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 for the development of blood vessels, skin, and connective tissues. Moreover, it bolsters the immune system, facilitates iron absorption, and fortifies the body's resilience against illnesses.

Functioning as an antioxidant, Vitamin C supports the body's defense mechanisms against the detrimental impact of free radicals, unstable chemicals that induce oxidative stress, and various diseases. Furthermore, it has the remarkable ability to rejuvenate other antioxidants in the body, such as Vitamin E, amplifying their effectiveness.

Request for Real-Time Vitamin C Prices: https://procurementresource.com/resource-center/vitamin-c-price-trends/pricerequest

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

Price Trend

The food and beverage industry frequently employs vitamin C as an additive for its antioxidative qualities, which help extend the shelf life of various food items by deterring oxidation and preventing spoilage. This essential nutrient is commonly added to juices, canned goods, preserved fruits, and processed meats to uphold product quality and stability. Moreover, in the realm of cosmetics and personal care, vitamin C finds use due to its skin-friendly attributes. It aids in collagen formation, a prevalent component in skincare items, contributing to improved skin radiance, diminished wrinkles, and a more youthful complexion. Additionally, the pharmaceutical sector integrates vitamin C into various products, including dietary supplements, immune system enhancers, and cosmetic formulations. Its antioxidative prowess and role in bolstering the immune system make it a crucial component in medicinal preparations.

Key Players:

  • Foodchem International Corporation
  • CSPC Pharmaceutical Group Limited
  • Glanbia PLC
  • Northeast Pharmaceutical Group Co Ltd
  • The TNN Development Limited
  • Microbelcaps
  • Being Heronsbill
  • Medibro Corporation Limited
  • Chemizo Enterprise
  • DSM
  • DuPont ADM
  • Sanofi
  • Bayer AG
  • Abbott
  • GlaxoSmithKline PLC
  • Merck & Co Inc

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

 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 dyeability. Produced by processing naturally derived cellulose from trees, it stands as an antistatic fiber.

Though lacking elasticity, this hygroscopic fiber complements other textiles like wool and cotton in the creation of diverse fabrics, ranging from dresses to various apparel. Its versatility extends to treating silk, staple fabrics, and knitted goods intended for commercial usage.

Request for Real-Time Viscose Staple Fiber (VSF) Prices: https://procurementresource.com/resource-center/viscose-staple-fibre-price-trends/pricerequest

Vietnam, the United States, and Pakistan are the key importing countries that import Viscose Staple Fiber. On the other hand, the key exporting countries include China, Indonesia, and South Korea.

Key Details About the Viscose Staple Fiber (VSF) 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 Viscose Staple Fiber (VSF) 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 Viscose Staple Fiber (VSF) Price chart, including India Viscose Staple Fiber (VSF) price, USA Viscose Staple Fiber (VSF) 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 Viscose Staple Fiber (VSF) Price Trend:

Viscose Staple Fiber (VSF) is a versatile artificial textile material extensively employed across various industries, primarily in fabric and textile manufacturing. Its applications span a wide range, from apparel like workwear, suits, sportswear, lingerie, and jackets to accessories such as ties and millinery.

Moreover, VSF plays a crucial role in producing home furnishings like blankets, bedspreads, curtains, upholstery, tablecloths, and sheets. Its significance extends to the medical field, where it serves as a foundational textile for manufacturing wipes, bandages, PPEs, masks, wound care pads, and more. Additionally, VSF contributes to the production of non-woven textiles and tire cords, showcasing its diverse industrial uses.

Key Players:

  • LENZING AG
  • Birla Cellulose
  • Sateri Holding Ltd.Kelheim Fibres GmbH.
  • Tangshan Sanyou Group Xingda Chemical Fibre Co. Ltd.
  • Aditya Birla Chemicals
  • Xinjiang Zhongtai Chemical Co. Ltd

News & Recent Development

  • Date: January 28, 2023- The central government had extended the applicability of the Viscose Staple Fibre quality control order by another 60 days after the industrial concerns were made regarding the fall in yarns and fabrics exports, which were around 35.5% a year.

