Get the latest insights on price movement and trend analysis of Benzyl Nitrile in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Benzyl Nitrile Price Trend for the H1 of 2023
Benzyl Nitrile prices flowed with the price patterns of feedstock Benzyl Chloride and metal cyanide. Market prices remained mixed for most of the said period. Prices observed bearish sentiments in the first quarter, especially in the Asian markets pertaining to high inventory levels. Europe and US witnessed high swinging trends in the first quarter, but prices mostly fluctuated on the lower end in the second quarter of 2023.
The major reason for the decline was the ramped-up production by Chinese production facilities after the Lunar New Year holidays. As the cheap Asian exports reached American and European shores, prices started normalizing there too. Moreover, eased transportation costs and freight restorations helped reduce the upstream pressure. Downstream demands from pharmaceuticals, dyes, and chemical industries fluctuated per demand and inventory stocks. Overall, truly mixed price trends were observed.
According to the Procurement Resource, the Benzyl Nitrile prices are expected to oscillate under the influence of feedstock benzyl chloride and uncertain downstream demands.
Procurement Resource provides latest prices Benzyl Nitrile. 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.
Benzyl Nitrile is basically known as a nitrile, which is acetonitrile, where one of the methyl hydrogens is replaced by a phenyl group. It is a colourless to pale yellow oily liquid with an aromatic odour and is insoluble in water. It is a nitrile and a member of the benzenes. It is a precursor to several derivatives and is also used in the production of amphetamines including phenobarbital.
|Product Name||Benzyl Nitrile|
|Industrial Uses||Disinfectant byproduct, Drinking water contaminant, Pharmaceuticals, Dyes and perfumes, Pesticides, Penicillin precursors, Organic synthesis, Intermediate, Manufacturing chemical, Personal care products, Cosmetics|
|Synonyms||140-29-4, Phenylacetonitrile, Benzeneacetonitrile, 2-Phenylacetonitrile, Benzyl Cyanide|
|Molecular Weight||117.15 g/mol|
|Supplier Database||Central Drug House, SynQuest Laboratories (Central Glass Co., LTD.), Sheetal Chemicals, Anjanee Chemical India|
|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 order to produce Benzyl Nitrile, phenylacetonitrile is obtained by reacting benzyl chloride with alkali cyanide in alcohol or aqueous solution under phase transfer catalysis using N,N-dialkylbenzylammonium chloride.
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).
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.
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.
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.