due to higher energy costs...

Tuesday, November 14, 2023

 During the first and second quarters of 2023, onion prices surged worldwide, straining consumer budgets in countries like the Philippines and across Asia, where onion costs even outpaced those of meat by 25-50%. Surprisingly, demand for onions remained strong due to their status as a global food staple.Request for Real-Time Onion Prices: https://www.procurementresource.com/resource-center/onion-price-trends/pricerequestThe...

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