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

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 in China and Europe spurred demand in the first quarter, but as time progressed, surplus inventories led suppliers to offer discounts, resulting in mixed market sentiments.

Request for Real-Time Barium Sulfate Prices: https://www.procurementresource.com/resource-center/barium-sulfate-price-trends/pricerequest

Definition

Barium Sulfate is a chemical compound, typically found as a white, odorless powder. It is widely used in various industries, including oil and gas drilling, as a component of drilling fluids to increase wellbore stability and control pressure. Additionally, it has applications in X-ray imaging, paints, plastics, and the manufacture of various products, where its high density and chemical inertness make it valuable.

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

Barium Sulfate serves key roles in multiple industries. In the oil and gas sector, it is crucial for drilling fluids, stabilizing wellbores, and regulating pressure. In healthcare, it is vital for X-ray contrast imaging. Moreover, it enhances the opacity and brightness of paints, is used as a filler in plastics, and contributes to paper and textile production by improving quality and texture. Its chemical inertness and high density make it invaluable in these applications.

Key Players:

  • Dongfeng Chemical
  • Shaanxi Fuhua Chemical
  • Sachtleben Chemie
  • Xuri Group,
  • ShenzhouJiaxin Chemical
  • Nippon

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

 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. Declining Chinese exports disrupted supply chains, affecting semiconductor manufacturing. However, Group 6 Metals' new tungsten mines in Australia boosted production, even as trading trends saw a decline.

Request for Real-Time Tungsten carbide Prices: https://www.procurementresource.com/resource-center/tungsten-carbide-price-trends/pricerequest

Definition

Tungsten carbide is renowned for its exceptional properties, making it a vital material in various industries. It boasts extreme hardness, exceeding that of most other materials, and outstanding wear resistance, ensuring durability and longevity in harsh conditions. It retains its integrity at high temperatures and is chemically inert, offering stability in aggressive environments. Tungsten carbide exhibits excellent electrical and thermal conductivity, making it valuable in electronic and thermal management applications. Additionally, its toughness and strength are crucial for cutting tools and abrasives. These properties render tungsten carbide indispensable in mining equipment, aerospace components, machining tools, and numerous heavy-duty products.

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

Tungsten carbide, celebrated for its exceptional hardness and wear resistance, finds widespread industrial applications. It is prominently used in the production of cutting tools and wear-resistant components, enhancing the efficiency and longevity of machinery in the machining and mining industries. Aerospace and defense sectors utilize tungsten carbide for its ability to withstand high temperatures and provide superior durability in extreme conditions. In the electronics industry, it is employed in electrical contacts and heat sinks, owing to its excellent thermal and electrical conductivity. This remarkable material also serves as a crucial element in the manufacturing of heavy-duty products like drill bits, grinding equipment, and metalworking tools, ensuring precision and durability.

Key Players:

  • Umicore
  • CERATIZIT S.A.
  • American Elements
  • Kennametal Inc
  • Extramet Products LLC

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

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 with water, it is also soluble in some of the common solvents, such as acetic acid, chloroform, and ether. The melting point of the compound measures around 300° C. The chemical is synthesized commercially by the Amoco process, where p-xylene undergoes catalytic oxidation to attain Terephthalic acid as the product. It is widely used to manufacture PET which has various commercial utilizations.

Request for Real-Time Terephthalic acid  Prices: https://procurementresource.com/resource-center/terephthalic-acid-price-trends/pricerequest

The primary importing countries for Terephthalic acid enlist the United States, India, and Pakistan. On the other hand, the primary exporting countries include Mexico, South Korea, and India.

Key Details About the Terephthalic acid 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 Terephthalic acid 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 Terephthalic acid Price trend, including India Terephthalic acid price, USA Terephthalic acid 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 Terephthalic acid Price Trend:

Terephthalic acid is an organic chemical that is widely used as a precursor to polyester PET. It produces various polyester fibers based on PTA that exhibit fine characteristics such as easy to care for, wash, and use. The material can be used in its natural form as well as blended along with other synthetic materials to be used commercially. It is used as a carrier in the production of paint, which adds corrosion and stain resistance to the coating materials.

