PF (Phenol-Formaldehyde Resins) Price Chart, Historical and Forecast Analysis Provided by Procurement Resource

During H1 2023, PF (Phenol-Formaldehyde Resins) prices in Asia exhibited mixed sentiments, rising initially due to increased feedstock prices and stable demand, then experiencing a temporary decline before recovering by the quarter’s end. Fluctuations were attributed to phenol and formaldehyde price oscillations and demands from coating and adhesive industries. In Europe, slow growth in January … Read more

PET Coke Prices Today, Price Chart and Forecast Analysis Provided by Procurement Resource

PET coke, also referred to as petroleum coke, is a carbon-rich solid substance generated from oil refining. It is created as a byproduct of the oil refining process when heavy crude oil is subjected to high temperatures in a process known as cracking. It is mostly made of carbon, with trace amounts of sulphur, nitrogen, … Read more

Paraffin Price History and Forecast Analysis Provided by Procurement Resource

Throughout 2023, Paraffin prices in Asia remained tethered to crude oil fluctuations. Initially stable, they rose with increasing crude oil prices but later dipped due to oversupply, with discounted Russian oil mitigating prices. In Europe, high crude oil costs eased, aided by Asian imports and reduced demand in cosmetics. North America faced similar price weakness … Read more