Get the latest insights on price movement and trends analysis of Phosgene in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Phosgene Price Trends for the First Half of 2023
The market dynamics of phosgene were dependent on the trends of chlorine prices as it serves as a major feedstock in its production. In the first and second quarters of 2023, the price trends of feedstock products fell considerably as the level of inventories remained high while the demand from the downstream industries failed to support the market. In the second quarter, there were some signs of economic improvement in the Asia-Pacific region that helped pull the momentum of the phosgene price trends from the red zone, but the overseas demand and lower trading sentiments resulted in the decline in phosgene prices.
The European countries were challenged by the excess supply of phosgene feedstock materials. In addition to this, the trading activities and consumer preferences also shifted from phosgene, which hampered the growth of its price trends.
Due to the poor outlook of consumer confidence and lack of support from the cost of production, the prices of phosgene found it difficult to grow. Moreover, the economic scenario and sluggish movement of the construction sector ultimately resulted in the drop in the phosgene price trends.
In North America, the consumption rates of consumers slumped significantly in the first two quarters of 2023 as compared to the previous quarters. Further, the phosgene market was under the pressure of excess stockpiles and poor demand.
The percentage of depreciation was much more noticeable in the second quarter as it reached almost double in digits. Further, the persistent economic challenges, rising interest, and inflation rates diminished the scope of phosgene price trends growth.
According to Procurement Resource, the price trends of Phosgene is expected to decline in the upcoming quarters as the market seems to be suffering from a negligible number of new orders and poor performance of the global economy.
Procurement Resource provides latest prices of Phosgene. 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.
It's a colourless gas with an odor that's akin to freshly chopped grasses or hay. Phosgene is a valuable commercial component, particularly in the production of urethanes and polycarbonate polymers. According to the VSEPR hypothesis, phosgene is a planar molecule. It is one of the most basic acyl chlorides, having been generated from carbonic acid.
|Industrial Uses||Agrochemicals, Pharmaceuticals, Polycarbonates, Dyes, Fine Chemicals|
|Synonyms||Carbonic dichloride, Carbonyl chloride, Phosgen, Chloroformyl chloride, Carbon oxychloride, Carbonic chloride|
|Molecular Weight||98.92 g/mol|
|Supplier Database||Wanhua Chemical Group Co., Ltd, Vertellus Holdings, PMC ISOCHEM, JH-Products, Bayer AG, Dow Chemical, DuPont, Rubican|
|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.
Phosgene is synthesised from chlorine and reacted with carbon monoxide in the presence of activated charcoal as a catalyst.
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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