Barium Sulfate Prices, Trends & Forecasts | Provided by Procurement Resource

 During the first half of 2023, Barium Sulfate prices closely mirrored the price patterns of its source materials, barium chloride and sodium sulfate. This versatility in applications in various industries, including oil drilling fluids, X-ray imaging, plastics, rubber, pigments, paper, and textiles, etc. drove the market sentiments. Initially, the industrial recovery in China and Europe spurred demand in the first quarter, but as time progressed, surplus inventories led suppliers to offer discounts, resulting in mixed market sentiments.

Request for Real-Time Barium Sulfate Prices: https://www.procurementresource.com/resource-center/barium-sulfate-price-trends/pricerequest

Definition

Barium Sulfate is a chemical compound, typically found as a white, odorless powder. It is widely used in various industries, including oil and gas drilling, as a component of drilling fluids to increase wellbore stability and control pressure. Additionally, it has applications in X-ray imaging, paints, plastics, and the manufacture of various products, where its high density and chemical inertness make it valuable.

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

Barium Sulfate serves key roles in multiple industries. In the oil and gas sector, it is crucial for drilling fluids, stabilizing wellbores, and regulating pressure. In healthcare, it is vital for X-ray contrast imaging. Moreover, it enhances the opacity and brightness of paints, is used as a filler in plastics, and contributes to paper and textile production by improving quality and texture. Its chemical inertness and high density make it invaluable in these applications.

Key Players:

• Dongfeng Chemical
• Shaanxi Fuhua Chemical
• Sachtleben Chemie
• Xuri Group,
• ShenzhouJiaxin Chemical
• Nippon

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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Tungsten carbide Prices, Trends & Forecasts | Provided by Procurement Resource

 Tungsten carbide production relies on tungsten metal, its price influenced by market dynamics. Known for its exceptional hardness and wear resistance, tungsten carbide is vital in mining equipment, aerospace, defense tools, and heavy-duty applications. In the first half of 2023, tungsten prices fluctuated, remaining relatively low due to end-user industry volatility. Declining Chinese exports disrupted supply chains, affecting semiconductor manufacturing. However, Group 6 Metals' new tungsten mines in Australia boosted production, even as trading trends saw a decline.

Request for Real-Time Tungsten carbide Prices: https://www.procurementresource.com/resource-center/tungsten-carbide-price-trends/pricerequest

Definition

Tungsten carbide is renowned for its exceptional properties, making it a vital material in various industries. It boasts extreme hardness, exceeding that of most other materials, and outstanding wear resistance, ensuring durability and longevity in harsh conditions. It retains its integrity at high temperatures and is chemically inert, offering stability in aggressive environments. Tungsten carbide exhibits excellent electrical and thermal conductivity, making it valuable in electronic and thermal management applications. Additionally, its toughness and strength are crucial for cutting tools and abrasives. These properties render tungsten carbide indispensable in mining equipment, aerospace components, machining tools, and numerous heavy-duty products.

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

Tungsten carbide, celebrated for its exceptional hardness and wear resistance, finds widespread industrial applications. It is prominently used in the production of cutting tools and wear-resistant components, enhancing the efficiency and longevity of machinery in the machining and mining industries. Aerospace and defense sectors utilize tungsten carbide for its ability to withstand high temperatures and provide superior durability in extreme conditions. In the electronics industry, it is employed in electrical contacts and heat sinks, owing to its excellent thermal and electrical conductivity. This remarkable material also serves as a crucial element in the manufacturing of heavy-duty products like drill bits, grinding equipment, and metalworking tools, ensuring precision and durability.

Key Players:

• Umicore
• CERATIZIT S.A.
• American Elements
• Kennametal Inc
• Extramet Products LLC

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

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Terephthalic acid Prices Today, Price Chart and Forecast Analysis | Procurement Resource

 Terephthalic acid (C6H4(CO2H)2) is an organic crystalline acid that is white in color and is primarily used as a precursor to polyester PET. The compound comprises eight carbon, six hydrogen, and four oxygen atoms, with a molar mass of 166.132 g-mol -1. The compound is insoluble in water, slightly soluble in hot ethanol, and completely soluble in alkali solutions.

Along with water, it is also soluble in some of the common solvents, such as acetic acid, chloroform, and ether. The melting point of the compound measures around 300° C. The chemical is synthesized commercially by the Amoco process, where p-xylene undergoes catalytic oxidation to attain Terephthalic acid as the product. It is widely used to manufacture PET which has various commercial utilizations.

Request for Real-Time Terephthalic acid  Prices: https://procurementresource.com/resource-center/terephthalic-acid-price-trends/pricerequest

The primary importing countries for Terephthalic acid enlist the United States, India, and Pakistan. On the other hand, the primary exporting countries include Mexico, South Korea, and India.

