Stainless Steel (304) Price Chart, Historical and Forecast Analysis | Procurement Resource

In the first and second quarters of 2023, the stainless steel (304) market in Asia experienced consistent price declines. The initial part of the first quarter was marked by rising inventories due to decreased demand from downstream industries. While manufacturing activities picked up in China, sluggish domestic and international markets hindered procurement rates.

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In Europe, lower imports and increased inquiries supported prices in the first quarter, but consumption and customer interest remained low. The second quarter briefly saw price increases driven by rising material costs and improved automotive conditions but was followed by price decreases due to low-cost imports and global economic uncertainty. In North America, prices were stable in the first quarter but declined in the second quarter due to recessionary pressures, inventory increases, and reduced buyer interest in the sector. High raw material costs only briefly supported the market in the second quarter before various challenges caused stainless steel (304) prices to fall.

Definition

Stainless steel 304 is a corrosion-resistant alloy composed mainly of iron, chromium (18-20%), and nickel (8-10%). It is known for its excellent corrosion resistance, making it suitable for various applications, particularly in environments prone to moisture and corrosion. Stainless steel 304 exhibits high strength, durability, and a smooth, attractive finish. It is non-reactive with food and beverages, making it commonly used in kitchen appliances and food processing equipment. Additionally, its versatility and resistance to rust and staining make it a popular choice in industries such as construction, architecture, and automotive manufacturing.

Key Details About the Stainless Steel (304) 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 Stainless Steel (304) 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 Stainless Steel (304) Prices, including India Stainless Steel (304) price, USA Stainless Steel (304) 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 Stainless Steel (304) Price Trend:

Stainless steel 304 is widely employed across diverse industrial sectors due to its exceptional properties. Its corrosion resistance and durability make it a prime choice for applications in the food and beverage industry, where it's used for equipment like tanks, pipes, and food processing machinery. In construction and architecture, stainless steel 304 is favored for its aesthetic appeal, strength, and resistance to harsh weather conditions, finding use in building facades, roofing, and structural components. Its non-reactive nature also makes it prevalent in the pharmaceutical and medical fields for manufacturing surgical instruments and medical devices. Additionally, it is utilized in automotive components, chemical processing, and more, owing to its versatility and reliability.

Key Players:

  • Acerinox S.A.
  • Aperam Stainless
  • ArcelorMittal
  • Baosteel Group
  • Jindal Stainless
  • Nippon Steel Corporation
  • POSCO
  • ThyssenKrupp Stainless GbH
  • Yieh United Steel Crop

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

Cold Rolled Coil Price Chart, Historical and Forecast Analysis | Procurement Resource

During the initial half of 2023, the price movements of cold rolled coil demonstrated varied patterns across different regions. In the Asia-Pacific region, a notable increase in demand from the automotive sector, coupled with fluctuations in raw material prices, propelled prices upward. Nevertheless, challenges emerged due to the construction sector's volatility and disruptions caused by the Spring festival. Europe witnessed an initial surge in prices, supported by heightened offers and escalating raw material expenses, bolstering activity in related industries. However, economic setbacks, labor shortages, and higher interest rates contributed to price declines in the first half of the year. In North America, a significant price hike ensued owing to supply limitations, reduced production, and escalating domestic demand. Nonetheless, the second quarter witnessed a downturn attributed to weakened automotive procurement, market sentiments, and broader economic factors.

Request for Real-Time Cold Rolled Coil Prices: https://www.procurementresource.com/resource-center/cold-rolled-coil-price-trends/pricerequest

Definition

Cold rolled coils possess superior surface finish, dimensional accuracy, and tight thickness tolerances due to the cold rolling process. They exhibit enhanced strength compared to hot-rolled coils. Their uniformity makes them suitable for applications requiring precise specifications, such as automotive components, appliances, and construction materials. Cold rolled coils also offer improved formability, making them favorable for intricate shapes and designs. Their reduced thickness and smooth surface facilitate efficient painting, coating, and further processing. Overall, their properties enhance product quality, consistency, and suitability for diverse industrial applications.

