Tuesday, December 26, 2023

 The latest report titled “Rice Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Rice.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request For Free Sample: https://procurementresource.com/production-cost-report-store/rice/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Rice production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Rice Production Process:

1. Rice Production Cost Via Seed Selection, Land Preparation, Planting, Irrigation, Harvesting, Drying and Milling: This report presents the detailed production methodology and cost analysis of rice industrial production. High-quality seeds are chosen to produce good-quality rice, and the soil is prepared by tilling along with leveling for cultivation. The seeds are planted directly, or transplanted, and proper irrigation and nourishment are maintained. Further, the grown rice crop is harvested and dried. After drying, the grains are milled to remove the husk, and the upper layer to produce rice.

Request For Free Sample: https://procurementresource.com/cost-analysis/rice-production-via-seed-selection-land-preparation-planting-irrigation-harvesting-drying-and-milling/requestsample

Product Definition:

Rice, scientifically labeled as Oryza sativa, stands as a dietary cornerstone for almost half the global population, notably in East and Southeast Asia. This versatile cereal grain and grass variety can be prepared by boiling or ground into flour, serving as a fundamental ingredient across numerous cuisines. Following its harvest, the rice kernel is enveloped by a hull or husk, typically separated during milling along with the bran layers. In certain instances, a lustrous sheen is imparted to the kernel by applying a coating of glucose and talc. Brown rice, which retains its husk, carries around 8% protein along with modest fat content. It serves as a notable source of thiamine, niacin, riboflavin, iron, and calcium. Conversely, white rice, stripped of both bran and husk, holds fewer nutrients since these parts harbor many vitamins, minerals, and essential elements found in rice.

Market Drivers:

Rice enjoys widespread consumption globally, particularly in Asia, where it constitutes nearly 90% of both production and human consumption. More than half of the world's population relies on rice as their primary dietary staple, with major consumption hubs situated in Asia, sub-Saharan Africa, and South America. Projections indicate an expanding rice market, driven by the burgeoning food and restaurant sectors, technological advancements in rice milling machinery, and appealing packaging strategies in emerging markets. There's a rising demand for specialty rice variations, such as long-grain varieties, propelling market expansion. Moreover, shifts in consumer habits and dietary preferences are catalysts for the rapid growth of the fast-food industry, anticipated to significantly bolster market dynamics.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum 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

 The latest report titled Rhenium Production Cost Report by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Rhenium.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Request Free Sample - https://www.procurementresource.com/production-cost-report-store/rhenium/request-sample

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Rhenium production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Rhenium Production Process:

  1. Rhenium Production From Mining: This report provides a comprehensive cost evaluation of Rhenium production via mining. Rhenium is mainly extracted by mining copper as a by-product of this process. NextlyNext, via the recovery of the flue dust, Rhenium is obtained, which gets synthesised in the roasting process of molybdenite concentrates from porphyry copper deposits.

Request Free Sample - https://www.procurementresource.com/cost-analysis/rhenium-production-via-mining/requestsample

Product Definition:

Rhenium (Re) stands as one of the Earth's rarest chemical elements, classified as a rare transition metal. Found sparingly in the Earth's crust, it necessitates mining for extraction. Occupying Group 7 on the periodic table with an atomic number of 75, this heavy, polyvalent metal boasts a silvery-white hue, bearing resemblance to manganese. Impressively, its melting point reaches 3185°C, while its boiling point soars to 5590°C.

Market Drivers:

Rhenium serves primarily as an enhancer in alloys based on tungsten and molybdenum, endowing them with valuable properties. These alloys are extensively utilized in oven filaments and x-ray machines, notably driving growth in the industry. Additionally, its use as an electrical contact material is attributed to its wear and arc corrosion resistance, further amplifying market demand. Moreover, rhenium catalysts exhibit resistance to poisoning (deactivation), making them integral in the hydrogenation of fine chemicals.

Beyond these roles, rhenium finds application as a catalyst in petroleum reforming, as filaments in mass spectrographs and ion gauges, and in the realm of photography where rhenium wire is essential for photoflash lamps and jewelry plating. Its presence in thermocouples, particularly in rhenium and tungsten alloys used for estimating temperatures up to 2200°C, showcases its versatility. The broad spectrum of its applications across multiple sectors has led to a substantial surge in demand.

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.

Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.

