During the first half of 2023, benzotrichloride prices experienced fluctuations in Asia, Europe, and North America. In Asia, the first quarter saw an uptick in prices due to China’s revived production sector and increased demand from the polymer industries after COVID-19 restrictions were lifted. However, in the second quarter, prices turned bearish as new inquiries from the downstream sector declined. In Europe, the price trend fluctuated frequently, driven by shifts in demand and crude oil costs. Efficient supply chains in the first quarter maintained positive trade sentiments, while an increase in production and declining crude oil prices negatively impacted prices in the second quarter. In North America, prices oscillated with weak momentum, influenced by crude oil price movements, inflation, and increased competitiveness from Asian imports, leading to reduced domestic price quotations.
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Definition
Benzotrichloride is a chemical compound with the formula C6H5CCl3. It is a colorless to pale yellow liquid with a pungent odor. This versatile compound is primarily used as a reagent in various chemical reactions, particularly in the synthesis of other organic compounds. It can introduce the benzyl group into molecules, making it valuable in the production of pharmaceuticals, dyes, and plastics. Benzotrichloride is also employed in the creation of agrochemicals and as a starting material in chemical manufacturing. Due to its reactivity and potentially hazardous nature, it is handled with care in controlled industrial and laboratory settings.
Key Details About the Benzotrichloride 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 Benzotrichloride 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 Benzotrichloride Price trend, including India Benzotrichloride price, USA Benzotrichloride 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 Benzotrichloride Price Trend:
Benzotrichloride, a valuable chemical reagent, finds diverse industrial applications. Its primary use lies in organic synthesis, where it serves as a crucial building block for the production of various organic compounds, including pharmaceuticals, dyes, and plastics. The compound plays a pivotal role in the pharmaceutical industry, aiding in the synthesis of active pharmaceutical ingredients (APIs) and other drug-related compounds. It is also utilized in the creation of agrochemicals and agro-related products. Additionally, benzotrichloride is employed in chemical manufacturing, particularly for the production of specialty chemicals and intermediates. Its versatility and reactivity make it an essential component in multiple industrial processes, although its handling requires stringent safety measures.
Key Players:
- INEOS
- Nippon Light Metal Company
- Gaoyou Gaoyuan Auxiliary
- Gwalior Chemical Industries
- Jiangsu Jiamai Chemical
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