Chlorophenol Price Trends and Forecast

Chlorophenol Regional Price Overview

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

Chlorophenol Price Trend for Q1 of 2024
 
During the first quarter of the year 2024, chlorophenol prices were observed to fluctuate between confined limits with occasionally upward and downward-facing trends. These market trends showcased a close resemblance to the primary feedstock materials phenol and chlorine. Since chlorination of phenol yields chlorophenol, the prices for the latter are usually dependent on the rates of its raw materials. The general trend in the phenol market was inclined and in the chlorine market was stable, the chlorophenol’s price trajectory was relatively tepid.
 

Chlorophenol Price Chart

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Cleaning, disinfectants, and preservative industries are the primary consumers of the chlorophenol industry, thereby, their demand patterns also influence the selling rates for chlorophenol. During the said period, chlorophenol consumption from these downstream sectors was also very average. Conclusively, suppliers became cautious with procurement and acquired a wait-and-watch approach.

This helped the global chlorophenol markets sustain their momentum. Trade disruptions in the international markets, with spurring logistical challenges amidst growing geopolitical uncertainties, pushed back the market growth for chlorophenol. As a result, chlorophenol prices were mostly in a tugged situation for the majority of the said time period. And thereby, a wavering price trajectory was witnessed.

Analyst Insight

According to Procurement Resource, the market projections exhibit a moderate performance going forward too, however, different regional trade dynamics will play a huge role in maneuvering the price trajectories.

Procurement Resource provides latest prices of Chlorophenol. 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.