In H1 2023, cellulose prices continued their previous decline, reflecting a departure from the 2022 price surge driven by disrupted trade. With stabilized crude oil prices and ongoing Russian oil supplies to major economies like India and China, upstream costs decreased. The extended Russia-Ukraine conflict prompted new trade routes, contributing to price fluctuations, with occasional reversals in the latter half of Q2 due to inventory adjustments.
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Definition
Cellulose is a natural polymer and the primary structural component of plant cell walls. It is a complex carbohydrate made up of repeating glucose units linked together. Cellulose is renowned for its strength and rigidity, making it a vital material in industries such as paper production, textiles, and as a source for manufacturing various bio-based products, including renewable fuels and biodegradable plastics.
Key Details About the Cellulose 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 Cellulose 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 Cellulose Price trend, including India Cellulose price, USA Cellulose 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 Cellulose Price Trend:
Cellulose has diverse industrial applications. It’s prominently used in paper and cardboard manufacturing due to its fibrous nature. In textiles, cellulose-based fibres like rayon and acetate are produced. Moreover, cellulose serves as a key component in pharmaceuticals, food processing (as a thickener), and as a raw material for bioplastics, contributing to sustainability and environmental efforts.
Key Players:
- JELU-WERK J. Ehrler GmbH & Co. KG
- Chemfield Cellulose
- Acros Organics
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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.
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