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
For the First Half of 2022
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 trends of 2,5-Furandicarboxylic Acid.
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.
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.
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 Name||2,5-Furandicarboxylic Acid|
|Industrial Uses||Polyamides, Plasticizers, Polyesters, Green Chemicals, Biopolymers|
|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.
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.
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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