Thursday, December 14, 2023

 In the first two quarters of 2023, the price trend of softwood lumber exhibited fluctuations. Initially, during the early first quarter, the industry faced sluggishness, particularly in Canada, due to reduced construction activities. Although February saw a brief uptick driven by downstream industry demand, this improvement was short-lived. Concurrently, traders reduced stocking due to weak buyer purchasing power.

Request for Real-Time Softwood Lumber Prices: https://www.procurementresource.com/resource-center/softwood-lumber-price-trends/pricerequest

However, in April, the market gained momentum as weather conditions improved, bolstering construction sectors in the US and Canada, with support from rising costs of food, energy, and trade services. Yet, later in the second quarter, prices sharply declined, influenced by low fuel and energy costs, and despite OPEC+ production cuts, market sentiment remained negative.

Definition

Softwood lumber refers to wood obtained from coniferous trees, such as pine, spruce, fir, and cedar. It is widely used in construction and woodworking due to its availability and cost-effectiveness. Softwood lumber is known for its straight grain and relatively lighter weight compared to hardwoods. Its properties include ease of machining, cutting, and shaping, making it ideal for structural applications in residential and commercial buildings. However, softwood lumber is less dense than hardwoods and may require treatment to enhance its resistance to decay and insects when used outdoors.

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

Softwood lumber serves as a crucial resource across various industrial sectors. In construction, it is employed for framing, structural elements, roofing, wall panels, and flooring due to its cost-effectiveness and strength. Furniture manufacturing relies on softwood lumber for crafting tables, chairs, and cabinets, while millwork uses it for molding and trim. Interior doors are also often made from softwood lumber. In the packaging industry, it is used to construct pallets and crates for shipping. Softwood lumber is favored in the production of wood pulp for paper and cardboard due to its long fibers. Additionally, it plays a role in boat building, outdoor structures like decks and fences, and as a substrate for engineered wood flooring. Its versatility makes it invaluable in industrial applications.

Key Players:

  • Canfor Corporation
  • West Fraser Timber Co Ltd
  • Rayonier Advanced Materials
  • Western Forest Products Inc
  • EACOM Timber Corporation
  • McRae Lumber Company

News and recent development:

Softwood lumber prices post a strong gain in April. The U.S. lumber market changes for the better in April as prices for softwood and plywood begin to stabilize and rebound. The price of plywood, which had previously experienced a sharp reduction, showed tenacity in 2023 by only declining by a negligible 0.2% between March and April. This little decline can be a sign that the price has found its bottom. (Dated: 11 May 2023)

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, caustic potash market faced initial decline in Q1, 2023, due to inflation and slow market recovery from COVID-19. However, demand surged towards the quarter-end, particularly from agrochemical industries. Q2, in contrast, witnessed caustic potash price decline due to oversupply, reduced demand from overseas and domestic buyers, lowered production costs, and sluggish growth in agrochemical sectors.

Request for Real-Time Caustic Potash Prices: https://www.procurementresource.com/resource-center/caustic-potash-price-trends/pricerequest

Europe's caustic potash prices dipped in Q1 due to inflation, weak buyer purchasing, and stagnant economy affecting agrochemical and cleaning industries. Q2 saw continued challenges with energy costs, demand, and stocks, hinting at a possible recessionary phase. North America experienced falling Q1 demand and high inventories, and Q2 was marked by similar challenges alongside economic pressure from bank failures, leading to declining caustic potash prices.

Definition

Caustic potash, or potassium hydroxide (KOH), is an inorganic compound with chemical formula KOH. It appears as a white, odorless solid or colorless liquid with strong alkaline properties. It's highly soluble in water and exothermic when dissolved. Caustic potash is a versatile base and finds use in various applications due to its reactivity, including in the production of detergents, soaps, and biodiesel. It's also utilized in chemical synthesis, as a food additive, and in industries like textiles and pharmaceuticals. However, it requires careful handling due to its corrosive and caustic nature.

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

Caustic potash, or potassium hydroxide (KOH), serves a multitude of crucial industrial roles. In the chemical industry, it's employed as a versatile reagent for various reactions, including saponification to produce soaps, detergents, and cleaning agents. Its strong alkaline properties make it valuable for adjusting pH levels in water treatment processes. Caustic potash is used in the production of biodiesel as a catalyst for transesterification reactions. It's a key component in the manufacture of potassium carbonate, phosphates, and other chemicals. In agriculture, it's used for pH regulation and as a nutrient source. Its wide-ranging reactivity and applications contribute significantly to several industrial sectors.

Key Players:

  • UNID Company Ltd
  • Occidental Petroleum Corporation
  • Tessenderlo Group
  • Olin Corporation
  • Erco Worldwide Inc
  • Chengdu Huarong Chemical Company 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

Tuesday, December 12, 2023

 In the early months of 2023, the global lime market faced challenges as prices dipped in Mexico, but it later regained momentum, particularly in April and May, leading to a price increase. However, a substantial influx of limes from Brazil restrained price growth.