Key Details About the Cold Rolled Coil 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 Cold Rolled Coil 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 Cold Rolled Coil Price trends, including India Cold Rolled Coil price, USA Cold Rolled Coil 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 Cold Rolled Coil Price Trend:

Cold rolled coils find extensive use in various industries owing to their distinct attributes. Within the automotive domain, they play a pivotal role in crafting essential elements such as body panels, chassis components, and transmission parts. Their exact measurements and refined surface texture significantly enhance the quality of automotive goods. In the realm of construction, these coils are employed for roofing, siding, and structural elements where precision in size and surface appearance holds paramount importance. Furthermore, appliances such as refrigerators, washing machines, and ovens derive immense benefits from the consistent thickness and sleek surface achieved by these coils. Notably, the electronics sector relies on cold rolled coils to manufacture components with precise tolerances and uniform properties.

Key Players:

  • Arcelor Mittal
  • Nippon Steel Corporation
  • POSCO
  • Baosteel Group Corporation
  • AK Steel Holding Corporation
  • Nucor Corporation

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

Wheat Price Chart, Historical and Forecast Analysis | Procurement Resource

Wheat is one of the most consumed varieties of grain across the globe. It has many varieties that also have high demand worldwide. It is a cereal that contains many fibers, minerals, vitamins, and antioxidants essential for a healthy being. It also contains gluten, which is a protein variety. Commercially, it is obtained from the Wheat plant, which belongs to the Poaceae family, or the grass family that bears several other important cereal varieties. It is mainly composed of starch which measures over 90% of the total carbohydrate content in Wheat.

Wheat plant is processed and marketed commercially for many purposes. Its seeds are processed into flour, referred to as Wheat or whole-Wheat flour, used in making food products. Wheatgrass is used to attain Wheat juice, which is rich in antioxidants and helps maintain a healthy heart.

Request for Real-Time Wheat Prices: https://procurementresource.com/resource-center/wheat-price-trends/pricerequest

The primary importing countries that import Wheat are the United States, the Netherlands, and Bangladesh. On the other hand, India, Germany, and Italy.

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

Wheat is a cereal grain that has a wide range of applications in the commercial market. It is mainly used in whole-Wheat and Wheat flour varieties, which is a base ingredient used in producing food varieties such as pasta, chapatis, pastry, biscuits, cakes, bread, noodles, semolina, and couscous, etc.

Wheat is processed to produce juice, flakes, malt, paste, starch, gluten, dextrose, and alcohol, which are mostly added to other food items such as stabilizers, thickeners, and beverages. It is used in different cuisines that cover different regions across the globe. Wheatgrasses produce detox juice that contains antioxidants and has several health benefits. Animals consume Wheat straws as fodder and are also used to manufacture papers, bedding, packages, carpets, baskets, etc.

Key Players:

  • Cargill
  • Incorporated
  • The Archer Daniels Midland Company
  • Buhler Group
  • CHS Inc.
  • Star of the West Milling Co.
  • Siemer Milling Company

News & Recent Development

  • Date: April 13, 2023- The central government announces continuing the Wheat export ban to ensure an adequate supply for the Indian market.

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

Sulphur Price Chart, Historical and Forecast Analysis | Procurement Resource

Sulfur, symbolized as S and possessing atomic number 16, stands as a nonmetallic element widely present in nature, prevalent within various minerals like sulfates and sulfides.

In its elemental form, sulfur manifests as a vivid yellow, brittle solid devoid of taste or scent. Insoluble in water yet soluble in carbon disulfide, it holds an atomic weight of 32.06 g/mol-1, accompanied by a melting point of 113°C and a boiling point of 445°C.

Characterized by an electronic configuration of [Ne] 3s23p4 and a standard potential of -0.51 V, sulfur boasts a density of 2.07 g.cm-3 at 20°C.

Among the leading sulfur-producing nations worldwide are China, India, Canada, United Arab Emirates, Russia, Japan, Qatar, and South Korea.

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

Key Details About the Sulphur 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 Sulphur 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 Sulphur Price trends, including India’s Sulphur price, USA’s Sulphur 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 Sulphur Price Trend:

Sulfur finds extensive applications across various industries. It serves as a crucial element in the production of sulfuric acid, a highly utilized industrial chemical.

Moreover, sulfur plays a vital role in creating fertilizers, insecticides, and diverse agricultural compounds. Its presence is essential in manufacturing rubber, detergents, and pharmaceuticals.

Furthermore, sulfur serves as a vulcanizing agent in the rubber industry and as a bleaching agent in paper and textile manufacturing processes.

