Product
Allyl Alcohol Price Trend and Forecast
Allyl Alcohol Price Trend and Forecast
Regional Price Overview
ice movement and trend analysis of Allyl Alcohol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the Second Quarter of 2022
Asia
The price of allyl alcohol soared during the first quarter owing to the booming demand from the personal care and detergent industries. The supply constraints and trade bottlenecks also influenced these heightened prices. With the Indonesian government banning the exports of feedstock palm oil huge void was created in the market, and Malaysian exports could not keep up with the same.
This caused the prices to rise further in the second quarter. However, soon the export ban was lifted; with the arrival of palm oil in the market, the price trends of allyl alcohol weakened.
Europe
In line with the European market, the allyl alcohol prices soared during the first quarter and stabilized towards the end of the second quarter. With the shortages of feedstock palm oil and the trade bottlenecks in the Black Sea, the prices worsened in the domestic market. The cost of feedstock palm oil averaged 2534.15 USD/MT during the first half of 2022.
North America
The US domestic market registered a fluctuating trend during the year's first half. The prices initially soared due to high power costs and feedstock shortages but soon recovered owing to the robust market sentiment. However, the healthy downstream demands soon fizzled out because of the abnormal inflation level and speculation of a global recession.
The price of feedstock palm oil averaged 3411.83 USD/MT in January 2022, then dropped to 2004.25 USD/MT towards the end of the first quarter. The prices averaged around 4106.36 USD/MT in the US domestic market in the second quarter.
Procurement Resource provides latest prices of Allyl Alcohol. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Allyl Alcohol in appearance, is a clear colourless liquid with a mustard-like odour. Its flash point is 21oC (70°F). It is less dense than water (7.1 lb / gal) and its vapours are heavier than air. It is the smallest representative of the allylic alcohols and is a water-soluble compound like many alcohols.
Product Details
| Report Features | Details |
| Product Name | Allyl Alcohol |
| Industrial Uses | Laboratory chemicals, Chemical intermediate and precursor, Production of glycerol and esters , Allyl compounds , Resins, Pesticide, Food additive |
| Chemical Formula | C3H6O |
| Synonyms | 2-Propen-1-ol, 3-Propenol, Pro-2-en-1-ol, Vinylcarbinol |
| Molecular Weight | 58.08 g/mol |
| Supplier Database | LyondellBasell Industries Holdings B.V., RX Marine International, Dairen Chemical Corp, Acros Organics, Central Drug House |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Process
- Production of Allyl Alcohol via Allyl Chloride; and via Propylene
The production of Allyl Alcohol from allyl chloride utilises the process of hydrolysis. Allyl chloride is hydrolysed to form the desired product and this method is widely utilised by the Olin and Shell corporations.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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