Additionally, Terephthalic acid is used as a raw material to manufacture various plastics, mainly dibutyl terephthalate and dioctyl terephthalate. The acid is being used at the research labs for the synthesis of metal-organic frameworks as well as certain drugs that are utilized by the pharmaceutical sectors.

Key Players:

  • BP
  • China Petrochemical (Sinopec Group)
  • Mitsubishi Chemical Holdings
  • Reliance Industries
  • Eastman

News & Recent Development

  • Date: March 9,2023- The Indian Oil Corporation plans to build a paraxylene and Purified Terephthalic acid (PX-PTA) unit in Odisha, with a capacity of 1.2 MMTPA. The project costs around 13,805 Crore and is expected to be completed by January 2024.

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

 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 supply and continued low demand stemming from the ongoing research, causing prices to drop throughout most of H1 2023.

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

Definition

Tanespimycin is an antibiotic drug produced through corn fermentation. Primarily researched for cancer treatment, it exhibits potential in inhibiting specific cellular processes related to cancer growth. Its development involves harnessing the properties of corn-derived compounds to create a therapeutic agent with promising applications in the medical field.

Key Details About the Tanespimycin Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring tnt forth the monthly, quarterly, half-yearly, and yearly information on the Tanespimycin 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 Tanespimycin Price analysis, including India Tanespimycin price, USA Tanespimycin 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 Tanespimycin Price Trend:

Tanespimycin key industrial use lies in its potential application as a cancer treatment. Derived from corn fermentation, this antibiotic shows promise in targeting cancer cell processes. Its unique properties make it a candidate for developing innovative therapies that could potentially contribute to the field of oncology and improve cancer patients' outcomes.

Key Players:

  • Kosan Biosciences (Bristol-Myers Squibb)

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

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 rates.

Request for Real-Time Titanium Tetrachloride Prices: https://www.procurementresource.com/resource-center/titanium-tetrachloride-price-trends/pricerequest

In Europe, inflation rates and soaring production costs initially supported price increases, but high inventory levels and weak procurement from downstream sectors, notably construction and automotive, had adverse effects on titanium tetrachloride prices.

North America experienced price volatility, primarily attributed to low demand from end-user industries and limited trading activities, exacerbated by inflationary pressures, increased interest rates, and stringent governmental monetary policies, all collectively contributing to the declining price trend of titanium tetrachloride.

Definition

Titanium tetrachloride is a chemical compound known for its distinctive properties. It is a colorless to pale yellow liquid at room temperature, with a pungent and irritating odor. This compound is highly reactive, particularly with water and air, forming dense white fumes in moist conditions. Titanium tetrachloride is a vital precursor in the production of titanium metal, commonly used in aerospace, medical implants, and various industrial applications. Its reactivity and role as a catalyst make it valuable in the synthesis of organic compounds, including plastics and pharmaceuticals. Additionally, it is crucial in the semiconductor industry for its role in the synthesis of thin films and integrated circuits. Its unique properties and versatility contribute to its significance in various fields.

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

Titanium tetrachloride (TiCl4) holds significant importance in various industrial applications due to its versatile properties. One of its primary uses is in the production of titanium metal, a crucial material in aerospace, medical implants, and industrial equipment. TiCl4 acts as a key precursor in the Kroll process, where it reduces titanium ore to produce high-purity titanium metal. Additionally, it plays a pivotal role in the semiconductor industry for the synthesis of thin films and integrated circuits. TiCl4 is utilized as a catalyst in the production of various organic compounds, including plastics and pharmaceuticals. Its reactivity and catalytic properties make it valuable in chemical synthesis processes. The diverse range of applications underscores the industrial significance of titanium tetrachloride.

