Copper Oxide Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Copper Oxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Copper Oxide Price Trend for Q1 of 2024
Copper oxide prices exhibited slight variation throughout the said period of the first quarter of the year 2024. Regionally too, some differences were seen in the pricing outlooks of copper oxide. In the Asian markets, particularly India and China, the quarter began on a slightly weaker note.
Copper Oxide Price Chart
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The inventories were already bulked up from the beginning since the previous year concluded at high-ending stocks. Therefore, the early days of the discussed period were relatively gloomy for copper oxide suppliers. The prices were mostly found to be wavering at the lower end of the curve in the first half of the said quarter of 2024. Manufacturers restricted production or limited capacity utilizations, to manage the margins via upstream factors.
Steadily, as the available quantities were limited in the global markets and the inflation increased, copper oxide prices finally started to improve around the terminal phase of Q1’24. In the European markets, the dwindling pattern of downstream demands has already kept the markets challenged. The American markets were also not very different since the trade difficulties around the world, directly and indirectly, affected American trends. Thereby, a confined price trajectory was witnessed for copper oxide during the concerned span.
Analyst Insight
According to Procurement Resource, short-term market analysis suggests a continuation of similar trends in the copper oxide market going forward. With occasional ups and dips, the prices are likely to remain consolidated.
Procurement Resource provides latest prices of Copper Oxide. 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.
Copper oxide is a chemical compound composed of copper and oxygen atoms. It exists in two main forms: cupric oxide (CuO) and cuprous oxide (Cu2O). Cupric oxide is black in color, while cuprous oxide is reddish-brown. Both forms have diverse applications, including as pigments in ceramics and paints, as catalysts in chemical reactions, and as a fungicide in agriculture. Additionally, copper oxide is utilized in electronics for its semiconducting properties and in metallurgy for metal extraction and purification processes, highlighting its significance across various industries.
Report Features | Details |
Product Name | Copper Oxide |
Industrial Uses | Electronics, Ceramics, Chemicals, Agriculture (as a fungicide), Metallurgy, Paints and Coatings, Glass Manufacturing |
Synonyms | Cupric Oxide |
CAS number | 1317-38-0 |
HS Code | 282550 |
Supplier Database | Inframat Corporation, Hongwu International Group Ltd, NaBond Technologies Co., Limited, NANOCOMPOSIX, INC., Nanoshel LLC, Nanostructured & Amorphous Materials, Inc., PlasmaChem GmbH, SkySpring Nanomaterials, Inc |
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.
Copper oxide is industrially prepared by the redox reaction of copper (II) oxide. The reaction is carried out in a large furnace, where copper (II) oxide undergoes a redox reaction in the presence of elemental copper, which results in the production of copper oxide and oxygen gas as the end products.
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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