Nitrobenzene Prices Today, Price Chart and Forecast Analysis Provided by Procurement Resource

Nitrobenzene Prices Today, Price Chart and Forecast Analysis Provided by Procurement Resource

In Asia, the dawn of 2023 brought about market rejuvenation as downstream industries sparked inquiries and increased production to meet demands, further aided by the Lunar New Year. Nitrobenzene prices surged initially, yet as inventory levels escalated and demands waned, prices slid downwards.

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Europe experienced akin trends due to soaring inflation and energy costs propelling prices upwards initially, followed by demand declines amidst economic challenges, leading to price descent. Similarly, North America encountered fluctuating prices mirroring downstream demand shifts.

Definition

Nitrobenzene is a chemical compound with the molecular formula C6H5NO2. It is a pale-yellow oily liquid with a distinct odor. Used primarily as an intermediate in the production of aniline and other chemicals, it has applications in industries including pharmaceuticals, dyes, pesticides, and explosives due to its versatile chemical properties.

Key Details About the Nitrobenzene 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 Nitrobenzene 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 Nitrobenzene Price chart, including India Nitrobenzene price, USA Nitrobenzene 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 Nitrobenzene Price Trend:

The Nitrobenzene Price Trend holds significant importance across diverse industries, playing a crucial role as a precursor for aniline, a key compound in dye manufacturing. Furthermore, Nitrobenzene, with its associated Price Index and Prices, is integral in the production of pharmaceuticals, pesticides, and explosives. Its versatility extends to the synthesis of chemicals vital for electronics and plastics sectors.

Key Players:

  • BASF SE
  • The Chemours Company (DuPont)
  • Covestro AG
  • Huntsman International LLC
  • Wanhua

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.

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