Product
Benzyl Nitrile Price Trend and Forecast
Benzyl Nitrile Price Trend and Forecast
Regional Price Overview
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.
Analyst Insight
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.
About
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 Details
| Report Features | Details |
| 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 |
| Chemical Formula | C8H7N |
| 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.
Production Process
- Production of Benzyl Nitrile via Benzyl Chloride and Sodium Cyanide Reaction; via Benzyl Chloride and Potassium Cyanide Reaction
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.
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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