Procurement Resource

Galvanized Steel Sheet Price Trend Analysis, Historical Chart and Forecast Analysis

Galvanized Steel Sheet is a zinc-coated sheet which is used to protect the steel product from rust and corrosion. These sheets are mainly used for construction and are cheaper with anti-rust properties. The steel sheet is produced through the galvanising process, such as electro-galvanising, metallic spraying, hop-dipping, cold galvanisation, sherardising, and painting.

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The end product has various properties, such as being corrosion resistant, having a shiny and smooth finish, inexpensive, and having a silver-white finish. It does not demand too much maintenance as well.

Key Details About the Galvanized Steel Sheet 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 Galvanized Steel Sheet 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 galvanized steel sheet price chart, including India Galvanized Steel Sheet price, USA Galvanized Steel Sheet 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 Galvanized Steel Sheet Price Trend:

The Galvanized Steel Sheet industry is witnessing rapid development due to the diverse applications of the product in many downstream industries like construction, automobiles, and electrical appliances. In the construction sector, it helps produce various products like roof and wall ornaments, pipes, door and window hoods, decorative formed shingles and pantiles etc. In the automotive industry, it is used for making parts of vehicles like bottom plates, highway fences, outer shells, inner panels, bicycle frames, containers, ship bulkheads, and agricultural machinery, among others. In addition to these applications, it is also used for making furniture products such as shells and back panels of commodities like tables, microwave ovens, refrigerators, air conditioners, washing machines, water heaters, wardrobes, file and bedside cabinets, chimneys, kitchen utensils, bookshelf etc.

Key Players:

JSW Steel Coated Products Limited
Agrasen Ispat (P) Ltd
Shandong Hengze New Material Group Co.,Ltd
Nippon Steel Corporation
Gupta Iron & Steel Co

News & Recent Development

13 June 2023- As per a European Steel Association (Eurofer) report, the European Union's steel consumption will likely recover by 2024 by 5.4%.

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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Contact Person: Chris Byrd
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Silicone (DMC) Price Chart, Historical and Forecast Analysis | Procurement Resource

Silicone (DMC) or Dimethylcyclosiloxane [(CH3)2SiO]n, (n=3,4,5,6,7) is a colourless and transparent oily liquid which is mainly used to make silicone rubber and oil. The key raw material is found in different viscosity series ranging from low, medium, to high.

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Its molecular structure comprises hexamethyl cyclotrisiloxane (D3), decamethylcyclopentasiloxane (D5), octamethylcyclotetrasiloxane (D4), and Dodecamethyl cyclohexasiloxane (D6).

Key Details About the Silicone (DMC) 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 Silicone (DMC) 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 Silicone (DMC) Price analysis, including India Silicone (DMC) price, USA Silicone (DMC) price, pricing database, and chart 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 Silicone (DMC) Price Trend:

Price Trend

Silicone (DMC) is primarily used as a feedstock in the production of silicone rubber and silicone oil production which is the main driver boosting the market demand. These products made using DMC can undergo further processing to create many altered silicone rubber and silicone oil with excellent resistance to low and high temperatures and insulation. It is employed in ring-opening polymerization and resins with different polymerization degrees that can be processed into other products and employed in end-user industries like food, textiles, electronics, automotive, construction, personal care, machining etc. Furthermore, it is used to handle silicone rubber packing and cosmetics. Also, Silicone resin's derivatives find use as stabilizers or thickening agents and suspending agents, which furthers the market expansion.

Key Players:

Dow Corning
Wacker
Elkem Silicones
Shin Etsu
KCC
Dongyue Group
Xinan
Sucon
Hoshine
Jinling
Sanyou
Xingfa
Sanjia
Guifeng
Humbot

News & Recent Development

29th May 2023- In the week of May 22-26, the domestic market for silicone DMC saw a slight decline. On 26th May 2023, the silicone DMC domestic market reference price stood at 14,360 RMB/ton, which was 14,400 RMB/ton on 22nd May, falling by 40 RMB/ton (by 0.55%).

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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
Reference Link - https://theprocurementexpert.com/silicone-dmc-prices-trend/

Ethanol Price History and Forecast Analysis Provided by Procurement Resource

Ethanol (C2H6O) is a colourless and combustible liquid that has a distinct feeble odour. It is mainly produced through yeast fermentation or using a petrochemical process which involves ethylene hydration.

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It mainly serves as a substitute for motor fuel or as a gasoline additive, making it a more renewable energy source. Its respective melting and boiling points are 156 K (at room temperature) and the boiling point is 351 K.