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

Overall, lime prices gradually ascended. Factors contributing to the second-quarter price hike included rising food inflation rates, limited food supply due to the Russia-Ukraine conflict, reduced production due to adverse weather in major lime-producing nations, and heightened consumer demand. These dynamics shaped the lime market's slow but steady incline during this period.

Definition

Lime is a citrus fruit with small, round to oval shapes, typically green or yellow in color. Known for its tangy and acidic flavor, it is a rich source of vitamin C and dietary fiber. Limes are versatile and commonly used in culinary applications, particularly for their juice and zest, which add a zesty and refreshing taste to various dishes, drinks, and desserts. They also possess natural antioxidants and antibacterial properties. Limes are integral to the production of lime juice, lime oil, and lime extracts, which find applications in food, beverages, cosmetics, cleaning products, and various industrial processes.

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

Limes have various industrial applications aside from their culinary uses. Lime juice, rich in citric acid, is an essential ingredient in the food and beverage industry, where it adds tartness and flavor to a wide range of products, from soft drinks to cocktails and condiments. Lime extracts and flavorings are used in the production of candies, gums, and other confectionery items. In the cosmetics and skincare industry, lime extracts are included in products for their refreshing and potentially skin-beneficial properties. Additionally, lime oil, obtained from lime peels, is utilized in the production of cleaning products for its natural degreasing and disinfecting qualities. Lime's versatility extends to various industrial sectors, making it a valuable ingredient and resource.

Key Players:

  • Valley Mineral LLC
  • Graymont Limited
  • Mississippi Lime Company
  • Sibelco Ltd
  • Lhoist
  • Carmeuse

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 first and second quarters of 2023, watermelon producers in Bangladesh experienced a favorable market trend characterized by high yields and elevated prices, both in domestic and international markets. The key driver behind this positive shift was improved connectivity, enabling producers to access markets across the nation and beyond. Additionally, growers attributed their robust yields to favorable weather conditions. The opening of the Padma Bridge facilitated quicker transportation, reducing the risk of fruit spoilage during transit. A similar pattern was observed in India, where limited watermelon production, coupled with surging demand during Ramadan and heatwaves, led to escalating prices, ranging from Rs 600 to 1200 per quintal.

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

Definition

Watermelon is a juicy and refreshing fruit characterized by its typically large, round or oblong shape, green rind, and vibrant pink or red, sweet and watery flesh. It contains vitamins A and C, as well as antioxidants like lycopene. Watermelon is celebrated for its high-water content, making it a hydrating summer fruit. It's enjoyed fresh, sliced, or added to fruit salads, smoothies, and desserts. With its sweet taste and hydrating properties, watermelon is a popular choice during hot weather.

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

Watermelon, primarily cherished as a delicious fruit, also finds industrial applications beyond the kitchen. Its seeds are a valuable source of oil, used in cosmetics and lubricants due to their high fatty acid content. Moreover, watermelon rinds possess potential as a raw material for bioethanol production, contributing to renewable energy sources. The fruit's red pigment, lycopene, is employed in food coloring and supplements. Watermelon's natural sugars can be fermented for alcohol production, while its fiber content may serve as a base material for biodegradable plastics. This versatile fruit, beyond its culinary appeal, holds promise in various industries, offering both nutritional and sustainable solutions.

Key Players:

  • Bayer AG
  • Syngenta Crop Protection AG
  • Groupe Limagrain Holding
  • Sakata Seed Group
  • TAKII & CO LTD
  • Rijk Zwaan Zaadteelt En Zaadhandel B.V.
  • Corteva Agriscience

News and recent developments:

Watermelon farmers getting good yields, prices. The Padma Bridge's improved connectivity has allowed watermelon producers in southern Bangladesh to enjoy early season bumper yields and pricing as their crop can now be sold in dstv markets across the whole nation. In order to start harvesting by mid-February, when prices are normally higher, farmers in more than 100 char regions of Patuakhali, Bhola, and Barishal have started growing watermelon in December rather than January for the previous three years.

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, December 11, 2023

 During the early part of 2023, Asia's triethanolamine market faced a price drop owing to inadequate raw material backing and decreased demand from related industries. However, the succeeding months witnessed a resurgence propelled by heightened demand, particularly from cosmetics and automotive sectors. Trading delays marginally impacted product availability. Meanwhile, Europe grappled with excessive supply and diminished local demand, leading to a significant price decline in the first quarter. This trend continued into the second quarter due to weak economic conditions and surplus stockpiles. Conversely, in North America, subdued demand, import pressures, surplus inventory, and economic hurdles collectively resulted in a continuous decline in triethanolamine prices throughout the period.