Key Players:

  • Huntsman International LLC
  • Dow
  • Du Pont Inc
  • Kronos Lab Sciences Pvt Ltd
  • Tronox Limited
  • ISK Industries
  • The Kerala Minerals & Metal Ltd
  • Merck KgA

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

 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/pricerequest

However, the second quarter witnessed a decline in sodium sulfide prices due to the region's weak economic conditions. In Europe, strong demand from the paper and detergent sector boosted sodium sulfide prices in the first quarter, along with supply shortages. Yet, the second quarter saw weakened demand, primarily from detergents and paper & pulp industries, affecting prices.

North America experienced rising sales and inventory insufficiencies in the first quarter, leading to a significant price increase. The second quarter exhibited occasional weak demand and limited inquiries from downstream industries, but stable consumption and overall market dynamics helped maintain price stability.

Definition

Sodium sulfide is a chemical compound with the formula Na2S. It is an odorless, yellow, or brick-red crystalline solid that readily dissolves in water. Sodium sulfide is highly hygroscopic, meaning it readily absorbs moisture from the air, and it can react vigorously with water to release hydrogen sulfide gas, which has a characteristic foul odor. The compound is alkaline and can undergo hydrolysis in water to form sodium hydroxide and hydrogen sulfide. It is commonly used in various industrial applications, including the production of dyes, textiles, and paper, as well as in the leather industry for hair removal during leather processing. Sodium sulfide is also used in water treatment processes and as a laboratory reagent for various chemical reactions.

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

Sodium sulfide, a versatile chemical compound, finds applications in various industrial sectors. In the leather industry, it serves as a crucial agent for hair removal during leather processing. It plays a pivotal role in the production of dyes and the manufacturing of sulfur dyes for textiles. Additionally, sodium sulfide is employed in the papermaking process, where it aids in delignification and pulp processing. In the water treatment industry, it is used for removing heavy metals from wastewater through precipitation reactions. Furthermore, sodium sulfide is utilized as a laboratory reagent for conducting a range of chemical reactions and experiments. Its multifaceted properties make it indispensable in diverse industrial processes.

Key Players:

  • Solvay
  • American Elements
  • Tessenderlo Group
  • Tokyo Chemical Industry
  • Emco Dyestuff Pvt Ltd
  • Innova Priority Solutions
  • PVS Chemicals
  • Shaanxi Fuhua Trading Co 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 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

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 second quarter, declining consumer demand due to persistently high costs prompted traders to lower prices, supporting exports as international markets increased inquiries, benefiting from stabilized cotton prices.

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

Definition

Cotton is a natural fiber derived from the seed-hair of the cotton plant (Gossypium species). It is valued for its softness, breathability, and absorbency, making it a popular material for textiles and clothing production. Cotton fibers are composed mainly of cellulose, making them strong and durable. They have excellent moisture-wicking properties, which make cotton garments comfortable to wear in warm weather. Cotton can be easily dyed and is versatile for various fabric types, from soft and fluffy to sturdy and durable, making it a highly sought-after textile material.

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

Cotton has a wide range of industrial uses due to its versatile properties. The textile industry is the primary consumer of cotton, using it to create clothing, bed linens, towels, and various fabric-based products. Additionally, cottonseed is processed to produce cottonseed oil, a crucial ingredient in the food industry for cooking oils and food products. Cotton fibers are utilized in the manufacture of nonwoven products like diapers and sanitary products. Cotton linters, short fibers adhering to cotton seeds, are employed in the production of paper, cellulose-based plastics, and explosives. Cottonseed meal serves as a valuable livestock feed and fertilizer, contributing to agriculture. Furthermore, cotton is used in medical supplies such as bandages and swabs, showcasing its versatility across multiple industrial sectors.

Key Players:

  • Allenberg
  • Dunavant Enterprises
  • Cargill
  • Trelleborg Engineered Coated Fabrics

News and recent development:

Cotton procurement begins in Punjab mandis, farmers hopeful of bumper season despite pink bollworm threat. In Punjab's Abohar, the first cotton picking, and procurement have begun. A fortnight after the second harvest of this cash crop, the procurement is likely to pick up. To date, mandis have received about 3,000 quintals of cotton with medium-length staples. The MSP for medium staple this year is Rs 6,620 per quintal and for long staple it is Rs 7,020. So far, proprietors of the ginning sector have only paid between Rs 6,500 and 6,621 a quintal, and commission agents have not offered extremely unusual sums.