Additionally, it is instrumental in crafting batteries, gunpowder, and matches. It is extensively employed in laboratory settings for synthesizing sulfides and generating sulfur dioxide.

Key Players:

  • INEOS Capital Limited
  • Repsol S.A.
  • Petrobras
  • Ishtar Company LLC
  • Swiss Singapore Overseas Enterprises Pte 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 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

Vinyl Acetate Price Chart, Historical and Forecast Analysis | Procurement Resource

Vinyl acetate has a pleasant smell and taste. It is a flammable, colorless liquid. It is an organic substance with the molecular formula CH3COOCH=CH2 and chemical formula C4H6O2. This acetate has a high reactivity due to the presence of the vinyl group (-CH=CH2) in its structure. Due to its reactivity and wide range of usable products, it is an adaptable and significant chemical in the manufacturing sector.

Request for Real-Time Vinyl Acetate Prices: https://procurementresource.com/resource-center/vinyl-acetate-price-trends/pricerequest

The US, the European Union, Japan, South Korea, and China are the top exporters of vinyl acetate, which is a chemical with a large global market. On the other side, China, the US, India, Japan, and South Korea are the top importers.

Key Details About the Vinyl Acetate 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 Vinyl Acetate 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 Vinyl Acetate price trends, including India Vinyl Acetate price, USA Vinyl Acetate rice, 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 Vinyl Acetate Price Trend:

Vinyl Acetate Price Trend

The vinyl acetate price trend is influenced by several factors, including supply and demand dynamics, and industrial uses. The key industrial uses of this compound that impacts its price trend include demands in adhesive, coatings, polymer, textile, and paper industries. This compound is the central building material in producing PVA polymer, ethylene-vinyl acetate polymer (EVA), and polyvinyl alcohol (PVOH). It is also used as a raw material in producing synthetic fibers, photogenic papers, carbonless copy papers, and packaging papers. This acetate is also widely employed in producing adhesives, including hot melt adhesives, water-based adhesives, and solvent-based adhesives. The supply of vinyl acetate feedstocks, such as acetic acid and ethylene, as well as the demand for these industrial uses both affect price trends for vinyl acetate. The price trend of vinyl acetate may be impacted by any changes in demand for certain applications or disruptions in the supply chain.

Key Players:

  • Arkema Group
  • Celanese Corporation
  • DowDupont Inc.
  • Ineospec Inc.
  • Exxon Mobil Corporation

News & Recent Development

  • 2O October 2022: Asian Paints to invest Rs 2,100 crore to set up manufacturing facility for VAE and VAM- Asian Paints is all-ready to set up Vinyl acetate ethylene emulsion and vinyl acetate monomer manufacturing units in India. The company has proposed to invest approximately Rs 21,000 crore. VAE is an emulsion of future as it is a key ingredient for the manufacturing of environment-friendly paints. It has enhanced paint properties and better customer attributes.

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

Toluene Price Chart, Historical and Forecast Analysis | Procurement Resource

Toluene is a colourless, water-insoluble liquid with a sweet, pungent odour. It is also known as methylbenzene or phenyl methane. It is a volatile organic molecule that belongs to the chemical class known as aromatic hydrocarbons. Toluene is a petroleum byproduct that is primarily employed as a solvent in a wide range of industrial and consumer applications.

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

It is a colourless, combustible liquid with a sweet, strong odour. It has the chemical formula C7H8 and a molecular weight of 92.14 g/mol. It has a melting point of -95 °C (-139 °F) and a boiling point of 110.6 °C (231.1 °F). It has a density of 0.87 g/cm3 at room temperature and is insoluble in water but soluble in most organic solvents.

It is a volatile organic molecule with a low viscosity and surface tension. It is highly flammable and can generate explosive combinations with air. It has a flash point of 4.4 °C (39.9 °F) and an autoignition temperature of 535 °C (995 °F).

The top toluene-producing countries globally are the United States, China, South Korea, USA, Taiwan, and Japan.

Key Details About the Toluene 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 Toluene 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 Toluene Price trends, including India’s Toluene price, USA’s Toluene 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 Toluene Price Trend:

Many items, including paints, varnishes, adhesives, and inks, use toluene as a solvent. It is also used to make polymers and synthetic fibres.