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

Definition

Triethanolamine is a viscous liquid with unique properties. It possesses both amine and alcohol functionalities, making it versatile. It's soluble in water and various organic solvents, aiding in formulations. Triethanolamine is a pH adjuster, buffering agent, and emulsifier, enhancing stability in products. It finds use in cosmetics, textiles, and pharmaceuticals due to its ability to soften skin and adjust pH. Its reactivity allows it to participate in various chemical reactions, making it a valuable compound in diverse industrial applications.

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

Triethanolamine boasts versatile qualities that make it a staple in numerous industries. In cosmetics and personal care, it multitasks as an emulsifier, pH balancer, and skin enhancer. Its applications extend to textiles for regulating pH during dyeing and softening fabrics. In pharmaceuticals, it aids in tablet coating and serves as a solvent for drug formulations. Additionally, it provides lubrication in metalworking and contributes to vulcanization in the rubber industry. Its involvement spans across various chemical reactions, serving as an intermediary and playing crucial roles in gas treating, cement production, adhesives, and beyond.

Key Players:

  • BASF SE
  • Ineos
  • Dow
  • Hubei Xian Lin Chemical Co Ltd
  • Nippon Shokubai Co Ltd
  • SABIC
  • Fushun Beifang 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: 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

 In Asia, the paraffin wax market underwent fluctuations driven by varying crude oil prices and reduced consumer demand, particularly affected by economic uncertainties in China. After the lunar new year and amidst COVID-related restrictions, production rates were initially low, impacting the market. A temporary price increase in Q2 was spurred by higher crude oil costs and a revival in the cosmetic industry. However, this was short-lived as inflation, decreased consumer spending, and subdued demand led to a reversal of this upward trend.

In Europe, paraffin wax prices experienced a decline across Q1 and Q2 due to diminished demand, disruptions in the supply chain caused by labor strikes, and economic indicators signaling a potential recession.

Meanwhile, North America witnessed a decrease in paraffin wax prices owing to weak industry demand, increased imports from Asia, and uncertainties surrounding crude oil.

Request Free Sample - https://www.procurementresource.com/resource-center/paraffin-wax-price-trends/pricerequest

Definition

Paraffin wax exhibits notable properties, such as being a colorless or white solid at room temperature that easily melts at low heat. It boasts a high crystalline structure, making it ideal for use in candles and as a solidifier in various products. Paraffin wax is an excellent insulator, with minimal reactivity and chemical inertness. Its malleability, low thermal conductivity, and moisture resistance contribute to applications in packaging, cosmetics, rubber, and coatings. However, concerns regarding its biodegradability and sustainability have prompted exploration of alternative materials in certain applications.

Key Details About the Paraffin Wax 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 Paraffin Wax 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 Paraffin Wax Price analysis, including India Paraffin Wax price, USA Paraffin Wax 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 Paraffin Wax Price Trend:

Paraffin wax boasts a multitude of industrial uses thanks to its adaptable nature. In the candle-making realm, it's a top choice due to its affordability, easy shaping, and clean-burning qualities. In packaging, it shields fruits, cheeses, and candies, prolonging their shelf life and elevating their appearance. Within cosmetics and spa treatments, it provides skin with softening and moisturizing advantages. Pharmaceutical applications include pill coatings that aid in swallowing. Moreover, it plays a role in rubber production, enhancing both processing and final product attributes. Its resistance to water makes it ideal for paper coatings, while its electrical insulating capabilities cater to diverse industries.

Key Players:

  • China Petrochemical Corporation
  • Sasol Limited
  • Petro Bras
  • Nippon Seiro Co Ltd
  • Repsol
  • Honeywell International Inc
  • Ergon 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 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

 Acetamide production, reliant on acetic acid and ammonia, witnesses price trends closely tied to its raw materials. Versatile applications across industries dictate Acetamide market dynamics. In the initial two quarters of 2023, the Chinese market's subdued economic recovery hampered manufacturing, resulting in below-par Acetamide demand and consistently lower prices. In contrast, Europe experienced relatively stable Acetamide markets, benefiting from restored supply chains, increased offshore trading, and improved supply-demand dynamics. Overall, the Acetamide market displayed fluctuating trends during this period.

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

Definition

Acetamide is an organic compound represented by the chemical formula CH3CONH2. A white crystalline solid, it is synthesized through the reaction of acetic acid and ammonia. With versatile applications, acetamide serves as a key chemical intermediate in the production of pharmaceuticals, plastics, and various industrial chemicals, contributing to diverse industrial processes.

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

Acetamide plays pivotal roles in several industrial applications. As a vital chemical intermediate, it is extensively utilized in the pharmaceutical industry for drug synthesis. Additionally, acetamide is employed in plastics manufacturing, contributing to the production of polymeric materials. Its versatility extends to various chemical processes, making it integral in diverse industrial applications.

Key Players:

  • DuPont
  • Solvay SA
  • The Lubrizol Corporation
  • Vantage Specialty Chemicals
  • Shanghai Time Chemicals CO., Ltd.
  • Henan Tianfu Chemical Co.,Ltd
  • ALB Technology Limited
  • Indenta Chemicals

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

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