Yellow Phosphorus Price Chart, Historical and Forecast Analysis | Procurement Resource
The prices in the Asian Yellow Phosphorus market were unsteady, influenced by changing demands from downstream industries and surplus inventories. Lower freight charges and dropping crude oil prices brought down production costs. Meanwhile, in Europe, prices decreased due to sluggish demands from downstream sectors and falling costs of raw materials. During Q1, market trends were erratic due to port congestion, but by Q2, prices plummeted following the resolution of freight problems. In North America, there were mixed price sentiments due to differing demands from the fertilizer and electric vehicle sectors.
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Definition
Yellow Phosphorus is a highly reactive and toxic non-metallic chemical element with the symbol “P” and atomic number 15. It exists as a waxy, yellow solid at room temperature and is known for its flammable and luminous properties. It is primarily used in the production of various phosphorus-based chemicals, matches, and fertilizers. Due to its reactivity, handling Yellow Phosphorus requires caution and proper safety measures.
Key Details About the Yellow Phosphorus Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Yellow Phosphorus in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Yellow Phosphorus Price trends, including India Yellow Phosphorus price, USA Yellow Phosphorus price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Yellow Phosphorus Price Trend:
Yellow Phosphorus holds immense value in diverse industries. It plays a pivotal role in crafting phosphorus-derived chemicals like phosphoric acid and phosphates, crucial in fertilizer manufacturing. Moreover, it’s an essential element in creating matchsticks, offering the needed friction to ignite them. In the realm of technology, it serves as a cornerstone in the semiconductor industry, aiding in the creation of microchips and various electronic devices.
Key Players:
- Guizhou Qianneng Tianhe Phosphorus Industrial Co., Ltd.
- Sichuan Chuantou Electrometallurgy Co.,Ltd (CTEC)
- Kazphosphate LLC (Taraz)
- Filo Chemical B.V.
- Excel Industries Ltd
- Prasol Chemicals Pvt. Ltd.
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