It is a component of aviation fuels and is used as a fuel additive. It is a feedstock for the manufacture of benzene and other compounds. It is also utilised in industrial cleaning and degreasing.

Additionally, it is used as a frequent component of chromatography solvents and is used in the laboratory as a solvent for numerous organic substances.

Key Players:

  • Shell Chemicals
  • Reliance Industries Limited
  • China National Petroleum Corporation
  • Exxon Mobil Corporation
  • Valero Marketing and Supply Company

News and Events:

  • December 27, 2022: Officials from the Department of Factories inspected the accident site at Laurus Labs in JN Pharmacity in the Anakapalli district. According to preliminary results, the disaster could have been triggered by a leak of extremely flammable toluene solvent.

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

PTA (Purified Terephthalic Acid) Price Chart, Historical and Forecast Analysis | Procurement Resource

Purified Terephthalic Acid (PTA), a white solid, serves primarily as a commodity chemical in various industries. Its primary application lies in the production of versatile, high-performance plastics such as polybutylene terephthalate (PBT), polyethylene terephthalate (PET), polytrimethylene terephthalate (PTT), and certain types of bioplastics.

The manufacturing process of terephthalic acid involves utilizing p-Xylene as a key raw material. The Amoco method utilizes a cobalt-manganese-bromide catalyst to oxidize p-xylene, resulting in the production of terephthalic acid. Its chemical composition is represented by the formula C8H6O4, with a molecular weight of 166.13 g/mol.

Key producers of Purified Terephthalic Acid include China, Taiwan, South Korea, and India.

Request for Real Time PTA (Purified Terephthalic Acid) Prices: https://www.procurementresource.com/resource-center/pta-purified-terephthalic-acid-price-trends/pricerequest

Key Details About the PTA (Purified 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 PTA (Purified 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 PTA (Purified Terephthalic Acid) price trends, 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 PTA (Purified Terephthalic Acid) Price Trend:

Price-Trend-Image

The primary commercial applications of PTA (Purified Terephthalic Acid) that are impacting its price trend are the manufacturing of polyester coating resin for the usage of coil coatings, automotive, industrial maintenance, and formulation in metals. It is also employed in adhesives, lubricants, paints, coatings, and polyester fibres.

Key Players:

  • Reliance Industries Limited (RIL)
  • Saudi Basic Industries Corporation (SABIC)
  • Alpek S.A.B. de C.V.
  • BP p.l.c.
  • Eastman Chemical Company

News and Events:

  • October 2022: A memorandum of understanding was signed by Mitsui Chemicals, Inc., and Shell Eastern Petroleum (Pte) Ltd, a company with Singaporean registration, committing the two parties to the delivery of ethylene produced from plastic waste. Later, through its subsidiary Prime Polymer Co., Ltd., a Mitsui Chemicals Group company, the company produced chemically recycled polyethylene made from plastic waste.

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 track 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

Tryptophan Prices Today, Price Chart and Forecast Analysis | Procurement Resource

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

Tryptophan, an essential amino acid crucial for newborn growth and the body's protein, muscle, enzyme, and neurotransmitter production, is derived from food. There are two main types—L-tryptophan and D-tryptophan—with their primary difference lying in molecular orientation. Its significance extends to treating insomnia, behavioral issues, depression, stress, and premenstrual syndrome.

This amino acid is present in various proteins and serves as a precursor to serotonin, manufactured through fermentation. Tryptophan's chemical formula is C11H12N2O2, with a molecular weight of 204.22 g/mol.

Key tryptophan-producing countries include India, Indonesia, China, and Germany.

Key Details About the Tryptophan 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 Tryptophan 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 Tryptophan price trends, 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 Tryptophan Price Trend:

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Tryptophan plays a pivotal role in the healthcare sector, addressing conditions like insomnia and depression, thereby fueling market expansion. Its presence in dietary supplements promotes improved sleep, heightened serotonin levels for alleviating depression, anxiety reduction, and increased pain tolerance.

Additionally, Tryptophan supplementation supports a healthier sleep cycle and elevated serotonin levels, aiding in alleviating depression, reducing anxiety, and enhancing pain tolerance. Moreover, it's employed to boost vitamin B3 (niacin) production, crucial for liver treatment, DNA synthesis, and energy metabolism. Its widespread use in healthcare continues to propel industry growth.

