Procurement Resource

Phenol Price History and Forecast Analysis Provided by Procurement Resource

Phenol belongs to any of a family of organic compounds that are categorized by a hydroxyl or – OH group connected to a carbon atom which is part of an aromatic ring. Apart from aiding as the general name for the complete family, the name phenol is also a definite term for its simplest member, monohydroxybenzene (C6H5OH), also identified as benzenol or carbolic acid.

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Moreover, phenols are the same as alcohols; however, they form sturdy hydrogen links. Hence, they are more soluble in water as compared to alcohol and have greater boiling points. Besides, phenols appear as colourless liquids or white solids at room temperature and may be extremely poisonous and acidic.

China, the US, South Korea, Taiwan, and Germany are the top phenol-producing countries, globally.

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

Price Trend Image One of the widespread utilisation of phenol is in household commodities and as intermediate for industrial production. For instance, phenol is employed in fewer concentrations as disinfection in household cleaners and in mouthwash. Phenol can be the first surgical antiseptic.

Additionally, industrially phenol can also be employed as a starting material to produce plastics, explosives like picric acid, and drugs such as aspirin. Hydroquinone is the most common phenol, an important element of photographic development that decreases exposed silver bromide crystals to black metallic silver. Besides, alternative phenols are utilised in the dye industry to produce severely coloured azo dyes. Furthermore, combinations of phenols, specifically cresols, are employed as constituents in wood preservatives like creosote.

Key Players:

Shell Chemical Co
INEOS Phenol GmbH
Compañía Española de Petróleos, S.A.U.
Mitsui Chemicals Inc.
Kumho P&B Chemicals, Inc.
LG Chem Ltd.
Taiwan Prosperity Chemical Corporation
Honeywell International Inc.
Solvay SA

News & Recent Development:

April 03, 2023: INEOS recently announced that its subsidiary, INEOS Phenol, has successfully purchased all Mitsui Phenols Singapore Ltd assets from Mitsui Chemicals for an absolute USD 330 million. As per INEOS Phenol, this acquirement of the Jurong Phenol and BPA assets will prove to be a great match to their present asset portfolio and proficiency.

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.

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Company Name: Procurement Resource
Contact Person: Amanda Williams
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

Propane Price Trend Analysis, Historical Chart and Forecast

With the chemical formula C3H8, propane is a colourless, easily liquefied, gaseous hydrocarbon, which is a compound of carbon and hydrogen. It is the third member of the paraffin series, followed by methane and ethane. Propane is split into huge volumes from natural gas, light crude oil, and oil refinery gases and is industrially accessible as liquefied propane or as a main component of liquefied petroleum gas (LPG).

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Moreover, propane is an essential raw material for the ethylene petrochemical sector, just as ethane and other paraffin hydrocarbons. Though a gas is at a regular atmospheric pressure, the boiling point of propane is -42.1° C, which is easily liquefied in higher pressures.

The main exporters of propane liquefied are Qatar, the United States, United Arab Emirates, Canada, and Saudi Arabia. On the other hand, the key importers of propane liquefied are China, Japan, India, Italy, and the United Kingdom.

Key Details About the Propane 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 Propane price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Propane Price chart, including India Propane price, USA Propane 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 Propane Price Trend:

Price Trend Image Propane exhibits a high-octane rating, making it an exceptional choice for spark-kindled internal ignition engines. Propane is considered a popular substitute for fuel due to its easy domestic availability, high-power intensity, clean-burning qualities, and comparatively less costly. Additionally, propane’s primary utilisation includes heating homes and water, cooking and refrigerating food, drying clothes, and powering farms and industrial equipment. Moreover, it is also used in the chemical sector as a raw material for producing plastics and other compounds.

Key Players:

AmeriGas Propane, Inc.
Royal Dutch Shell (Shell)
Saudi Arabian Oil Co.
GAIL (India) Limited
China Petrochemical Corporation (SINOPEC)

News & Recent Development:

February 19, 2023: The leading gas company GAIL is seeking to import ethane from the United States to substitute natural gas and naphtha as feedstock for its petrochemical plants, replicating the approach of Reliance Industries Ltd., led by Mukesh Ambani. GAIL is now considering substituting propane and naphtha with ethane for ethylene manufacturing at Pata HDPE and LLDPE facilities. Reliance is projected to have saved around USD 450 million per year with ethane switching to propane and naphtha utilised in the production of ethylene.

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Price Trends of Methyl Methacrylate in its Latest Insights and Dashboard

Methyl methacrylate, a methyl ester of methacrylic acid, is a spontaneous resin, and its polymerised form is utilised as cement in dentistry, orthopaedic surgery, and ophthalmology. Additionally, the agent’s monomer form slackens the smooth muscle systemically, which may be a consequence of the nitric oxide – intervention reaction.

