Chlorobenzene Price Trends and Forecast

Chlorobenzene Regional Price Overview

Get the latest insights on price movement and trend analysis of Chlorobenzene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Chlorobenzene Price Trend for the Q1 of 2024
 
Since the catalytic chlorination of benzene is the most viable industrial production method for chlorobenzene, the price trend for chlorobenzene is greatly dependent on the regional and global market situation of both its feedstock materials, chlorine, and benzene. During the first quarter of the year 2024, the prices were mostly driven by the bullish nature of benzene prices in the international markets.
 

Chlorobenzene Price Chart

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The majority petrochemical sector was, in turn, driven by the dramatic surge in the crude oil market prices in a similar manner. Some counterbalance was being provided by the regular demands and borderline stability in the chlorine markets. The Asian markets exuded some hope, especially in the latter phase of the quarter, as the suppliers tried to work around global trade and freight uncertainties.

The European region continued to struggle because of the long-stretched Russian war. At the same time, the Israeli war was also unleashed. These geopolitical advances curtailed the shipping routes. These regional dynamics highlighted a period marked by varying demand, supply constraints, and external economic factors impacting the global chlorobenzene market.

Analyst Insight

According to Procurement Resource, the Chlorobenzene prices are expected to be confined in the coming months. Prices are likely to remain wavering within narrow limits going forward as well.

Procurement Resource provides latest prices of Chlorobenzene. 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.