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

 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 interest. However, the first quarter saw challenges with declining exports to the US and Europe, along with limited domestic demand. Additionally, the slowdown in the real estate sector impacted on the plywood market, affecting the MDF price trend throughout the first and second quarters.

Request for Real-Time Med Density Fiberboard  Prices: https://www.procurementresource.com/resource-center/mdf-med-density-fiberboard-price-trends/pricerequest

Definition

Med Density Fiberboard (MDF) is an engineered wood product made by breaking down wood fibers, combining them with wax and resin, and compressing them into dense, uniform panels. It is characterized by its smooth, flat surface, consistent thickness, and density. MDF exhibits excellent machining properties, making it easy to cut, shape, and finish for various applications. It is commonly used in furniture, cabinetry, millwork, and architectural elements. MDF's smooth surface also makes it suitable for painting and veneering. However, it is not as moisture resistant as some other wood products and is susceptible to swelling and warping when exposed to water.

Key Details About the Med Density Fiberboard 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 Med Density Fiberboard 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 Med Density Fiberboard Price Trends, including India Med Density Fiberboard price, USA Med Density Fiberboard 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 Med Density Fiberboard Price Trend:

Price-TrendMed Density Fiberboard (MDF) finds extensive industrial applications due to its versatility and uniform composition. In furniture manufacturing, MDF is used to create components like cabinet doors, shelves, and drawer fronts, offering a smooth surface for finishes. It is also prevalent in cabinetry, millwork, and architectural elements, providing a stable substrate for veneers and paints. MDF is utilized in interior doors and wooden flooring, serving as a core layer in engineered wood flooring. In addition, it is employed for constructing store fixtures, wall panels, and acoustic panels, owing to its ease of customization and machining. Its wide-ranging industrial utility is attributed to its consistent density, smooth texture, and ease of manipulation.

Key Players:

  • Kronoplus Limited
  • ARAUCO
  • SWISS KRONO Group
  • Kastamonu Entegre
  • Dexco

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

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, it has a high temperature and pressure.

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

In many different industries, including power generation, heating, and industrial processes, steam is frequently employed as a significant source of energy. It is an effective medium for transporting and delivering thermal energy due to its high heat capacity and latent heat of vaporization. Steam can expand and exert pressure, which makes it a suitable fuel for turbines and motors.

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

 Price Trend

Due to its special characteristics, steam has a wide range of industrial applications. Power generation is one of the main uses of steam. In thermal power plants, steam turbines are used to transform the high-pressure, high-temperature steam energy into mechanical energy, which is ultimately transformed into electricity. Steam is frequently used in commercial buildings and enterprises for heating purposes. It is used in boilers to produce steam, which is then moved via pipes to heat water and provide heat for other operations. It is used in industrial operations for sanitation, sterilization, and cleaning. It is frequently employed in sectors like food and beverage, pharmaceuticals, and healthcare facilities to guarantee the hygiene and safety of tools and surfaces. The chemical sector is one more significant area where steam is used. Steam is used in distillation to help separate and purify various components of a mixture according to their respective boiling points. It is also used in a variety of chemical reactions that call for high pressures and temperatures.

News & Recent Development

  • May 5, 2023- India has world's oldest operational locomotive heritage steam engine EIR-21- Steam engine train EIR-21 Indian Railways, which is known for its illustrious past, makes every effort to emphasize its heritage. The EIR-21, a vintage steam engine housed in the oldest operating locomotive in the world, can be seen in Chennai's Perambur Loco Workshop. An almost perfect restoration and flawless paint job have been performed on an engine that is over a century old. The front portion of the engine is decorated in tricolor, which is entrancing in its beauty. The old engine is eerily similar to the well-known Fairy Queen Steam Engine.

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

 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, especially in construction and manufacturing. These setbacks were exacerbated by lingering COVID-related restrictions and extended New Year holidays. Consequently, the standard plate prices followed suit, experiencing a downturn due to the adverse effects of these factors on the iron and steel industry.

