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Anthracene Price Trend and Forecast
Anthracene Price Trend and Forecast
Anthracene Regional Price Overview
Get the latest insights on price movement and trend analysis of Anthracene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Anthracene Price Trend for Q1 of 2024
Anthracene is a polycyclic hydrocarbon made up of three benzene rings fused together. This hydrocarbon is a crucial component for pigment and agriculture industries (pesticides, and fungicides). Thereby, the demands from these sectors determine the downstream pricing outlook for anthracene. Feedstock prices and other manufacturing costs influence the upstream pricing outlooks. Since anthracene is extracted via fractional distillation of coal tar, the price indices for both anthracene and coal tar show great similarities.
Anthracene Price Chart
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During the first quarter of the year 2024 as well, the market behavior exhibited similarities for anthracene and coal tar. Coal production has seen impressive increments in recent times. In India, the stockpiles surpassed 43 million tonnes; this resulted in a turndown of external cost pressure. The import volumes also took a hit. Concurrently, given this feedstock supply surplus, anthracene also felt the pressure. Suppliers started discounting the prices in order to sustain the product movement volumes. Some demand upticks momentarily pushed the prices up. However, the overall market sentiments remained downward, wavering for anthracene for the most part.
Analyst Insight
According to Procurement Resource, the Anthracene price trajectory is not likely to move up in the immediate future, however, the long term analysis suggests improvements going ahead.
Procurement Resource provides latest prices of Anthracene. 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 Anthracene
Anthracene is a solid polycyclic aromatic hydrocarbon (PAH) consisting of three fused benzene rings, forming a flat, plate-like structure. This compound is derived primarily from coal tar and is used extensively in the production of dyes, pigments, and the synthesis of other chemicals. Anthracene is also a key precursor in the manufacture of anthraquinone, which is pivotal in dye production. Additionally, it finds application in the electronics industry for making organic light-emitting diodes (OLEDs). Anthracene is known for its luminescence properties.
Anthracene Product Details
| Report Features | Details |
| Product Name | Anthracene |
| Chemical Formula | C14H10 |
| Industrial Uses | Chemical Manufacturing, Pharmaceuticals, Dye and Pigment, Electronics (particularly in organic light-emitting diodes, OLEDs), Pesticides, Paper Manufacturing |
| Molecular Weight | 178.229 g/mol |
| CAS number | 120-12-7 |
| Supplier Database | Merck KGaA, Tokyo Chemical Industry Co., Ltd., Santa Cruz Biotechnology Inc., Haihang Industry Co. Ltd. |
| 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.
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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