Phosphorus Pentachloride Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Phosphorus Pentachloride in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Phosphorus Pentachloride Price Trend for the First Half of 2023
Asia
The trend of phosphorous pentachloride showcased restricted growth in the first quarter due to the onset of the Lunar holidays in China. The drop in demand, along with high uncertainties in the sales of electric vehicles, led to a loss in the number of new orders. In addition to this, feeble support from the upstream industries and the declining trajectory of battery manufacturing pushed the price trend of phosphorous pentachloride into the negative zone.
In the second quarter, the dip was not as significant as observed in the first quarter. The market movements were affected by the declining cost of feedstock, constriction in manufacturing activities, and a hike in demand for phosphorous pentachloride in electric devices. There were some month-to-month fluctuations, but overall, the price trends were stable compared to the first quarter.
Europe
The fall in phosphorous pentachloride prices in Europe was due to the ongoing Russia-Ukraine crisis that caused the energy cost hike in the region. This led to a rise in the inflation rates, and with weak demand from the dye manufacturing and synthesis sector, the trend of phosphorous pentachloride took a dip.
In the second quarter also, the market recovered slowly. The manufacturers struggled with the low level of exports from Asian countries due to the low appetite of purchasers. The influx of imports from Russia led to a rise in competition, and thus, the traders were forced to reduce their price quotations.
North America
In North America, the declining new orders, slow pace of the market, and drop in the sales of electric vehicles negatively affected the price trend of phosphorous pentachloride in the first quarter. However, in the second quarter, the market for electric vehicles saw a rise in their sales which also led to a rise in competition in the US market. The heightened interest of investors hampered the rise in the prices of phosphorous pentachloride.
Analyst Insight
According to Procurement Resource, the price trend of Phosphorus pentachloride is expected to showcase a mixed trajectory as the market dynamics of electric vehicles will dictate the movement of phosphorous pentachloride prices.
Procurement Resource provides latest prices of Phosphorous Pentachloride. 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.
Phosphorus pentachloride is a yellowish-white solid that is widely used as a chlorinating agent. PCl5 is highly reactive due to its tendency to release chlorine gas upon exposure to moisture. It is employed in various industries for manufacturing pharmaceuticals, agrochemicals, and other organic compounds.
Report Features | Details |
Product Name | Phosphorus Pentachloride |
Chemical formula | PCl5 |
Industrial Uses | Pesticides and agrochemical production, Water treatment, Polymerization, Rubber and plastics industry, Dyes and pigments |
HS Code | 28121400 |
CAS Number | 10026-13-8 |
Molecular weight | 208.24 g/mol |
Supplier Database | Xuzhou Weiruipu Chemical, Huaian Huayuan Chemical, Hantech Chemical Co Ltd, Vital Chemicals, Italamtcj Chemicals |
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.
A molten catalyst catalyzes the reaction between chlorine and phosphorus trichloride at the pressure of 1 bar and between the temperature range of 160-250°C to produce phosphorus pentachloride.
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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