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Trichlorfon Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Trichlorfon in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Trichlorfon Price Trend for the First Half of 2023
In the Asia-Pacific region, the first two quarters of 2023 witnessed a spike in the price trend of trichlorfon as the cost of feedstock materials surged in the region. This rise in the prices was a direct result of the support from the downstream industries and the renewal of market activities in the Asia-Pacific region. However, the trend did not sustain for as long as in the second quarter; the rising market momentum was hit by the lowering of production costs and the gradually declining interest of consumers in the market. In addition to this, the supply chains remained strong, and thus, the oversupply of trichlorfon in the region ultimately caused the decline in its prices.
In Europe, the trichlorfon market witnessed fluctuations throughout the first quarter. Initially, the rise in prices was supported by the rising cost of feedstock phosphonate as its demand from downstream industries surged.
The interest of domestic and international buyers also increased, but the shadows of inflation and the high possibility of recession proved to be a problem in the growth trajectory of the trichlorfon price trend. In the second quarter, the market activities of the feedstock materials slowed down, and along with the declining freight charges, the price trend of trichlorfon also slipped.
In the first quarter of 2023, the price trend of trichlorfon followed a positive trajectory with the help of surging demand and positive movements in the feedstock markets. Even in the secondary quarter, the price trend remained stable, contrary to what was seen in the European and Asia Pacific regions. The cost of feedstock materials increased due to its applications in several industries, and with that, the prices of trichlorfon also surged.
According to Procurement Resource, the price trend of Trichlorfon is estimated to showcase a mixed trajectory as the market dynamics of feedstock materials seem to guide the future prices of trichlorfon.
Trichlorfon Price Trend for the Second Half of 2022
The trichlorfon market was deeply affected by the fluctuating prices of its feedstock. The prices fluctuated in the Asia-Pacific market due to the cuts in operational rates and uncertainties in the supply-demand equilibrium in the region. The monsoon season in the third quarter negatively impacted the demand from both domestic and international buyers. Ample supplies and trade disruptions due to rising covid cases further caused the decline in the prices of phosphonates and in turn, negatively impacted the price trend for trichlorfon.
A fluctuating price trend for trichlorfon was observed in the European region. The prices suffered from the rise in inflation, soaring interest rates, and limited imports of feedstock materials. The operation costs were also hit by the restrictions imposed by the European region over the import of energy materials from Russia. In the fourth quarter, due to a lack of competitiveness, uncertainties in the economic outlook of the region, and falling demand from the cleaning and water treatment industries negatively affected the trichlorfon prices.
The North American region also recorded an oscillating trend as the demand from the domestic market reduced and the region witnessed a reduction in operating units. The ripple effects of limitations on trade with China, weak support from feedstock materials, and dull buying potential due to the monsoon season, all adversely affected the trichlorfon market.
According to Procurement Resource, the price trend for Trichlorfon are expected to showcase mixed sentiments in the upcoming quarter. The prices of feedstocks along with the rising inflation and uncertainties in the global market are likely to impact the trichlorfon price trend the most.
Procurement Resource provides latest prices of Trichlorfon. 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.
Trichlorfon is a phosphonic ester, i.e., a dimethyl phosphonate in which a 2,2,2-trichloro-1-hydroxyethyl group substitutes the hydrogen atom attached to the phosphorus atom. It is a potent insecticide and an inhibitor of acetylcholinesterase.
It can cause cholinesterase( neurotransmitters) inhibition in humans, which can overstimulate the central nervous system causing dizziness, nausea, and respiratory paralysis in the worst scenarios. An important agrochemical is used on crops, livestock, lawns, golf courses, and ornamental plants to control the infestation by lepidopterans, lice, crickets, beetles, flies, etc.
|Agrochemical (Insecticides), Anthelmintic Drug
|Bayer CropScience, Mobay, Adama Agricultural Solutions
|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
|US$ (Data can also be provided in local currency)
|Supplier Database Availability
|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.
During this process, dimethyl phosphite is added dropwise into trichloroacetaldehyde, and the mixture undergoes a synthesis reaction under specific conditions to produce a semi-finished trichlorfon product. This semi-finished product is washed with water and subjected to further treatment like crystallization, centrifugation, and separation to obtain the final product.
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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Phone:+1 307 363 1045
Phone: +91 1203185500
Phone: +44 7537 132103