Product
Anisole Price Trend and Forecast
Anisole Price Trend and Forecast
Regional Market Overview
Get the latest insights on price movement and trend analysis of Anisole in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Anisole Price Trend for the H1 of 2023
Asia
A declining trajectory in the price trend of anisole was observed in the first two quarters of 2023. The market was influenced by the high level of inventories and weak demand from agrochemicals, fragrances, and other related industries. In addition, the dynamics of the domestic market in the first two quarters were also weak, and the onset of the Lunar holidays in China region restricted the supply chains, which had a cumulative effect in declining the prices of anisole.
Europe
The market trend observed in the Asia Pacific region was mirrored in Europe. The prices of anisole here also faced the challenges raised by a rise in inventory levels and weak performance of the downstream industries. Due to this, the manufacturers had to cut their production rates, and with the slow demand from the domestic and overseas industries, the trend of anisole nosedived in the European region.
North America
The North American market was also not much different from the European and Asia Pacific region. The prices of anisole here also suffered from the slow demand from the dyes and pesticide industries. The market activities in the domestic region improved slowly after the holiday season, but the reduction in offtakes and a number of inquiries, along with feeble industrial movements, led to the weakening of the market for anisole.
Analyst Insight
According to Procurement Resource, the price trends for anisole are expected to remain unsettled in the coming quarter. The demand from the downstream sectors and the rising inventory levels will likely impact the anisole market.
Procurement Resource provides latest prices of Anisole. 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.
About
Anisole is an aromatic organic compound with chemical formula C7H8O that has a nice and pleasant odor. It is frequently employed as a solvent in numerous industrial processes, as a flavoring and aroma component in cosmetics and culinary items, and as a chemical synthesis intermediate. Additionally, it can operate as a monomer in polymerization processes. Agrochemicals and pharmaceuticals also use anisole as a raw material.
Product Details
| Report Features | Details |
| Product Name | Anisole |
| Chemical Formula | C7H8O |
| Industrial Uses | Solvent, Laboratory reagent, Organic synthesis, Pesticide and insecticide, Polymers |
| HS Code | 29093090 |
| CAS Number | 100-66-3 |
| Molecular Weight | 108.14 g/mol |
| Synonyms | Methoxybenzene, Methyl phenyl ether |
| Supplier Database | Solvay SA, Westman Chemicals Pvt Ltd, Benzo Chem Industries Pvt Ltd, Huaian Depon Chemical Co Ltd, Clean Science and Technology Private Limited |
| 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
Methanol and phenol are subjected to methylation via vapor phase technique. This process is carried out in alumina activated catalyst in fixed bed reactors.
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).
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