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Ferrocene Price Trend and Forecast
Ferrocene Price Trend and Forecast
Ferrocene Regional Price Overview
Get the latest insights on price movement and trend analysis of Ferrocene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Ferrocene Price Trend for Q1 of 2024
During the first quarter of 2024, the market for ferrocene faced challenges due to a slowdown in industrial activities and weak support from the Asian economy. Prices of key feedstock materials like iron chloride decreased which negatively impacted the ferrocene prices as well.
Ferrocene Price Chart
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Market conditions fluctuated due to changes in supply chains and demand from both local and international industries. Downstream sectors adopted a cautious approach, reflecting the overall sluggish market dynamics. The difficult geopolitical scenarios of the time were also pushing the price trajectory downwards. Multiple open war fronts at the same time are severely affecting regional connectivity. Moreover, the economic inflation in the key consuming regions is trembling the consumer sentiments immensely. Stakeholders have grown more and more cautious with their investments.
This trend was consistent in North America as well, where a decline in feedstock costs amidst dwindling consumption also affected product prices throughout the said span. Traders attributed this decline to high inventory levels and reduced demand from end-user industries. Furthermore, disruptions in the Red Sea, lower water levels in the Panama Canal, and congestion at regional ports also played a significant role in depressing ferrocene prices in America, prompting manufacturers to lower their price quotes.
Analyst Insight
According to Procurement Resource, the Ferrocene markets are projected to continue fluctuating in the coming months as well since the inventory pressure will take some time to subside.
Procurement Resource provides latest prices of Ferrocene. 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 Ferrocene
Ferrocene is a distinctive organometallic compound characterized by its sandwich-like structure comprising an iron atom between two cyclopentadienyl rings. It is notable for its stability and has a variety of applications, including its use as an antiknock agent in fuels to improve combustion efficiency. Ferrocene also serves as a catalyst in chemical reactions and a heat stabilizer in polymers and has applications in medicinal chemistry for its anticancer and antimalarial properties. Its stability and versatile chemical activity make it valuable across multiple industries.
Ferrocene Product Details
| Report Features | Details |
| Product Name | Ferrocene |
| Chemical Formula | C10H10Fe |
| Industrial Uses | Antiknock agent in fuels, Catalyst in chemical reactions, Radiation shield, Heat stabilizer in polymers, Medicinal applications (anticancer and antimalarial), Material science research, UV radiation absorber in sunscreens and plastics |
| Molecular Weight | 186.031 g/mol |
| CAS number | 102-54-5 |
| Supplier Database | Spectrum Chemical Manufacturing Corporation, Yixing Lianyang Chemical, TCI Chemicals India Pvt. Ltd, Hefei TNJ Chemical Industry Co. Ltd, Sisco Research Laboratories Pvt., Synthon Chemicals GmbH & Co. KG., Shandong Ench Chemical Co., 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.
Ferrocene Production Process
- Ferrocene Production by the Grignard reagent.
The chemical synthesis begins with the reaction between Grignard reagent and iron chloride. In this reaction, Grignard reagent, i.e., cyclopentadienyl magnesium bromide, is reacted with iron (II) chloride, resulting in the production of ferrocene as the end 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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