We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum 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

Sunday, December 24, 2023

 In the first quarter of 2023, carbon tetrachloride prices in Asia surged due to heightened demand, particularly from the polymer market, and increased manufacturing activities post the Covid and holiday season. However, the second quarter saw a downturn as the polymer sector faced setbacks with significant sales declines, coupled with uncertainties in crude oil costs and diminished support from feedstock prices, leading to a negative price trend. In Europe, a parallel trend occurred with first-quarter price surges due to strong demand and disrupted supply, followed by a decline in the second quarter attributed to challenges in the construction sector and excess inventories. North America experienced a bearish trend throughout both quarters, influenced by weak economic growth, increased interest rates, and altered demand dynamics, resulting in a southward movement in carbon tetrachloride prices.

Request for Real-Time Carbon tetrachloride Prices: https://www.procurementresource.com/resource-center/carbon-tetrachloride-price-trends/pricerequest

Definition

Carbon tetrachloride (CCl4) is a colorless, heavy, and nonflammable liquid with a sweet odor. Comprising one carbon atom and four chlorine atoms, it exhibits excellent solvency for various organic compounds. Historically used as a solvent, refrigerant, and fire extinguisher fluid, its industrial applications have declined due to environmental and health concerns. Carbon tetrachloride is sensitive to moisture and heat, posing health risks and potential environmental hazards. Its properties include a high density, low volatility, and a high boiling point, making it suitable for specific applications but necessitating careful handling and consideration of its associated risks.

Key Details About the Carbon 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 Carbon 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 Carbon tetrachloride Price forecast, including India Carbon tetrachloride price, USA Carbon 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 Carbon tetrachloride Price Trend:

Carbon tetrachloride (CCl4) has had diverse industrial uses, although many have diminished due to environmental and health concerns. Historically, it served as a solvent for oils, fats, and rubber, and as a refrigerant in early cooling systems. Additionally, its fire-extinguishing properties made it valuable in certain fire extinguishers. However, its role as a cleaning agent in the textile and dry-cleaning industries has significantly decreased due to its toxicity. The compound's versatility in industrial processes, as well as its solvency and fire-retardant properties, contributed to its applications, but its use has waned in favor of more environmentally friendly alternatives.

Key Players:

  • AkzoNobel N.V.
  • Ineos
  • Solvay S.A.
  • Shin-Etsu
  • Gujarat Alkalies & Chemicals Ltd
  • Tokuyama Corporation
  • DowDu Pont
  • The Dow Chemical Company
  • Gujarat Alkalies and 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 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 the first quarter of 2023, calcium silicate prices in Asia experienced an upward trend due to increased manufacturing activity in China and a surge in domestic and overseas orders. However, the second quarter saw a bearish tone with lower procurement rates and stagnant trading activities in the Asia Pacific region. In Europe, prices declined continuously over both quarters, influenced by heightened inflation, interest rates, and overall living costs, dampening consumer demand. The second quarter faced the challenges of falling demand and escalating inventories. North America grappled with sluggish construction and manufacturing sectors, low demand, and rising interest rates, leading to a notable price decline exacerbated by international market inquiries and the failure of two major US banks in the second quarter.

Request for Real-Time Calcium silicate Prices: https://www.procurementresource.com/resource-center/calcium-silicate-price-trends/pricerequest

Definition

Calcium silicate is a compound with the chemical formula Ca2SiO4, renowned for its excellent thermal and fire-resistant properties. In solid form, it is a white, free-flowing powder or a rigid board. Its high-temperature stability makes it a preferred material for insulation in industrial applications. Additionally, calcium silicate is known for its low thermal conductivity, durability, and resistance to moisture. These properties contribute to its use in various construction materials, such as insulating boards, fireproofing, and as a component in cement formulations. The compound's versatility arises from its ability to withstand heat, provide insulation, and enhance material strength.

Key Details About the Calcium silicate 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 Calcium silicate 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 Calcium silicate Price forecast, including India Calcium silicate price, USA Calcium silicate 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 Calcium silicate Price Trend:

Calcium silicate, valued for its remarkable properties, is widely utilized in diverse industrial applications. In the construction sector, it serves as an efficient insulating material, finding application in high-temperature environments due to its excellent thermal resistance. The compound is integral to the production of fireproof boards and panels, enhancing structural safety. As an insulator for pipes and industrial equipment, calcium silicate helps conserve energy. It acts as a mold release agent in foundries, aids in fire door and partition construction, and contributes to the strength and durability of cement and concrete formulations. Its versatility makes calcium silicate indispensable in various industries, from building materials to manufacturing.

Key Players:

  • American Elements
  • Spectrum Chemical Manufacturing
  • Associated Ceramics and Technology
  • Promat International NV
  • Shandong Lutai Building Material Science

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

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

Popular Posts

Blog Archive