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Benzene Hexachloride (BHC) Price Trend and Forecast
Benzene Hexachloride (BHC) Price Trend and Forecast
Benzene Hexachloride Regional Price Overview
Get the latest insights on price movement and trend analysis of Benzene Hexachloride (BHC) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Benzene Hexachloride (BHC) Price Trend for Q1 of 2024
In the first quarter of 2024, benzene hexachloride (BHC) prices experienced varying trends across different regions due to multiple factors. In China, the BHC market witnessed a steady increase, fueled by heightened demand post-Lunar New Year and rising crude oil prices amidst limited supply.
Benzene Hexachloride (BHC) Price Chart
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This contrasted with the Indian market, which displayed fluctuations; prices initially dropped, then recovered and stabilized by the quarter's end. Europe saw an unstable BHC price trend due to limited trading activities and indefinite shutdowns of manufacturing plants, further impacted by fluctuations in crude oil prices and concerns about overseas imports.
In North America, BHC prices rose sharply due to constrained supply chains. Benzene hexachloride (BHC), particularly in its gamma-isomer form known as lindane, is a crucial compound for pesticide and pharma industries. Thereby, the downstream consumption pushed the prices up, which was further exacerbated by maintenance shutdowns at key petrochemical plants due to adverse weather, aligning with a global increase in petrochemical production and inventory restocking activities around the New Year holidays.
The price movements in all regions were also influenced by the prices of benzene, the primary feedstock for BHC. A bullish trend in the benzene markets also stimulated the price growth for BHC by raising its upstream costs.
Analyst Insight
According to Procurement Resource, Benzene Hexachloride prices are likely to continue regional variations in the coming months. Globally, political and economic uncertainties will play a huge role in shaping the industrial outlooks.
Procurement Resource provides latest prices of Benzene Hexachloride. 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 Benzene Hexachloride
Benzene hexachloride, also known as hexachlorocyclohexane (HCH), comprises several isomers, among which gamma-HCH (lindane) is the most notable due to its pesticidal properties. It is a synthetic chemical used primarily as an insecticide in agriculture to control pests on crops and in public health to eradicate lice and scabies. Despite its effectiveness, concerns over environmental persistence, toxicity, and potential health risks have led to restrictions and bans in many countries, steering usage towards more regulated applications in public health and veterinary contexts.
Benzene Hexachloride Product Details
| Report Features | Details |
| Product Name | Benzene Hexachloride (BHC) |
| Chemical Formula | C6Cl6 |
| Industrial Uses | Agriculture, Pharmaceuticals, Public Health (for controlling vector diseases like malaria), Veterinary Industry (as a pesticide in animal treatments), Wood Preservation, Textiles |
| Molecular Weight | 284.80 g/mol |
| CAS number | 118-74-1 |
| Supplier Database | Lanxess AG, Nippon Light Metal Holdings Company Ltd., Shanghai Xinglu Chemical Technology Co. Ltd, Valtris Specialty Chemicals, Hubei Phoenix Chemical Company Limited, Benzo Chem Industries Pvt 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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