Trichlorfon Price Trend and Forecast

Trichlorfon Regional Price Overview

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

Trichlorfon Price Trend for the Second Half of 2024

Asia

In the second half of 2024, trichlorfon prices in the Asian market continued to follow a fluctuating pattern, largely influenced by the agricultural sector's demand. The downstream market remained moderate but varied across regions due to differing planting and harvesting cycles.
 

Trichlorfon Price Chart

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Periodic supply chain challenges contributed to price variations, as manufacturers adjusted to changing raw material costs. Towards the end of the year, market uncertainties led to further oscillations, keeping prices within a controlled range.

Europe

The European trichlorfon market exhibited price fluctuations throughout H2'24. As summer progressed into autumn, agricultural activity spurred intermittent demand increases, but external factors constrained market stability. Supply chain disruptions, including ongoing delays in global shipping routes and increased freight costs, continued to impact production expenses. The geopolitical situation in key trading regions also influenced the price movements, contributing to periodic volatility in the market.

North America

The North American trichlorfon market mirrored global trends, experiencing price oscillations throughout H2'24. Freight rate instability and persistent logistical disruptions, including continued restrictions in major shipping channels, played a crucial role in market fluctuations. Demand from the agricultural sector remained variable, shifting in response to seasonal planting cycles. Despite these changes, the overall price trend remained volatile, shaped by both regional and international market influences.

Analyst Insight

According to Procurement Resource, given the current trade dynamics not much change is anticipated in the trichlorfon prices going forward as well.
 

Trichlorfon Price Trend for the First Half of 2024

Asia

In H1'24, trichlorfon prices in the Asian market followed a fluctuating trend, largely influenced by variations in the downstream agricultural sector. Trichlorfon, an organophosphate insecticide, is widely used for pest control and insect infestation management. The demand from the agricultural sector remained moderate overall but varied regionally, depending on the planting and harvesting seasons of different crops. Despite periodic fluctuations, prices remained within a stable range, shaped by changes in agricultural demand.

Europe

Trichlorfon prices in the European market exhibited volatility throughout H1'24. Initially, demand remained subdued due to severe winter conditions and heavy snowfall, which delayed planting activities. However, as spring arrived, demand improved. The market also faced external challenges that influenced price movements. The Red Sea crisis disrupted global supply chains, as shipping routes were altered to avoid attacks, leading to shipment delays and increased freight costs. This, in turn, raised manufacturing expenses, further contributing to price fluctuations.

North America

The North American trichlorfon market reflected global trends, showing significant price fluctuations in H1'24. Trade route disruptions, including the drying of the Panama Canal and rising freight costs, placed additional pressure on prices. These logistical and supply challenges hindered the smooth movement of goods, causing intermittent price oscillations. Overall, the market experienced an unstable pricing environment, shaped by both regional and international factors.

Analyst Insight

According to Procurement Resource, the prices of trichlorfon are expected to witness an oscillating trajectory influenced by the fluctuations in demand. Also, some temporary logistical challenges due to bad weather conditions, such as heavy rains in Asia and hurricanes in North America, might hamper the supply in the short term.
 

Trichlorfon Price Trend for the Second Half of 2023

Asia

The feedstock materials registered a remarkable incline during the third quarter which exerted a positive influence on the trichlorfon price trend also. The inclination in the cost of production, along with a smaller number of import shipments arriving at Asian ports with suitable demand, all worked synergistically in keeping the prices of trichlorfon in the northward direction.

The demand from the fertilizer sector also witnessed a noticeable improvement as the manufacturers anticipated a rise in the sales figures in the sowing season. However, the delay due to adverse weather conditions lowered the trajectory of trichlorfon prices in the fourth quarter.

Europe

After a mild start in the third quarter of 2023, the price trend of trichlorfon witnessed a significant uptick in its prices as the influx of Chinese imports raised the bar of prices. The European fertilizer sector is heavily dependent on imports from Asian countries, and with a hike in demand and depleting inventory levels, the trichlorfon price trend inclined forward. But this momentum of the market was not carried forward in the fourth quarter and prices began to decline. The most significant cause of this downfall was the slower movement of the downstream industries and the contraction in the number of orders from the overseas industries.