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Moreover, methyl methacrylate monomer occurs as a clear, colourless liquid. It is somewhat soluble in water, and most of it floats on water. Its vapour is heavier as compared to air and irritates the eyes and respiratory system. The containers holding methyl methacrylate must be greatly insulated or transported under refrigeration. Besides, methyl methacrylate is an enoate ester that has methacrylic acid as the carboxylic acid constituent and methanol as the alcohol component. Its task is of an allergen and a polymerisation monomer.

The United States, China, Japan, Germany, and Singapore are the world's five leading methyl methacrylate-producing countries.

Key Details About the Methyl Methacrylate 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 Methyl Methacrylate price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The Methyl Methacrylate Price chart, including India Methyl Methacrylate price, USA Methyl Methacrylate 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 Methyl Methacrylate Price Trend:

Price Trend Image The main utilisation of methyl methacrylate is in the manufacturing of acrylic plastics and resins such as Lucite, Plexiglas, and Perspex applied for sheeting and moulding compounds. These resins are utilised in construction, automotive, consumer products and in making signs.

Methyl methacrylate-butadiene-styrene or MBS is employed as an effective enhancer in PVC for making bottles. In addition, it is also put to use in exterior latex housepaint and impregnating pulp paper and wood. Besides, methyl methacrylate or MMA, is used in safety glazing, exterior paints, vinyl impact modifiers, adhesives, and illuminated light displays, among others. Other than glazing and sheet applications, the biggest use of MMA is as a comonomer in paints, coating, and engineering adhesives.

Key Players:

Arkema
Sumitomo Chemical Company
Dhalop Chemicals
Kuraray Group
Saudi Methacrylates Company (SAMAC)

News & Recent Development:

April 04, 2023: There was an upward trend in the prices of methyl methacrylate in the United States and Asian markets during the final week of March 2023. Enhanced trading sentiments supported this. The prices of methyl methacrylate have been additionally impacted by the commercial revival in China, continual imports from the exporting nation, elevated inflationary pressure, and increasing interest rates by the US Federal Reserve.

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Corrugated Box Manufacturing Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

The latest report titled “Corrugated Box Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Corrugated box.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Corrugated box manufacturing process, that might influence Corrugated box manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

A corrugated box can be defined as a disposable box or a container with all sides made up of material layers consisting of an inside layer, outer layer, and middle layer. The middle layer of the container is corrugated or channelled, which implies that it is styled in rigid, wave-shaped arches that give cushioning and support for heavy materials placed in the corrugated box. Through the years since the development of the corrugated box, it has become the most prevalent form of the shipping box and is used in every phase of material management and hauling. The corrugated box comes in three kinds, single, double, or triple.

Market Drivers:

An increase in the demand from the food and beverage, pharmaceutical, and personal care sectors is anticipated to drive the development of the market in the upcoming years. In addition, because of the soared internet use and e-commerce corrugated box industry is witnessing huge demand leading to the expansion of the market. Moreover, the corrugated box is popularly used to safeguard commodities during supply and allocation, improve brand identification, and manage shipping costs. It offers stylish and excellent packaging that helps raise the brand reputation, the safety of the product, consumer appeal, and product marketing and distinction. This is helping in the augmentation of the corrugated box market.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

Adapting the report to the country/region where you intend to establish your plant.
Adjusting the manufacturing capacity of the plant according to your needs.
Customizing machinery suppliers and costs to meet your requirements.
Providing additional information to the existing scope based on your needs.

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.

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Company Name: Procurement Resource
Contact Person: Chris Byrd
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

Cold Rolled Steel Sheet Manufacturing Cost Analysis Report, Manufacturing Process, Provided by Procurement Resource

The latest report titled “Cold Rolled Steel Sheet Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Cold Rolled steel sheet.

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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Cold Rolled steel sheet manufacturing process, that might influence Cold Rolled steel sheet manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Cold Rolled steel sheet is processed hot-rolled steel made by further processing in cold reduction mills, where the material gets cooled to room temperature, followed by annealing and temper rolling. The material has excellent properties such as improved strength and machinability, smooth surface finishing, a better finish and tighter tolerances, an oil-like touch, and well-defined edges in square bars and tubes with better straightness and concentric uniformity. It also provides improved precision and doesn't shrink after the forming process producing very precise parts that can be used without secondary processing.

Market Drivers:

Cold Rolled steel sheet has wide applications in various industries, like aerospace parts, automobiles, mechanical components, rods, bars, strips, home appliances such as washing machines and refrigerators, architectural components, and sheets and metal furniture structure owing to its better metal surface finishing and better tolerances. The steel sheet is used in engineered products where properties like tight tolerances, concentricity, coated surfaces, and straightness are required. Also, it is ideal for making household appliances such as furniture and filing cabinets owing to its high ductility.

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Some of the common requests we receive from our clients include:

Adapting the report to the country/region where you intend to establish your plant.
Adjusting the manufacturing capacity of the plant according to your needs.
Customizing machinery suppliers and costs to meet your requirements.
Providing additional information to the existing scope based on your needs.

