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| Report Features | Details |
| Product Name | Natural Gas |
| Region/Countries Covered |
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| Currency | US$ (Data can also be provided in local currency) |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Request for Real Time Natural Gas Prices: https://www.procurementresource.com/resource-center/natural-gas-price-trends/pricerequest
Natural gas is a fossil fuel that is formed deep within the earth's crust. It is a mixture of different substances and/or gases. Methane makes up the majority of its composition, which is mostly made up of hydrocarbon substances. It is a non-renewable hydrocarbon that is used as a source of energy for many things, including cooking, heating, and producing electricity.
In addition to being used as a fuel for vehicles, it is a crucial chemical feedstock in the synthesis of organic compounds of significant commercial importance. Because it also contains NGLS (natural gas liquids) and water vapours in addition to methane. The crude form of natural gas is frequently referred to as wet natural gas.
The natural gas-producing countries are the United States, Russia, Canada, Iran, and China.
Key Details About the Natural Gas 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 natural gas price, lithium carbonate price and carbon black price etc. 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 natural gas price trend, 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 Natural Gas Price Trend:
Natural gas is employed as a fuel for process heating in the combined power and heat systems, and as a raw material in producing chemicals, hydrogen, fertilisers, and plant fuel.
It is used in space heating, water heating, cooking, and drying clothes. Besides that, it is also utilised in refrigeration operations and cooling equipment, and chemical feedstock production.
It also finds its application in fertilizer, antifreeze, plastics and glass, and Fabrics. Paint, In addition, power generation, transportation, and animal and fish feed are also a few important industrial uses of natural gas.
Key Market Players:
• Gazprom PAO,
• Royal Dutch Shell Plc,
• Exxon Mobil Corporation,
• Total SA,
• PetroChina Company Limited,
• BP Plc
News and Events:
• January 11, 2023: The 2023 output goal for China's CNOOC Ltd has been increased by around 8% to a record 650 million to 60 million barrels of oil equivalent. About 620 million BOE were produced last year by the state-controlled offshore oil and gas corporation, exceeding its target of 600–610 million BOE.
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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: Chris Byrd
Email: sales@procurementresource.com
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