Triethyl Phosphite prices closely track those of its feedstock, Phosphorous Trichloride, which experienced consistent declines during the given period. In China, post-lockdown optimism for market revival proved counterproductive as overflowing inventories and weak demands drove prices downward. Similarly, Europe's economic struggles and cost-of-living crises hindered downstream chemical industry demands, while the second-quarter normalization of upstream costs lacked meaningful price support. Similarly, the American market remained subdued due to economic challenges and inflation. Overall, bearish sentiments prevailed, reflecting in declining prices globally.
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Definition
Triethyl Phosphite is a chemical compound with the formula P(OC2H5)3. It is a clear liquid used in various industrial processes. It serves as a reagent in organic synthesis, aiding in the formation of specific chemical compounds. Triethyl Phosphite is also employed as a stabilizer and antioxidant in polymer production and as a flame retardant in plastics.
Key Details About the Triethyl Phosphite Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Triethyl Phosphite in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Triethyl Phosphite Price chart, including India Triethyl Phosphite price, USA Triethyl Phosphite price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Triethyl Phosphite Price Trend:
Triethyl Phosphite holds significant industrial significance, serving as a crucial reagent in organic synthesis processes to create diverse chemical compounds. Its role extends to being an antioxidant and stabilizer in polymer production, contributing to the creation of robust materials. Furthermore, it finds application as a flame retardant in plastics, enhancing fire safety in various products.
Key Players:
- Acros Organics
- Ascender Chemical Co., Ltd. (AS.C)
- Wuhan Kemi-Works Chemical Co., Ltd
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