Azo(bis)formamide is made by treating urea with hydrazine to produce biurea in two stages. Urea, being one of the key feedstocks, drives azo(bis)formamide prices as well. The price of upstream coal was raised significantly while that of liquefied natural gas declined little, and cost assistance was widespread. The compound fertiliser factory and plate plant began operations following the Winter Olympics, and bargain hunting was pursued. The average price of urea during the quarter was at 2900 RMB/MT.
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Procurement Resource provides prices of Azo(bis)formamide for several regions around the globe, which are as follows:
Azo(bis)formamide is a crystalline powder that is yellow to orange-red in colour and belongs to the azo compound family of chemical compounds. It is made by replacing both hydrogens in diazene with hydrocarbyl groups. It's frequently utilised in the fabrication of foamed plastic yoga mats. It's also utilised as a flour bleaching agent and a dough conditioner.
In this two-step process, hydrazine is first reacted with urea to form hydroazodicarbonamide. The hydroazodicarbonamide produced is then oxidised with chromic acid or chlorine, resulting in the formation of azo(bis)formamide.
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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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