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

Ethanol is mainly employed as a substitute fuel for gasoline that is used in internal combustion engines, as all gasoline engines in existence can operate on gasoline and around 10% ethanol. Therefore, the growing awareness regarding eco-friendly substitutes of the product, along with the shift among consumers for ethanol usage due to it being an environmentally safer option, will boost its market demand further. It is also used for producing alcoholic beverages. As it also serves as a solvent, it can be employed for preparing several medicines in the chemical and pharmaceutical industry. It also serves as a disinfectant which increased its market sales.

Key Players:

Archer Daniels Midland Company
Cargill, Incorporated
CHS Inc
POET
LLC
BP Plc
The Andersons Inc.

News & Recent Development

2 May 2023- As per Food and Consumer Affairs, the nation will likely finish its goal of reaching a target of 20 per cent ethanol blending in petrol by 2025.

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Sodium metabisulfite Price Chart, Historical and Forecast Analysis | Procurement Resource

Sodium metabisulfite is a white, crystalline powder with the chemical formula Na2S2O5. Salt finds its uses in various industries such as food and beverage, pulp and paper, water treatment, textile, etc. The molecular weight of sodium metabisulfite is 190.11 g/mol and has a distinct sulfur odor. This salt also has antimicrobial and antioxidant properties, making it a popular choice in the food and beverage market.

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The textile, pulp and paper, and water treatment industry uses this salt as a reducing agent. It can effectively remove chlorine, dissolved heavy metals, and dissolved oxygen from wastewater. The versatile properties of salt make it a popular and valuable choice in diverse industries.

Key Details About the Sodium metabisulfite 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 Sodium metabisulfite 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 Sodium metabisulfite Price analysis, including India Sodium metabisulfite price, USA Sodium metabisulfite price, pricing database, and chart 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 Sodium metabisulfite Price Trend:

Price Trend

Sodium metabisulfite has various industrial applications owing to its versatile properties. The primary use of this salt is in the food and beverage market. It acts as a preservative and antioxidant in the industry. It is therefore added to wine, processed foods, beer, etc. to prevent the growth of bacteria, yeasts, and molds. Another significant industrial use of this salt is in the water treatment market.

Sodium metabisulfite acts as a reducing agent for the removal of chlorine, and its derivatives from water. In the textile industry, it acts as a bleaching agent and dyeing additive for the removal of excessive dyes. The pulp and paper industry also employs this salt as a dechlorinating agent during the bleaching process. It also has sterilizing properties and is therefore used in sanitizers and various industrial processes for controlling microbial growth on equipment, tanks and pipelines.

Key Players:

BASF
Dow
Eastman
Oxea
Sasol
Wu Jiang Chemical
Zibo Nalcohol Chemical

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Rapeseed oil Price Chart, Historical and Forecast Analysis | Procurement Resource

Rapeseed oil is a vegetable oil obtained from the seeds of the rapeseed plant (Brassica napus or Brassica rapa). It is also referred to as canola oil. It is commonly used as a cooking oil and is esteemed for its dietary advantages and adaptability. Rapeseed oil is appropriate for a variety of culinary uses because of its mild flavor and pale-yellow color. Due to its high smoke point, it is perfect for high-temperature cooking techniques like frying.

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Rapeseed oil is heart-healthy because it has a healthy balance of omega-3 and omega-6 fatty acids. It is a healthier option than certain other cooking oils because it is also low in cholesterol and saturated fat. For salad dressings, baking, and food processing, rapeseed oil is utilized in the food sector.

Key Details About the Rapeseed oil Price Trend:

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

The Rapeseed oil Price analysis, including India Rapeseed oil price, USA Rapeseed oil price, pricing database, and chart 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 Rapeseed oil Price Trend:

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Due to its adaptable qualities, rapeseed oil is used in a variety of industrial processes. In the process of making biodiesel, rapeseed oil is used extensively. It is one of the main raw materials used to make biodiesel, a renewable and sustainable substitute for regular diesel fuel. Oil is a great source for producing biodiesel since it has high quantities of monounsaturated and polyunsaturated fatty acids. It is also used as a hydraulic fluid and lubricant in the industrial sector. Due to its viscosity and lubricating qualities, it can be used on a variety of machines and equipment to reduce friction and ensure smooth operation. Additionally, rapeseed oil is used in the production of detergents, soaps, and surfactants. As a natural emulsifier, it can improve the cleaning abilities of these products. This oil is a central ingredient that can be used to make oleochemicals. These compounds, which are obtained from natural oils and fats, are used to make paints, coatings, personal care items, and cosmetics.

Key Players:

ADM
Bunge Limited
Cargill Incorporated
Resaca Sun Feeds LLC
Corteva Agriscience
Sunora Foods

News & Recent Development

February 10, 2023- Spike in biodiesel imports sees big falls in rapeseed prices - FEDIOL has expressed concerns about the surge in imported biodiesel, which has had disastrous effects on the feedstock based in Europe at the level of EU farms. The rapeseed oil and methyl ester markets in the EU have experienced disruptions as a result of the importation of biofuels like HVO or FAME, according to the vegetable oil and protein meal industries. Prices for physical rapeseed for spot delivery have decreased from €625 per tonne to €410 per tonne during the past five months as rapeseed oil prices have decreased dramatically by over 30% to €800 per tonne.

