Sunday, November 19, 2023

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

Friday, November 17, 2023

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

Thursday, November 16, 2023

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

Tuesday, November 14, 2023

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

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