Wednesday, December 20, 2023

 In the initial half of 2023, the sodium perborate market displayed diverse patterns in Asia, Europe, and North America. Asia underwent a gradual decline in the first quarter due to a sluggish construction sector and subdued demand. Although there was a brief price surge in April fueled by boric acid and limited supply, subsequent weaknesses in the cosmetics, agriculture, and detergent industries led to a downward trend. Europe, on the other hand, sustained stable demand for sodium perborate in the first quarter, benefiting from disrupted supply chains and reduced inventories. However, the second quarter encountered challenges from a competitive market due to excessive imports. Meanwhile, North America witnessed price stability in the initial quarter with rebounds in construction and detergent sectors. Nonetheless, the second quarter faced a substantial price downturn, primarily attributed to oversupply and weakened economic conditions.

Request for Real-Time Sodium perborate Prices: https://www.procurementresource.com/resource-center/sodium-perborate-price-trends/pricerequest

Definition

Sodium perborate is a white, crystalline compound with the chemical formula Na2B2(O2OH)4. It is widely known for its properties as a powerful oxidizing agent and its effectiveness in stain removal and disinfection. Sodium perborate has excellent bleaching properties, making it a common ingredient in laundry detergents and cleaning products. It is also stable, non-flammable, and safe for use in various applications. Sodium perborate releases hydrogen peroxide when dissolved in water, allowing it to act as a potent cleaning and disinfecting agent. Due to its versatility, it is utilized in household cleaning, pharmaceutical formulations, and as an oxygen source in some chemical processes.

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

Sodium perborate holds significant importance across multiple industries due to its strong oxidizing and disinfecting abilities. Primarily featured in laundry detergents, it acts as a potent bleach and stain remover. Its applications extend to the cleaning industry, where it effectively tackles stubborn stains and sanitizes surfaces in various cleaning products. Additionally, it plays a role in the pharmaceutical sector, contributing to wound care products and medical sterilization due to its disinfectant properties. In the cosmetic realm, it's used to whiten teeth. Its reliability, adaptability, and stability render sodium perborate a vital component in numerous industrial processes, particularly in laundry and cleaning applications.

Key Players:

  • Solvay AG
  • Evonik Industries AG
  • OCI Peroxygens LLC
  • HOGYE HOLDING GROUP CORPORATION LIMITED
  • JINKE Chemical Limited
  • Wuxi Wanma 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

Tuesday, December 19, 2023

 In the early part of 2023, sodium stearate prices in Asia faced a downturn due to a drop in the palm oil market, worsened by Indonesia's cut in palm oil export taxes. Despite a brief spike in demand during the festival season in the second quarter, local consumption decreased, causing an oversupply that pushed sodium stearate prices down.

Across Europe, a surplus in supply and sluggish consumer interest in the first quarter caused prices to fall. Traders had to shrink profit margins in the following quarter due to declining prices, heightened imports, and challenging weather conditions, contributing to the decrease in sodium stearate prices.

In North America, price fluctuations in related industries and uncertain Indonesian imports had a negative impact in the initial quarter. However, an export ban on palm oil in the subsequent quarter led to sodium stearate price hikes due to shortages in raw materials, prompting traders to increase their stocks.

Request for Real-Time Sodium Stearate Prices: https://www.procurementresource.com/resource-center/sodium-stearate-price-trends/pricerequest

Definition

Sodium stearate is a sodium salt of stearic acid, a saturated long-chain fatty acid. It is a white, waxy, or powdery substance that exhibits amphiphilic properties, making it useful in various applications. Sodium stearate is a surfactant, capable of interacting with both water and oil, allowing it to emulsify and stabilize mixtures. It is a key ingredient in soap production, contributing to lathering and cleansing properties. In addition to its role in soap, it serves as an emulsifier and stabilizer in cosmetics, personal care products, pharmaceuticals, and various industrial processes, enhancing texture, consistency, and stability in a wide range of applications.

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

Sodium stearate, the sodium derivative of stearic acid, is a highly versatile compound widely employed across diverse industries. Its primary role in soap production involves serving as a surfactant, facilitating the blending of oils and fats with water, resulting in foaming and cleansing properties. In cosmetics and personal care products, it functions as both an emulsifier and stabilizer, ensuring consistent texture. Additionally, in pharmaceuticals, it acts as a crucial binding and compressing agent in the manufacturing of tablets and capsules. Its emulsifying and stabilizing characteristics are instrumental in various industrial processes, including coatings, adhesives, and textile sizing. Furthermore, it plays a significant role in the food industry as an emulsifier and stabilizer, particularly in food additives.

Key Players:

  • Kao Corporation
  • Lumega Industries
  • N&M Specialty Chemicals
  • Norac Additives
  • Sovereign Chemicals
  • Spectrum Chemical Manufacturing Corp
  • Tokyo Chemical Industry

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

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

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