HomeBUSINESSChloroform Prices, Trends & Forecasts | Provided by Procurement Resource

Chloroform Prices, Trends & Forecasts | Provided by Procurement Resource

Chloroform, or trichloromethane (CHCl3) from the polyhalogenated organic compounds family, is a clear and colourless organic chemical which is naturally found in the atmosphere, lakes, rivers and groundwater etc. It is a distinct, non irritating compound with an odour similar to ether. It has a solubility in water and a higher density than water sinking. Despite being non-flammable, it has the ability to combust in extreme situations. It can be harmful in case of inhalation, ingestion, and skin absorption. Its respective boiling and melting points are 61.2 °C and -63.5 °C.

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The biggest Chloroform exporters are Germany, the United States, France, South Korea, and the Netherlands, while its biggest importers are the Netherlands, Italy, Mexico, India, and Japan.

Key Details About the Chloroform 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 Chloroform price 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 Chloroform Price chart, including India Chloroform price, USA Chloroform 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 Chloroform Price Trend:

The Chloroform industry is propelling forward owing to the use of the substance as a key solvent that is used in fats, lacquers, oils, floor polishes, adhesives, resins, alkaloids, and rubber. As a solvent, it is also employed in farming. Furthermore, it is used for making chlorofluorocarbons in refrigeration. In addition, Chloroform has application in extracting dissolvable oils, greases and fats etc., which in turn boost the market development. Also, it is added to food packaging materials in the form of an indirect food additive etc., which further leads to the industry’s development.

Key Players:

  • PJSC Khimprom
  • Merck KGaA
  • Shin-Etsu Chemical Co., Ltd
  • Alfa Aesar
  • Thermo Fisher Scientific Inc.

News & Recent Development

  • June 14, 2023- The chloroform market was frail and slipped recently. By June 12, the bulk chloroform price in Shandong stood at 2,125 RMB/ton.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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