2,5-Furandicarboxylic Acid Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of 2,5-Furandicarboxylic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa

2,5-Furandicarboxylic Acid Price Trend for H1 of 2023

In the first two quarters of 2023, the price trend of 2,5-Furandicarboxylic acid saw an upward trajectory. The trend of 2,5-Furandicarboxylic acid is majorly affected by the prices of feedstock material, i.e., sugarcane. In Asia, particularly in India, the government imposed a hike in the FRP prices of sugarcanes and its related commodities in the second quarter of 2023, which increased the upstream costs. These high costs of raw materials further boosted the economy of the 2,5-Furandicarboxylic acid market.

2,5-Furandicarboxylic Acid Price Chart

2,5-Furandicarboxylic Acid Price Trends


Please Login or Subscribe to Access the 2,5-Furandicarboxylic Acid Price Chart Data
 

In addition to this, the prices were also supported by the slow movement of the sugar industry as the production rates fell during the months of March and April. The decline in production rates was not only seen in the Asian continent but also Europe. The uncertainties in the global market and rising inflation rates drove the cost of production, influencing the price trend for  2,5-Furandicarboxylic acid heavily.

Analyst Insight

According to procurement resources, the price trend of 2,5-Furandicarboxylic acid is expected to incline as the prices of raw material sugar and related items seem to follow a bullish trend.

2,5-Furandicarboxylic Acid (FDCA) Price Trend for H2 of 2022

Asia

The 2,5-Furandicarboxylic Acid market witnessed a fluctuating price trend in H2 2022. The second half started with a stagnant market outlook. The price trend for 2,5-Furandicarboxylic Acid closely mimicked that of its feedstock sugar/sugarcane. As the Chinese government lifted the covid restrictions, the supply chains resumed leading to the normalisation of trade. This led to a decline in the prices of 2,5-Furandicarboxylic acid amid erratic demand. But as Q4 arrived the rapid offtakes overpowered the supply resumptions and prices started hovering with a little upward inclination.

Europe

The economic backlash in the European region negatively affected the consumption patterns of the consumers thereby, leading to demand destruction. Hence, the prices of almost all the commodities declined in H2 due to lowered/feeble offtakes. However, the opening of supply chains and decongestions of ports provided the much-needed respite, but no simultaneous effect on the market demand was seen. The sullen demands kept the FDCA price trend on a lowered trajectory.

North America

The North American market replicated the Asian trend for FDCA prices. The sugar prices had an almost flattened curve and wavered on the lower side. Sufficient supply and lowered demand caused the FDCA prices to decline.

Analyst Insight

According to Procurement Resource, the price trend for FDCA are expected to rise in the coming quarter considering the current market dynamics. The demand for FDCA is expected to rise, but the fluctuating feedstock prices and availability will determine the future course of the market trend.

2,5-Furandicarboxylic Acid Price Trend For H1 of 2022

Asia

2,5-Furandicarboxylic Acid is obtained via the dehydration of sugars like glucose and sucrose.

Sucrose crystals are obtained organically from sugarcane. During the first quarter, owing to the robust demand from the sugar and ethanol industries, the prices of sugarcane and thus sugar soared. Also, India individually met the demand for sugar globally due to the reduced production from the Latin states and supply chain constraints amid the ongoing conflict.

Maharashtra had a bumper harvest season this year and exceeded the quotas drastically, leading to market stockpiling. Hence, the Indian government allowed the mills to export more than the permitted amounts to prevent losses. The lowered prices of feedstock sugars weakened the price trend of 2,5-Furandicarboxylic Acid.

Europe

In line with the Asian market, sugar prices remained strong during the first quarter due to solid downstream demand and supply-side shortages. However, the prices stabilized in the second quarter because of the increased imports from the sugar exporting nations which led to the stockpiling of the product in the local markets.

North America

During the start of the current year, the sugarcane and thus the sugar prices soared throughout the domestic market. The poor harvest due to the severe climatic conditions and the reduced exports from Brazil and Mexico resulted in the inflated costs of sugars.

However, during the second quarter, the prices of sugars plateaued and stabilized due to mixed market sentiments. The price of glucose syrup averaged 948.20 USD/MT.

Procurement Resource provides latest prices of 2,5-Furandicarboxylic Acid. 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.

Platform Sample

Please Login or Subscribe to explore our dashboard.

About

This chemical belongs to the class of organic chemical compounds containing a central furan ring and two carboxy groups at 2 and 5 positions. Despite its chemical stability, it undergoes all the typical reactions characteristic of carboxylic acids. Scientists described FDCA as a renewable building block as it can be easily obtained from carbohydrates like sucrose and is one of the priority chemicals in Green Chemistry. It can easily substitute terephthalic Acid giving rise to green polymers.

Product Details

Report Features Details
Product Name 2,5-Furandicarboxylic Acid
HS Number 2918.99.4700
CAS Number 3238-40-2
Industrial Uses Polyamides, Plasticizers, Polyesters, Green Chemicals, Biopolymers
Chemical Formula C6H4O5
Synonyms Furan-2,5-dicarboxylic acid, Dehydromucic Acid, 2,5-dicarboxy furan, FDCA
Molecular Weight 156.093 g/mol
Supplier Database Avantium N.V, Ningbo Biomass & Biotechnology Co, AVALON Industries AG, Chemsky (Shanghai) International Company Limited, Alfa Aesar GmbH & Co KG
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.

Production Processes

  • Production of 2,5-Furandicarboxylic Acid from Sucrose; from Furan Method

In the Furan method, glucose is treated with GVL: H2O solvent solution to produce HMF (hydroxymethylfurfural). The intermediate is then extracted with water in the presence of An/TiO catalyst and NaOH to obtain FDCA.

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).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients

client-image

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.