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

Definition

A standard plate typically refers to a flat, rectangular piece of material with standardized dimensions and properties. These plates are often used as reference standards in various industries for calibration, testing, and quality control purposes. Standard plates come in different materials such as metal, plastic, or glass, each with specific properties tailored to their intended applications. They may have precise dimensions, surface finishes, or optical properties, depending on the industry's requirements. These plates serve as benchmarks for accuracy and consistency in measurements and are essential tools in scientific, engineering, and manufacturing processes.

Key Details About the Standard Plate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Standard Plate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

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 Standard Plate Price analysis, including India Standard Plate price, USA Standard Plate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Standard Plate Price Trend:

Standard plates, typically composed of materials like metal or glass, serve diverse and critical roles across industries. They are fundamental in manufacturing and quality control, enabling precise measurements with tools like calipers and micrometers. In materials science and engineering, standard plates act as reference materials for testing properties such as hardness and tensile strength. In metrology, they establish standardized measurements, upholding precision in scientific research, engineering, and manufacturing. Additionally, standard plates are essential for calibrating optical instruments, electronics testing equipment, and spectrometers, ensuring accurate measurements in optics, electronics, and spectroscopy. Their versatility extends to analytical chemistry, environmental monitoring, medical diagnostics, and more, making them indispensable tools for maintaining consistency, precision, and quality in various industrial and scientific applications.

Key Players:

  • Posco
  • LISCO
  • Acerinox
  • Tisco
  • Baosteel
  • AK Steel
  • Jindal
  • Yusco

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

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 for Real-Time Sodium Nitrite Prices: https://www.procurementresource.com/resource-center/sodium-nitrite-price-trends/pricerequest

In Europe, weak market dynamics, driven by rising inflation and economic volatility, impacted Q1 prices. Q2 saw improvement with downstream food industry support and extreme weather conditions boosting demand, affecting inventories and prices positively. North America faced mixed trends, with Q1 price surge from food industries' support, and Q2 decline due to Asian imports, strict monetary policies, and eventual stabilization.

Definition

Sodium nitrite is an inorganic compound (NaNO2) with a white crystalline appearance. It's soluble in water and has a slightly salty taste. It's a strong oxidizing agent and can decompose at elevated temperatures. Sodium nitrite is commonly used as a food preservative and color fixative due to its ability to inhibit bacterial growth and maintain meat's red color. Additionally, it's used in industrial applications like chemical synthesis, corrosion inhibition, and as a precursor for other chemicals. However, its handling requires care, as it can be toxic and potentially react with other compounds to form hazardous substances.

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

Sodium nitrite finds diverse industrial applications due to its properties. In the food industry, it serves as a preservative, preventing bacterial growth and maintaining the color of cured meats. It's used in chemical processes as a reducing agent and in the production of various chemicals, including dyes and pharmaceuticals. Sodium nitrite acts as a corrosion inhibitor, protecting metals in water systems and pipelines. Additionally, it's employed in wastewater treatment and as a precursor for other nitrogen-containing compounds. In the automotive sector, it aids in diesel exhaust treatment. Its multifaceted reactivity and versatility contribute to its importance across several industrial domains.

Key Players:

  • BASF
  • Solvay S.A
  • Sumitomo Chemical Co., Ltd.
  • Yara International ASA
  • Mitsubishi Chemical Corporation
  • Puyang Longquan Chemical Co., 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 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

 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 dollar. Slumping consumption and the struggling European economy caused prices to decline later. In North America, slow Q1 production led to inventory depletion and price surges, initially supported by demand and economic conditions. However, Q2 faced financial struggles from banking sector declines, halting copper rod price momentum.

Request for Real-Time Copper Rod Prices: https://www.procurementresource.com/resource-center/copper-rod-price-trends/pricerequest

Definition

Copper Rod possess key properties that contribute to their industrial significance. They exhibit high electrical conductivity, making them essential for efficient electrical transmission. Their malleability enables easy shaping and installation in various applications. Copper's corrosion resistance ensures longevity and performance in diverse environments. Furthermore, Copper Rod offer excellent thermal conductivity, facilitating heat dissipation in electrical systems. Their strength and durability make them suitable for structural components. These properties collectively underline their vital role in industries like electronics, power generation, construction, and more, where reliable conductivity and versatile applications are essential.

