Procurement Resource Evaluates the Price Trends of Acetylene in its Latest Insights and Dashboard
Price Trends of Acetylene in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acetylene price 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; customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Acetylene can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
The simplest and best-known member of the hydrocarbon series, acetylene, sometimes referred to as ethyne, is made up of one or more pairs of carbon atoms connected by triple bonds. The series of acetylenic, often known as alkynes, is this series. It is a colorless, flammable gas that is frequently used as a fuel in metal-cutting and oxyacetylene welding procedures as well as a primary component in the synthesis of a wide range of organic compounds and plastics.
Also Check Acetylene Production Cost Report – https://www.procurementresource.com/production-cost-report-store/acetylene
Regions Covered to Evaluate Acetylene Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Acetylene Price Trend:
Over the last few centuries, the world’s industrial output has multiplied. The industrial sector contributes significantly to the country’s GDP. Any industrial project needs iron and steel as its fundamental building blocks. To fully utilise these materials, welding operations are necessary. As a result, their use should increase in the future, growing the acetylene gas market concurrently. However, more effective alternatives have recently supplanted acetylene gas welding and are balanced by how simple it is to consume natural gas, which should guarantee consistent market expansion over the next few years.
Key Market Players:
- BASF SE
- Gulf Cryo
- Linde
- Praxair Technology Inc.
- SINOPEC
- Chengdu Xinju Chemical Co. Ltd.
News and Events:
Because of the significant declines in the LME and the global markets for chemicals and mining metals, the proposals were consistently rejected, and FOB Midwest (USA) discussions for calcium carbide powder decreased by 7.37 percent over the quarter, with prices finally agreed upon at 1130 USD/MT in December 2021.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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