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Epsom Salt Manufacturing Cost Analysis Report, Manufacturing Process, Provided by Procurement Resource

The latest report titled “epsom salt production cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Epsom Salt.

Request Free Sample - https://www.procurementresource.com/production-cost-report-store/epsom-salt/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Epsom Salt manufacturing process, that might influence Epsom Salt manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Epsom Salt or magnesium sulfate is a chemical compound composed of sulfur, magnesium, and oxygen, which resembles table salt but has a different bitter and unpalatable taste. It is categorised as a supplement, bath salt, or beauty product. It is full of magnesium and boosts sleep while reducing stress and easing muscle pain. It also eases inflammation in internal organs while lowering the risk of heart diseases by improving the circulation of blood, protecting the artery's elasticity, preventing blood clots, and increasing the effectiveness of insulin.

Market Drivers:

Epsom salt has wide usage in many health-related treatments where it is used to help ease stress and muscle soreness and relieves cramps, which is primarily driving the market's growth. In addition, it can help ease stomach issues by relieving constipation, improving bowel movements, and functioning as a laxative. It also helps treat fibromyalgia, arthritis, bronchial asthma and Preeclampsia. Furthermore, it is employed in the beauty sector as a skin exfoliant which helps get rid of dead skin cells, gets rid of odour from feet, and soothes and softens the skin. For cleaning applications, it can be used to clean bathroom tiles, act as a hand wash, prevent slugs, and clean the detergent build-up in washing machines which furthers the market expansion. Also, it is used for gardening uses as a fertiliser for houseplants, which boosts soil health and gets rid of plant pests.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Some of the common requests we receive from our clients include:

Adapting the report to the country/region where you intend to establish your plant.
Adjusting the manufacturing capacity of the plant according to your needs.
Customizing machinery suppliers and costs to meet your requirements.
Providing additional information to the existing scope based on your needs.

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Copper Price Chart, Historical and Forecast Analysis Provided by Procurement Resource

Copper has the chemical symbol Cu and the atomic number 29. It is a soft, malleable, and ductile metal with high electrical and thermal conductivity.

It is widely utilised in the manufacture of electrical wire, plumbing, industrial machinery, and the construction of houses and other structures.

It is also a key component of many alloys, such as bronze and brass, and is appreciated for its antibacterial characteristics, which make it valuable in medical applications.

It is naturally found in the earth's crust and is produced from copper ores via mining and refining procedures. It has a characteristic reddish-brown color that might appear more yellow or orange depending on the lighting.

It has a comparatively low melting point of 1,085 °C and its boiling point is 2,567 °C. The electronic configuration of copper is [Ar] 3d¹4s¹ and its density is 8.96g/cm³.

The top copper-producing countries include Mexico, Chile, Peru, Australia, Canada, and Chile.

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Key Details About the Copper 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 Copper price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

The copper price trends, including India copper price, USA copper 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 Copper Price Trend:

Price Trend Image Owing to its superior electrical conductivity, low resistance, and durability, copper is commonly employed in electrical wiring and conductors.

It is widely utilised in plumbing systems, as well as in a range of electrical gadgets such as computers, smartphones, and televisions.

Copper is often used in construction applications such as roofing, gutters, and cladding.

Aside from that, it is employed in the manufacture of a variety of industrial gear and equipment. It is also utilised in the manufacture of coinage.

Key Market Players:

Umicore N.V
American Elements
MMC Norilsk Nickel PJSC
Korea Zinc Co., Ltd.
Jinchuan Group International Resources Co. Ltd
Glencore plc
The Doe Run Resources Corporation
Codelco Mining company
Freeport-McMoRan Inc.
Broken Hill Proprietary (BHP)Group Limited
Rio Tinto plc

News and Events:

September 19, 2022: Copper prices have been volatile since the beginning of the year, averaging USD 3.50 per pound (USD 7,700) at the end of two months, down 21% from their peak levels in early March 2022.

About Us:

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 track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

Contact Us:

Company Name: Procurement Resource
Contact Person: Amanda Williams
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, May 1, 2023

Phenol Price History and Forecast Analysis Provided by Procurement Resource

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Propane Price Trend Analysis, Historical Chart and Forecast

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Price Trends of Methyl Methacrylate in its Latest Insights and Dashboard

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Corrugated Box Manufacturing Cost Analysis Report, Manufacturing Process, Raw Materials Requirements, Costs and Key Process Information, Provided by Procurement Resource

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Cold Rolled Steel Sheet Manufacturing Cost Analysis Report, Manufacturing Process, Provided by Procurement Resource

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Epsom Salt Manufacturing Cost Analysis Report, Manufacturing Process, Provided by Procurement Resource

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Copper Price Chart, Historical and Forecast Analysis Provided by Procurement Resource

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