Key Details About the Copper rod 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 Copper Rod 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 Copper Rod Price Trends, including India Copper Rod price, USA Copper Rod 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 Copper Rod Price Trend:

Copper Rod play a pivotal role in various industries due to their exceptional properties. In the electrical sector, their high conductivity enables effective transmission of electricity, utilized in power generation, distribution, and wiring systems. Manufacturing and machinery rely on Copper Rod for motor winding, transformer cores, and electromagnetic devices. Construction benefits from their use in grounding systems and structural components. The automotive industry employs Copper Rod in wiring harnesses and connectors for efficient electrical systems. Additionally, Copper Rod are crucial in the production of plumbing systems, heat exchangers, and electronics. Their versatility, conductivity, and durability make them indispensable in modern infrastructure and technological advancements.

Key Players:

  • Bajoria Group
  • SUMITOMO ELECTRIC
  • AURUBIS
  • Liljedahl Group
  • TDT Copper
  • Kobay Metal
  • Mitsubishi Materials

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

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 and reduced interest from overseas industries negatively impacted prices. In Europe, TMT Bars prices surged in the first quarter due to strong procurement in the construction sector, but the second quarter was marked by volatility, influenced by labor strikes and economic uncertainty, leading to price fluctuations. In North America, price inclines in the first quarter were offset by economic challenges, debt crises, and decreased consumer interest in the second quarter, resulting in a downward price trend.

Request for Real-Time Thermo Mechanically Treated Bars (TMT Bars) Prices: https://www.procurementresource.com/resource-center/thermo-mechanically-treated-bar-price-trends/pricerequest

Definition

Thermo Mechanically Treated Bars (TMT Bars) are a type of high-strength steel reinforcement used in construction. They undergo a specialized manufacturing process involving controlled heating and cooling, followed by mechanical treatment, resulting in improved strength and ductility. TMT Bars are known for their exceptional tensile strength, weldability, and resistance to corrosion. They are widely used to reinforce concrete structures, such as buildings, bridges, and infrastructure projects, ensuring structural integrity and durability. TMT Bars are also characterized by their ability to withstand high levels of stress and seismic forces, making them essential components in construction applications.

Key Details About the Thermo Mechanically Treated Bars (TMT Bars) 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 Thermo Mechanically Treated Bars (TMT Bars) 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 Thermo Mechanically Treated Bars (TMT Bars) Price trend, including India Thermo Mechanically Treated Bars (TMT Bars) price, USA Thermo Mechanically Treated Bars (TMT Bars) 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 Thermo Mechanically Treated Bars (TMT Bars) Price Trend:

Thermo Mechanically Treated Bars (TMT Bars) are vital in the construction industry, providing strength and durability to concrete structures. They are extensively used in buildings, bridges, dams, and infrastructure projects as a critical component for reinforcing concrete, enhancing load-bearing capacity, and withstanding various stresses, including seismic forces. TMT Bars' high tensile strength, excellent weldability, and corrosion resistance make them indispensable in construction applications. They ensure structural integrity and longevity, crucial for safety in construction. Their versatility extends to the manufacturing of heavy machinery, automotive components, and industrial equipment, where robust materials are essential for withstanding demanding conditions. TMT Bars are foundational in diverse industrial settings, contributing to the longevity and reliability of structures and machinery.

Key Players:

  • ArcelorMittal Zenica
  • Balkan Steel Engineering Ltd
  • Essar Steel
  • HBIS Group
  • SIDERAL S.H.P.K.
  • TATA Steel
  • ATLAS TMT Bars Pvt Ltd
  • Jindal Steel & Power Ltd

News and recent development:

TMT rebar prices, a crucial component of infrastructure projects, are currently trading at 24-month low levels, and the trend is anticipated to remain for the ensuing quarters, according to SteelMint. According to the research agency, prices for TMT bars produced via the blast furnace (BF) route have reached Rs 51,400/tonne levels and those for rebars produced via the induction furnace (IF) route are currently selling at Rs 47,493/tonne.