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Glass Prices, Trends & Forecasts Analysis | Provided by Procurement Resource

Glass is an inorganic non-crystalline material that looks transparent or translucent in appearance. It is composed of easily available raw materials such as sand, limestone, and soda ash, which are abundantly present in nature. It is available in four grades, including annealed, toughened, heat strengthened, and laminated.

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It is brittle, hard, breakage resistant, recyclability, has great mechanical strength, and is impervious to the natural elements. Its melting point is extremely high at 1700°C (3090°F).

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

Glass is widely employed in a wide range of applications from construction to buildings to telecommunications which is propelling its market expansion. In addition, it has great malleability, which makes it easy to treat and offers great finishes such as annealed, armoured, tempered, and thermo-acoustic, among others. Furthermore, it is a more inexpensive and eco-friendly option for packaging, which works in replacing plastic which makes it ideal for use in the food and beverage industry, furthering its market demand. Additionally, it is employed in the building of insulated glass, green buildings and other elements, which is bolstering the industry's expansion. It is also used for making automobiles, such as electric vehicle production, which in turn expands the market development.

Key Players:

O-I Glass, Inc. (Owens-Illinois Inc)
Ardagh Group S.A.
Verallia
Anadolu Cam
Vidrala
Saint Gobain Group
CARVART
Oceanside Glass & Tile

News & Recent Development

13 June 2023- A latest toxin-free and durable glass has been launched by Meyer Burger at Intersolar Europe.

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Rhodium Price Chart, Historical and Forecast Analysis | Procurement Resource

The element rhodium has the atomic number 45 and the letter Rh as its symbol. It is a precious and uncommon metal that is a member of the platinum group. Rhodium is renowned for its excellent reflectivity, shiny look, and silver-white hue. It is extremely resistant to corrosion and tarnishing and has a high melting point of 1,964 degrees Celsius. Since rhodium is one of the most stable and long-lasting metals, several businesses place a high value on it.

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It is employed as a catalyst in numerous chemical reactions, including those that result in the synthesis of chemicals, medicines, and fine chemicals. It has good catalytic characteristics. In the car sector, rhodium is also used to make catalytic converters, which assist reduce toxic emissions from vehicles.

Key Details About the Rhodium 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 Rhodium 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 Rhodium Price analysis, including India Rhodium price, USA Rhodium price, pricing database, and chart 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 Rhodium Price Trend:

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Rhodium's special qualities allow for a wide range of industrial applications. The automobile industry uses rhodium in a number of keyways. It serves as a catalyst in catalytic converters, which are essential for lowering hazardous emissions from exhaust gases from moving vehicles. Nitrogen oxides (NOx) and carbon monoxide (CO) are pollutants that can be changed into less toxic compounds owing to the catalytic characteristics of rhodium. High-quality glass and optical equipment are two major industrial applications for rhodium. Due to its excellent reflectivity and durability, rhodium is utilized as a coating material for mirrors and other reflective surfaces. Additionally, the manufacture of electrical connections uses rhodium. Due to its strong corrosion and oxidation resistance, it can be used in switches, connections, and other electrical components.

Key Players:

Umicore N.V.
Russian Platinum
Anglo American Platinum Limited
Johnson Matthey
BASF SE
E Buddy Recyclers

News & Recent Development

12 May 2023: Catalytic converter thefts are on the rise across the country. Russia could make it worse - Since 2019, there has been a sharp increase in catalytic converter thefts nationwide, and there is a potential that Russia will make things worse. Data from the National Insurance Crime Bureau show that between 2019 and 2022, thefts increased by 1,215%. The converters, often known as "cats," are made of priceless metals including platinum, palladium, and rhodium. Chemicals are used by the component, which The New York Times claims resembles a "metal hot water bottle," to convert dangerous pollutants like carbon monoxide and other gases into steam.

Monday, June 19, 2023

Galvanized Steel Sheet Price Trend Analysis, Historical Chart and Forecast Analysis

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Silicone (DMC) Price Chart, Historical and Forecast Analysis | Procurement Resource

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Ethanol Price History and Forecast Analysis Provided by Procurement Resource

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Sodium metabisulfite Price Chart, Historical and Forecast Analysis | Procurement Resource

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Rapeseed oil Price Chart, Historical and Forecast Analysis | Procurement Resource

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Glass Prices, Trends & Forecasts Analysis | Provided by Procurement Resource

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Rhodium Price Chart, Historical and Forecast Analysis | Procurement Resource

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