Product
Nicotine Sulfate Price Trend and Forecast
Nicotine Sulfate Price Trend and Forecast
Nicotine Sulfate Regional Price Overview
Get the latest insights on price movement and trend analysis of Nicotine Sulfate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Nicotine Sulfate Price Trend for the First Half of 2024
The primary application of nicotine sulphate is an insecticide. It is a very effective biodegradable insecticide to which insects rarely develop immunity. Growing demand for plant-based non-harmful products is driving the market for nicotine sulphate. The price of nicotine sulphate usually depend on various factors such prices of feedstocks, logistics, and demand and supply interplay, but in the said quarter, prices mirrored the price of its feedstock material, tobacco leaves and sulphuric acid. The prices of both the feedstocks showed an inclining trend providing cost support to the price of nicotine sulphate. There were some plant outrages which limited the supply of sulphuric acid in short term. Therefore, the price performance of nicotine sulfate remained motivated for the majority of the first two quarters.
Nicotine Sulfate Price Chart
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Occasional ups and dips were attributed to momentous supply and supply chain disturbances. However, the overall trend was optimistic. The supply of the raw material was normalized after overcoming the supply challenges. The demand of the nicotine sulphate was average and the procurement looked enthusiastic. Apart from this, the prices were also affected by logistical challenges posed by extreme weather conditions such as heavy rains in India and China and hurricanes in North America. The changing geopolitical scenarios in Europe and Red Sea crisis had also affected the supply in the said quarter. Overall, the price trajectory of nicotine sulphate depicted a positive outlook supported by rising price of feedstock materials.
Analyst Insight
According to Procurement Resource, the price trajectory of nicotine sulphate looks positive for the coming months since the rising prices of feedstock materials are driving the market forward.
Procurement Resource provides latest prices of Nicotine Sulfate. 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 Nicotine Sulfate
Nicotine sulfate is a chemical compound derived from nicotine, commonly used as an insecticide and pesticide. It acts as a potent neurotoxin to pests, effectively controlling various insect populations in agriculture. Additionally, it finds applications in veterinary medicine and as a fungicide. While it has historical significance in pest control, its use has declined due to concerns over toxicity and environmental impact. Nicotine sulfate is also utilized in laboratory settings for research purposes. Despite its effectiveness, careful handling is essential due to its harmful effects on humans and non-target species.
Nicotine Sulfate Product Details
| Report Features | Details |
| Product Name | Nicotine Sulfate |
| Chemical Formula | C20H30N4O4S |
| CAS number | 65-30-5 |
| Molecular Weight | 422.54 |
| HS Code | 29391900 |
| Industrial Uses | Insecticide and Pesticide, Veterinary Medicine, Fungicide, Plant Growth Regulator, Laboratory Reagent, Fumigant, Soil Treatment, Chemical Intermediate |
| Supplier Database | Jiatian Biotech, He Nuo Biotech, BGP Group, Tianze Biological, Guanghua Bio |
| 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.
Nicotine Sulfate Production Processes
Nicotine Sulfate Production by acidification reaction. The production process begins with the extraction of nicotine from tobacco leaves using the solvent extraction method. In this reaction, solvents like petroleum ether or methanol are used to treat the tobacco leaves in order to obtain nicotine for further reaction. It is then treated with kerosene (solvent) and transferred into the reactor for acidification using dilute sulfuric acid. The reaction of nicotine and sulfuric acid results in the production of nicotine sulfate as the end product.
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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