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

 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 and mounting inventories amid sluggish demand.

Request for Real-Time Caustic Soda (Flakes) Prices: https://www.procurementresource.com/resource-center/caustic-soda-flakes-price-trends/pricerequest

In Europe, Q1 saw price decreases due to market uncertainties and limited buyer purchasing power. While aluminum and related industries generated inquiries, overseas procurement remained a concern. In Q2, labor strikes and supply constraints led to shortages but couldn't counter slow economic activity, resulting in falling prices. In North America, declining prices persisted due to reduced demand in agrochemical and cleaning sectors, inventory surpluses, and supply chain disruptions. Q2 faced continued challenges, including product oversupply, a sluggish regional economy, and weak downstream industry performance, maintaining a negative caustic soda (flakes) price trend.

Definition

Caustic soda flakes, chemically known as sodium hydroxide (NaOH), are a highly corrosive and alkaline substance. They are typically in solid form and are soluble in water. Caustic soda flakes are used in various industrial applications, such as chemical manufacturing, water treatment, and soap production, for their strong alkalinity and ability to neutralize acids. However, they require careful handling due to their caustic nature and potential hazards.

Key Details About the Caustic Soda (Flakes) 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 soda (Flakes) 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 (Flakes) Price chart, including India Caustic Soda (Flakes) price, USA Caustic Soda (Flakes) 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 Soda (Flakes) Price Trend:

Caustic soda flakes find extensive industrial applications as a versatile chemical reagent. They are used in petroleum refining for neutralization and desulfurization, in pulp and paper manufacturing for delignification and bleaching, and in textile processing for mercerization. Additionally, caustic soda is crucial in alumina production, water treatment to adjust pH levels, and as a cleaning agent in food processing. Its versatility stems from its strong alkalinity and reactivity with various substances.

Key Players:

  • Occidental Petroleum Corporation
  • Shin-Etsu Chemicals Co Ltd
  • Dow
  • SABIC
  • Formosa Plastics Corporation

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

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/pricerequest

The price hike was fueled by factors such as global inflation, extreme weather conditions including heatwaves and hailstorms, and supply chain disruptions resulting from the Russia-Ukraine conflict. Inflationary pressures, stemming from a weakened global economy, compelled traders, manufacturers, and banks to raise prices to sustain market operations, further contributing to the onion price increase.

Definition

Onions are edible bulbous vegetables belonging to the Allium genus, which includes garlic and leeks. They are prized for their distinctive, pungent flavor and are available in various types, such as red, yellow, and white onions. Onions are characterized by their layered structure and papery outer skin. They are a versatile culinary ingredient, commonly used in various dishes to add depth and aroma. Onions contain essential nutrients, including vitamins C and B6, as well as antioxidants like quercetin. They also possess antibacterial properties. Onions can be consumed raw in salads or sandwiches or cooked in a multitude of savory and sweet dishes.

Key Details About the Onion 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 Onion 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 Onion Price trends, including India Onion price, USA Onion 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 Onion Price Trend:

Onions have industrial applications beyond their culinary significance. They are extensively processed into various forms, such as onion powder, flakes, and onion juice concentrate, serving as essential ingredients in the food industry for seasoning blends, soups, sauces, and snacks. Onion extracts and onion flavorings are utilized to impart their distinct flavor to a wide array of food products, including chips and condiments. In the pharmaceutical sector, onion extracts have potential medicinal applications. Additionally, onions have relevance in cosmetics and skincare products for their reputed skin benefits, while their natural pigments can be employed as natural colorants in textiles and fabrics. These diverse industrial uses underscore the versatility of onions beyond their role as a culinary staple.

Key Players:

  • Natural dehydrated vegetables private limited
  • Vakil Foods
  • Balkrishna Agro
  • Vinayak Ingredients
  • Sapiro Biotech Private 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

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