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Benzal Chloride Price Trend and Forecast
Benzal Chloride Price Trend and Forecast
Benzal Chloride Regional Price Overview
Get the latest insights on price movement and trend analysis of Benzal chloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Benzal Chloride Price Trend for the First Half of 2023
Asia
In the Asia-Pacific market, the swindling cost of feedstock nitrotoluene, depreciating demand from the downstream industries, and persistently rising inventory levels pushed the price trend of benzal chloride towards a bearish trajectory in the first two quarters. In addition to this, the cost of upstream crude oil fall in the charges of freight further hampered the market sentiments of benzal chloride.
Benzal Chloride Price Chart
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The trading activities of the region also witnessed the ill consequences of slowing down of global markets, which also contributed significantly to keeping the prices of benzal chloride in the red zone.
Europe
The European dyes, pigments, and pharmaceuticals sector struggled with a steep fall in the number of sales that led to the lower procurement of benzal chloride. The investors and consumers also lowered their interest in this sector, which affected the overall functioning of benzal chloride in the first quarter.
The second quarter, on the other hand, was able to maintain a stagnancy in the prices with support from the downstream solvent sector. However, the declining construction and mining activities in the region prevented the growth of the benzal chloride price trend.
North America
Unlike the trajectory of benzal chloride in Europe and Asia Pacific, the trend of benzal chloride inclined during the first quarter of 2023 in North America. A significant contributor to this northward journey of benzal chloride prices was the rise in the cost of raw materials and downstream demand. The second quarter, however, showed mixed sentiments due to fluctuations in the consumption rates and feeble movement of the crude oil sector.
Analyst Insight
According to Procurement Resource, the price trend of Benzal chloride is expected to witness an oscillating trend. The prices will be dictated by the movement of feedstock materials and demand from the end-user industries.
Procurement Resource provides latest prices of Benzal Chloride. 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 Benzal Chloride
Benzal chloride exists in the form of a pale-yellow liquid with a definitive almond odor. It belongs to the family of acyl chloride and thus possesses an electrophilic carbonyl carbon making it a highly reactive compound. Its reactive nature enables it to act as a versatile intermediate in organic synthesis in the pharmaceuticals, fragrances, dyes, and polymers sector.
Benzal Chloride Product Details
| Report Features | Details |
| Product Name | Benzal chloride |
| Chemical formula | C7H6Cl2 |
| Industrial Uses | Pharmaceuticals, Perfumes and flavors, Dyestuff, Plastics and polymers, Photographic chemicals, Organic synthesis |
| CAS Number | 98-87-3 |
| Molecular weight | 161.03 g/mol |
| Supplier Database | Kao Corporation, Novo Nordisk pharmtech, Delta Chemsol, Dishman Carbogen Amcis Ltd, Ava Chemicals Private Limited , Neogen Corporation |
| 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.
Benzal Chloride Production Processes
In this process, the dichlorination of 2-nitrotoluene in the presence of dichloride monoxide results in the formation of benzal chloride as the major product.
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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