Key Market Players:

  • Penta Manufacturing Company
  • Charkit Chemical Company LLC
  • Acros Organics

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

Glutaraldehyde Prices Today, Price Chart and Forecast Analysis | Procurement Resource

In the first quarter of 2023, the glutaraldehyde market faced supply-demand imbalances, driven by robust supply chains and weak overseas demand, particularly in Asia. Economic challenges and reduced international inquiries negatively impacted prices. The second quarter saw increased demand, limited supplies, and declining inventories but was marred by rising inflation and economic slowdown, posing challenges for glutaraldehyde prices.

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

Europe experienced price declines in both quarters, influenced by inflation, weak economic conditions due to the Russia-Ukraine crisis, and reduced raw material costs. North America grappled with bank failures, soaring inflation, and decreased consumer spending. While healthcare and water treatment briefly boosted prices, overall demand declined, affecting glutaraldehyde's price trend.

Definition

Glutaraldehyde is a chemical compound with the formula C5H8O2. It is a colorless and oily liquid with a pungent odor, known for its excellent biocidal properties. Glutaraldehyde is widely used as a disinfectant and sterilizing agent in healthcare, laboratory, and industrial settings. Its properties include strong antimicrobial activity against bacteria, viruses, and fungi. It is also an effective fixative, preserving biological specimens for research. Glutaraldehyde cross-links proteins and is used in various applications such as water treatment, leather tanning, and oil drilling. However, it should be handled with care due to its toxic nature and potential for irritation.

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

Glutaraldehyde serves multiple vital industrial roles. It is primarily employed as a powerful disinfectant and sterilizing agent in healthcare settings, ensuring the sanitization of medical equipment, including endoscopes and surgical instruments. The oil and gas industry utilizes glutaraldehyde as a biocide to control microbial growth in drilling fluids and pipelines. It finds application in water treatment to combat biofouling in industrial water systems. Additionally, glutaraldehyde is used in leather tanning to enhance the quality and durability of hides and skin. In laboratory research, it acts as a fixative for preserving tissues for histological and electron microscopy studies. However, its toxicity necessitates careful handling and adherence to safety guidelines.

Key Players:

  • UPICHEM
  • Grassland Agro
  • Whiteley Corporation
  • Dow
  • Finoric LLC
  • Lenntech B.V.
  • Hubei Jinghong Chemical Co.

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

Steel Rebar Prices Today, Price Chart and Forecast Analysis | Procurement Resource

Steel Rebar is a material that is a reinforcement device that is used in concrete or masonry structures. It is a tensioning device that is also used in metal craft activities. It improves the tensile strength of the concrete and helps to strengthen the whole structure. It is also known as reinforcement steel or reinforcing bar, which is used as a compression element that carries the load or axial compression in various constructional designs, including arches, pillars, walls, roofs, etc.

The concrete has high compressive capacity whereas low tensile strength. Steel Rebars handle the balance stress, while concrete holds the axial stress. It increases the capacity of the entire structure, which is why it is used largely in construction activities in the industrial and household sectors.

Request for Real-Time Steel Rebar Prices: https://procurementresource.com/resource-center/steel-rebar-price-trends/pricerequest

The key importing countries that import Steel Rebars are the United States, Vietnam, and Indonesia. On the other hand, the key exporting countries include Dominican Republic, Vietnam, and China.

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

Steel Rebar or reinforcing bars are steel bars that are used to improve the tensile strength of the masonry structure. It is primarily used in concretes that handle the axial stress of the large structure, while the bars used strengthen and handle the overall balance stress. Its applications can be seen in structuring big slabs, roofs, ceilings, pillars, walls, arches, sidewalks, and more.

Additionally, Steel Rebars are used to craft metal art pieces, which can be used as decorative installations. Rebars are used in making fences, railings, frames of small sheds, etc. It is used in the expansion and contraction joints at the runways, column spirals, and roads. Industrially, it is used for manufacturing and fabricating various steel materials. Stainless Steel Rebars are used for marine applications, as they are corrosion resistant. It is also associated with medical, aerospace, and defence sectors for manufacturing medical equipment and aircraft parts such as cabinets, engine parts, etc.

Key Players:

  • Nucor Corporation
  • ArcelorMittal S.A.
  • Tillos Group
  • Commercial Metals Corporation
  • Rajhi Steel Industries Co. Ltd.
  • Gerdau Long Steel

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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