Key Details About the Terephthalic acid 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 Terephthalic acid 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 Terephthalic acid Price trend, including India Terephthalic acid price, USA Terephthalic acid 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 Terephthalic acid Price Trend:

Terephthalic acid is an organic chemical that is widely used as a precursor to polyester PET. It produces various polyester fibers based on PTA that exhibit fine characteristics such as easy to care for, wash, and use. The material can be used in its natural form as well as blended along with other synthetic materials to be used commercially. It is used as a carrier in the production of paint, which adds corrosion and stain resistance to the coating materials.

Additionally, Terephthalic acid is used as a raw material to manufacture various plastics, mainly dibutyl terephthalate and dioctyl terephthalate. The acid is being used at the research labs for the synthesis of metal-organic frameworks as well as certain drugs that are utilized by the pharmaceutical sectors.

Key Players:

• BP
• China Petrochemical (Sinopec Group)
• Mitsubishi Chemical Holdings
• Reliance Industries
• Eastman

News & Recent Development

• Date: March 9,2023- The Indian Oil Corporation plans to build a paraxylene and Purified Terephthalic acid (PX-PTA) unit in Odisha, with a capacity of 1.2 MMTPA. The project costs around 13,805 Crore and is expected to be completed by January 2024.

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: 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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Tanespimycin Prices Today, Price Chart and Forecast Analysis | Procurement Resource

 Tanespimycin, an antibiotic derived from corn through fermentation, experiences price variability linked to corn costs. Corn prices displayed fluctuations in H1 2023. Asia and Europe saw elevated prices in Q1 due to restricted Ukrainian supplies and diminished yields. Temporary reversals occurred in the US, yet Q2 witnessed declining prices that persisted due to increased supply and continued low demand stemming from the ongoing research, causing prices to drop throughout most of H1 2023.

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

Definition

Tanespimycin is an antibiotic drug produced through corn fermentation. Primarily researched for cancer treatment, it exhibits potential in inhibiting specific cellular processes related to cancer growth. Its development involves harnessing the properties of corn-derived compounds to create a therapeutic agent with promising applications in the medical field.

Key Details About the Tanespimycin Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring tnt forth the monthly, quarterly, half-yearly, and yearly information on the Tanespimycin 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 Tanespimycin Price analysis, including India Tanespimycin price, USA Tanespimycin 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 Tanespimycin Price Trend:

Tanespimycin key industrial use lies in its potential application as a cancer treatment. Derived from corn fermentation, this antibiotic shows promise in targeting cancer cell processes. Its unique properties make it a candidate for developing innovative therapies that could potentially contribute to the field of oncology and improve cancer patients' outcomes.

Key Players:

• Kosan Biosciences (Bristol-Myers Squibb)

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: 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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Titanium Tetrachloride Prices, Trends & Forecasts | Provided by Procurement Resource

 In both the first and second quarters of 2023, the price trend of titanium tetrachloride exhibited a persistent downward movement influenced by various factors. In Asia, the subdued activity of downstream industries and energy production cost volatility played a pivotal role in driving prices lower, compounded by consumer hesitancy due to inflation and rising interest rates.

Request for Real-Time Titanium Tetrachloride Prices: https://www.procurementresource.com/resource-center/titanium-tetrachloride-price-trends/pricerequest

In Europe, inflation rates and soaring production costs initially supported price increases, but high inventory levels and weak procurement from downstream sectors, notably construction and automotive, had adverse effects on titanium tetrachloride prices.

North America experienced price volatility, primarily attributed to low demand from end-user industries and limited trading activities, exacerbated by inflationary pressures, increased interest rates, and stringent governmental monetary policies, all collectively contributing to the declining price trend of titanium tetrachloride.

Definition

Titanium tetrachloride is a chemical compound known for its distinctive properties. It is a colorless to pale yellow liquid at room temperature, with a pungent and irritating odor. This compound is highly reactive, particularly with water and air, forming dense white fumes in moist conditions. Titanium tetrachloride is a vital precursor in the production of titanium metal, commonly used in aerospace, medical implants, and various industrial applications. Its reactivity and role as a catalyst make it valuable in the synthesis of organic compounds, including plastics and pharmaceuticals. Additionally, it is crucial in the semiconductor industry for its role in the synthesis of thin films and integrated circuits. Its unique properties and versatility contribute to its significance in various fields.

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

Titanium tetrachloride (TiCl4) holds significant importance in various industrial applications due to its versatile properties. One of its primary uses is in the production of titanium metal, a crucial material in aerospace, medical implants, and industrial equipment. TiCl4 acts as a key precursor in the Kroll process, where it reduces titanium ore to produce high-purity titanium metal. Additionally, it plays a pivotal role in the semiconductor industry for the synthesis of thin films and integrated circuits. TiCl4 is utilized as a catalyst in the production of various organic compounds, including plastics and pharmaceuticals. Its reactivity and catalytic properties make it valuable in chemical synthesis processes. The diverse range of applications underscores the industrial significance of titanium tetrachloride.

