Methylene Diphenyl Diisocyanate prices in Asia experienced mixed fluctuations during the first half of 2023. The initial surge in demand, driven by limited inventory stocks and the revival of the automotive and manufacturing sectors, led to price increases in the first quarter. However, as excess supplies filled inventories in the second quarter, prices declined. In…
Linear Alpha olefins (LAO) are olefins or alkenes. It is the first carbon atom in the chain of hydrocarbons. Linear alpha olefins are produced during oligomerisation and are extensively employed as raw materials for various products such as adhesives, plastics, and detergents. It is manufactured via thermal cracking oil and gasoline. It is also produced…
Ocean freight is the movement of goods across oceans and seas by ships or boats. This mode of transportation is frequently employed for bulk shipments of big commodities or large numbers of non-time-sensitive goods. It is applicable to a wide range of products, including raw materials, consumer goods, and machinery. It is a low-cost solution…
NPK Fertilizers are commercial chemicals widely used to enrich the soil and provide it with essential nutrients required by the crops or plants on the agricultural fields and promote the development of healthy plant varieties. The short N-P-K stands for Nitrogen-Phosphorous-Potassium, which are the key ingredients of the compound and are well-known products produced in…
The Northern Bleached Softwood Kraft (NBSK) Pulp market experienced a period of high prices due to supply chain disruptions caused by COVID-19 and the Russia-Ukraine crisis. However, as supply chains were restored and energy and shipment prices normalized in early 2023, upstream costs began to decrease. Consequently, NBSK Pulp prices gradually declined, both in Europe…
Polycarbonate is defined as a polymer chain of bisphenol-A carbonate. Polycarbonate resin is highly strong, resistant to fracture, and flexible, just like acetal resin. They are polyesters of phenols and carbonic acid and can be obtained by reducing diphenoxymethylene end products with diphenylcarbonate. In addition, polycarbonate melts at about 265°C and has great impact strength….
In Asia, Methyl Ethyl Ketone prices had a sluggish start in H1 2023 due to plummeting demands from paint and coating industries, compounded by weak feedstock butanol prices. The pandemic-induced lockdowns in China initially halted the industry, and even after reopening, consumer focus on necessities prolonged the revival. Global economic slowdown also contributed, leading to…
Naphtha is an intermediate organic compound obtained from the reaction between crude oil and liquid kerosene. Naphtha is a combustible compound that is obtained from petroleum refineries while the distillation process is in progress. It is a volatile chemical whose molecular weight range around 100-215 u. The boiling point for the compound measures around 20-220°…