|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
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Request for Real Time Kerosene Prices: https://www.procurementresource.com/resource-center/kerosene-price-trends/pricerequest
Kerosene is one of the most popular flammable hydrocarbon liquids. It is made from petroleum and is frequently used as fuel for both transportation and cooking. Another property of kerosene is its low viscosity. It is also referred to as lamp oil or paraffin.
Hydrocarbons are removed from petroleum via fractional distillation to create the clear liquid kerosene. Kerosene is extracted using the method of evaporation and heating, which is then followed by kerosene purification and condensation.
The United States of America is the top country in the kerosene market, whereas China, India, Korea, and Japan are the leading kerosene-producing countries.
Key Details About the Kerosene 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 kerosene price, lithium carbonate price, and carbon black price, etc. 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 kerosene price trend, 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 Kerosene Price Trend:
Kerosene has a lower danger of combustion than gasoline and can be used as a lubricant as well as a solvent to remove other petroleum products like chain grease. In the manufacturing and processing of metals, they can also be employed as a cooling agent. It is also frequently used in the petroleum industry to replicate crude oil.
On sticky mucilage or adhesive left behind by stickers on a glass surface, kerosene can be used as an adhesive remover. It can be used to wipe away candle wax that has dripped onto a glass surface; it is advised to scrape off any excess wax before using a moistened cloth or piece of tissue paper to apply kerosene.
Before relubrication, it can be used to remove any remaining lubricant from bicycle and motorcycle chains. Oil-based paint used in fine art can also be thinned using this method. Even though it leaves the bristles feeling greasy to the touch, some artists use it to clean their brushes.
Key Market Players:
• Royal Dutch Shell (Shell)
• Chevron Corporation
• Exxon Mobil Corporation
• BP p.l.c.
News and Events:
• February 02, 2021: Through modest fortnightly price hikes, the government ended its subsidy on kerosene, the poor man’s fuel, and the fuel distributed through the public distribution system (PDS) is now priced at market rates. According to budget documents submitted to Parliament, there is no provision in the Union Budget for 2021–22 for the payment of a kerosene subsidy during the fiscal year commencing in April.
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- Itaconic Acid Price Trend – https://www.procurementresource.com/resource-center/itaconic-acid-price-trends
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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