North America

With a notable incline in the trichlorfon price trend, the North American market was able to close the third quarter of 2023 on a positive note. The rise in the market dynamics was also fueled by the rapidly declining inventory levels and inadequate functioning of the supply chains. However, similar to the Asian and European countries, the prices of trichlorfon began to decline in the fourth quarter as the primary market drivers were insufficient in terms of supporting the trichlorfon price trend.

Analyst Insight

According to Procurement Resource, the price trend of Trichlorfon is estimated to follow the trail of the downstream fertilizer industries and global trading activities.
 

Trichlorfon Price Trend for the First Half of 2023

Asia

In the Asia-Pacific region, the first two quarters of 2023 witnessed a spike in the price trend of trichlorfon as the cost of feedstock materials surged in the region. This rise in the prices was a direct result of the support from the downstream industries and the renewal of market activities in the Asia-Pacific region. However, the trend did not sustain for as long as in the second quarter; the rising market momentum was hit by the lowering of production costs and the gradually declining interest of consumers in the market. In addition to this, the supply chains remained strong, and thus, the oversupply of trichlorfon in the region ultimately caused the decline in its prices.

Europe

In Europe, the trichlorfon market witnessed fluctuations throughout the first quarter. Initially, the rise in prices was supported by the rising cost of feedstock phosphonate as its demand from downstream industries surged.

The interest of domestic and international buyers also increased, but the shadows of inflation and the high possibility of recession proved to be a problem in the growth trajectory of the trichlorfon price trend. In the second quarter, the market activities of the feedstock materials slowed down, and along with the declining freight charges, the price trend of trichlorfon also slipped.

North America

In the first quarter of 2023, the price trend of trichlorfon followed a positive trajectory with the help of surging demand and positive movements in the feedstock markets. Even in the secondary quarter, the price trend remained stable, contrary to what was seen in the European and Asia Pacific regions. The cost of feedstock materials increased due to its applications in several industries, and with that, the prices of trichlorfon also surged.

Analyst Insight

According to Procurement Resource, the price trend of Trichlorfon is estimated to showcase a mixed trajectory as the market dynamics of feedstock materials seem to guide the future prices of trichlorfon.
 

Trichlorfon Price Trend for the Second Half of 2022

Asia

The trichlorfon market was deeply affected by the fluctuating prices of its feedstock. The prices fluctuated in the Asia-Pacific market due to the cuts in operational rates and uncertainties in the supply-demand equilibrium in the region. The monsoon season in the third quarter negatively impacted the demand from both domestic and international buyers. Ample supplies and trade disruptions due to rising covid cases further caused the decline in the prices of phosphonates and in turn, negatively impacted the price trend for trichlorfon.

Europe

A fluctuating price trend for trichlorfon was observed in the European region. The prices suffered from the rise in inflation, soaring interest rates, and limited imports of feedstock materials. The operation costs were also hit by the restrictions imposed by the European region over the import of energy materials from Russia. In the fourth quarter, due to a lack of competitiveness, uncertainties in the economic outlook of the region, and falling demand from the cleaning and water treatment industries negatively affected the trichlorfon prices.

North America

The North American region also recorded an oscillating trend as the demand from the domestic market reduced and the region witnessed a reduction in operating units. The ripple effects of limitations on trade with China, weak support from feedstock materials, and dull buying potential due to the monsoon season, all adversely affected the trichlorfon market.

Analyst Insight

According to Procurement Resource, the price trend for Trichlorfon are expected to showcase mixed sentiments in the upcoming quarter. The prices of feedstocks along with the rising inflation and uncertainties in the global market are likely to impact the trichlorfon price trend the most.

Procurement Resource provides latest prices of Trichlorfon. 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.