Key Players:

• Huntsman International LLC
• Dow
• Du Pont Inc
• Kronos Lab Sciences Pvt Ltd
• Tronox Limited
• ISK Industries
• The Kerala Minerals & Metal Ltd
• Merck KgA

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

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Sodium Sulfide Prices, Trends & Forecasts | Provided by Procurement Resource

 In the Asia-Pacific region, sodium sulfide prices initially faced challenges in the first quarter due to poor demand from end-user industries, but a surge in supply chain disruptions and increased production costs, driven by OPEC+ restrictions in the second half of the quarter, supported higher prices.

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

However, the second quarter witnessed a decline in sodium sulfide prices due to the region's weak economic conditions. In Europe, strong demand from the paper and detergent sector boosted sodium sulfide prices in the first quarter, along with supply shortages. Yet, the second quarter saw weakened demand, primarily from detergents and paper & pulp industries, affecting prices.

North America experienced rising sales and inventory insufficiencies in the first quarter, leading to a significant price increase. The second quarter exhibited occasional weak demand and limited inquiries from downstream industries, but stable consumption and overall market dynamics helped maintain price stability.

Definition

Sodium sulfide is a chemical compound with the formula Na2S. It is an odorless, yellow, or brick-red crystalline solid that readily dissolves in water. Sodium sulfide is highly hygroscopic, meaning it readily absorbs moisture from the air, and it can react vigorously with water to release hydrogen sulfide gas, which has a characteristic foul odor. The compound is alkaline and can undergo hydrolysis in water to form sodium hydroxide and hydrogen sulfide. It is commonly used in various industrial applications, including the production of dyes, textiles, and paper, as well as in the leather industry for hair removal during leather processing. Sodium sulfide is also used in water treatment processes and as a laboratory reagent for various chemical reactions.

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

Sodium sulfide, a versatile chemical compound, finds applications in various industrial sectors. In the leather industry, it serves as a crucial agent for hair removal during leather processing. It plays a pivotal role in the production of dyes and the manufacturing of sulfur dyes for textiles. Additionally, sodium sulfide is employed in the papermaking process, where it aids in delignification and pulp processing. In the water treatment industry, it is used for removing heavy metals from wastewater through precipitation reactions. Furthermore, sodium sulfide is utilized as a laboratory reagent for conducting a range of chemical reactions and experiments. Its multifaceted properties make it indispensable in diverse industrial processes.

Key Players:

• Solvay
• American Elements
• Tessenderlo Group
• Tokyo Chemical Industry
• Emco Dyestuff Pvt Ltd
• Innova Priority Solutions
• PVS Chemicals
• Shaanxi Fuhua Trading 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: 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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Cotton Prices, Trends & Forecasts | Provided by Procurement Resource

 In the first half of 2023, the cotton price trend in Asia-Pacific experienced fluctuations but showed an overall increase, driven by strong demand domestically and internationally. India's cotton production was adversely affected by weather challenges and other issues, leading to inventory depletion and price hikes. Some traders stockpiled cotton, further inflating prices. In the second quarter, declining consumer demand due to persistently high costs prompted traders to lower prices, supporting exports as international markets increased inquiries, benefiting from stabilized cotton prices.

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

Definition

Cotton is a natural fiber derived from the seed-hair of the cotton plant (Gossypium species). It is valued for its softness, breathability, and absorbency, making it a popular material for textiles and clothing production. Cotton fibers are composed mainly of cellulose, making them strong and durable. They have excellent moisture-wicking properties, which make cotton garments comfortable to wear in warm weather. Cotton can be easily dyed and is versatile for various fabric types, from soft and fluffy to sturdy and durable, making it a highly sought-after textile material.

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

Cotton has a wide range of industrial uses due to its versatile properties. The textile industry is the primary consumer of cotton, using it to create clothing, bed linens, towels, and various fabric-based products. Additionally, cottonseed is processed to produce cottonseed oil, a crucial ingredient in the food industry for cooking oils and food products. Cotton fibers are utilized in the manufacture of nonwoven products like diapers and sanitary products. Cotton linters, short fibers adhering to cotton seeds, are employed in the production of paper, cellulose-based plastics, and explosives. Cottonseed meal serves as a valuable livestock feed and fertilizer, contributing to agriculture. Furthermore, cotton is used in medical supplies such as bandages and swabs, showcasing its versatility across multiple industrial sectors.

Key Players:

• Allenberg
• Dunavant Enterprises
• Cargill
• Trelleborg Engineered Coated Fabrics

News and recent development:

Cotton procurement begins in Punjab mandis, farmers hopeful of bumper season despite pink bollworm threat. In Punjab's Abohar, the first cotton picking, and procurement have begun. A fortnight after the second harvest of this cash crop, the procurement is likely to pick up. To date, mandis have received about 3,000 quintals of cotton with medium-length staples. The MSP for medium staple this year is Rs 6,620 per quintal and for long staple it is Rs 7,020. So far, proprietors of the ginning sector have only paid between Rs 6,500 and 6,621 a quintal, and commission agents have not offered extremely unusual sums.

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

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