Pyridine price November 2024 and outlook (see chart below)
- North America:US$4.21/KG, -1.9% down
- Europe:US$4.07/KG, -3.1% down
- Northeast Asia:US$2.23/KG, -2.6% down
- India:US$2.89/KG, -3.7% down
Business Analytiq assumes no responsibility or liability for any errors or omissions in the content of this site. The information contained in this site is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, or timeliness.
Pyridine price index
This post is a summary of the Pyridine price developments. The price developments of Pyridine are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Pyridine price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Pyridine prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Pyridine prices
- Recent price developments of underlying feedstocks which drive the price of Pyridine
- Market futures for both cost drives and feedstocks of Pyridine prices
- Adjustment of current supply/demand imbalances in the Pyridine market
- Longer term trends in likely demand conditions
Further information on the Pyridine price index
What is Pyridine
Pyridine is a chemical compound with the formula C5H5N. It is a colorless to pale yellow liquid with a strong, unpleasant odour. Pyridine is highly flammable and is toxic if ingested or inhaled. It is used as an intermediate in the production of a range of chemicals, including pharmaceuticals, dyes, and pesticides. It is also used as a solvent for various materials, including resins, waxes, and rubber, and as a solvent in the production of paints and coatings. Pyridine is also used in the production of a range of compounds that have a pyridine ring, such as pyridine derivatives and pyridine-based compounds. In addition to its use in the chemical industry, pyridine has also been used in the past as a denaturant for ethanol and as a flavouring agent in the food industry. However, it has largely been replaced by safer alternatives in these applications. Pyridine should be handled with caution, as it can be harmful if inhaled, ingested, or absorbed through the skin.
How is Pyridine produced
Pyridine is produced through a chemical reaction between acetaldehyde and ammonia, which produces a mixture of pyridine and other products. The mixture is then separated and purified through distillation to produce a finished pyridine product. The exact process may vary depending on the specific manufacturer and the desired characteristics of the final product.
In addition to the production of pyridine through the reaction of acetaldehyde and ammonia, it can also be produced through the reduction of picoline or the reaction of nicotinic acid with ammonia. These methods are less common than the production of pyridine through the reaction of acetaldehyde and ammonia. Pyridine is a key intermediate in the production of a range of chemicals, including pharmaceuticals, dyes, and pesticides. It is also used as a solvent for various materials, including resins, waxes, and rubber, and as a solvent in the production of paints and coatings. It is also used in the production of a range of compounds that have a pyridine ring, such as pyridine derivatives and pyridine-based compounds.
What is Pyridine used for
Pyridine is a chemical compound that is used as an intermediate in the production of a range of chemicals, including pharmaceuticals, dyes, and pesticides. It is also used as a solvent for various materials, including resins, waxes, and rubber, and as a solvent in the production of paints and coatings. Pyridine is also used in the production of a range of compounds that have a pyridine ring, such as pyridine derivatives and pyridine-based compounds. In addition to its use in the chemical industry, pyridine has also been used in the past as a denaturant for ethanol and as a flavouring agent in the food industry. However, it has largely been replaced by safer alternatives in these applications. Pyridine should be handled with caution, as it can be harmful if inhaled, ingested, or absorbed through the skin.
How big is the Pyridine market
It is difficult to accurately estimate the size of the pyridine market, as it is a chemical intermediate that is used in the production of a range of chemicals and products, and data on its production and consumption is not widely available. Pyridine is a key intermediate in the production of a range of chemicals, including pharmaceuticals, dyes, and pesticides. It is also used as a solvent for various materials, including resins, waxes, and rubber, and as a solvent in the production of paints and coatings. It is likely that the market for pyridine is influenced by the demand for these end products, as well as by the availability and price of raw materials and other factors.
According to https://oec.world/ :
Pyridine, salts are the world’s 3827th most traded product.
In 2020, the top exporters of Pyridine, salts were India ($57.5M), China ($26.7M), United States ($24.2M), Japan ($8M), and Ireland ($5.62M).
In 2020, the top importers of Pyridine, salts were United Kingdom ($65.2M), India ($12.6M), Japan ($7.07M), United States ($6.81M), and South Korea ($5.33M).
Further information
NEED A QUICK DOWNLOAD?
ACCESS TO OUR FULL DATABASE IS US$399/YEAR, WITH A 30-DAY $30 TRIAL
GET THAT DOWNLOAD IN 3 MINUTES!
BusinessAnalytiq provides a database of hundreds of market & price trend data, as well as online tools to set up benchmarks and leading indicators.
Where does the data come from?
- The source of the data are exclusively public non-confidential sources. We have no access to primary data
- This the index trend of the price trend of the "product category" in general, and not a single specification of the product in particular
- The data is a combination of contract and spot pricing
- Our algorithms are set up to eliminate significant product mix impact on the reported price
- We combine public publications, import/export records, trading prices, company announcements, magazine articles, tweets, and other sources of ad-hoc public information.
- The chart shows the our best approximation of the market trend based on our algorithm interpretation of the signals
- For most indexes we have multiple sources and we focus on using statistically-correlated sources
- As a function of our automation, it is likely that recent trends will be adjusted as we discover more information. So, for example, the price trend for February 2024 will be first calculated in February 2024 and adjusted in March, April and May 2024.
- We will update the data trend as more information becomes available, and this means that recent trends will always be adjusted as we get more data available
- The algorithm will regularly revise our understanding of market trends, and indicated market trends may change
- The data is presented in US$. The UOM of measure is shown in the Index list table
- Our automated software and we do our best to create an accurate representation of the trend
Where does the data NOT come from?
- We do not purchase data from any other source and republish it.
- We will not purchase data from any other source and republish it
- We do not extrapolate trends, even for the forecast. We look for other market signals and leading indicators
What data should our company use?
- If you are making decisions driving significant share of profit, we always recommend that you buy data from the companies who invest in direct primary market access such as ICIS, amongst many others
- Our data, at best, represents an estimate of the market trend based on public information
- We have no direct access to the market, and we do not interview suppliers and customers
- Our automated analysis tools in the online software are set up to combine our data with other sources of data
- We do not recommend that you use our data for direct price mechanisms, as we may change and improve the data trends over time, including historical data
What does the quality indication in the main menu mean?
- Quality level A: Data is from a reliable and confirmed source
- Quality level B: Data is from multiple credible sources and there are no major statistical inconsistencies between them
- Quality level C: Data is from multiple credible sources and there are some statistical inconsistencies between them
- Quality level D: Data is from a single credible source, but we cannot verify the data
- Quality level E: Data is either:
- From a single source, which we consider reliable, but we cannot verify the data.
- From 2 or more sources which have some periods of contradicting trends.
- Quality level F: Data is from a single source which we consider indicatively correct, but the data is anecdotal and we cannot verify the data.
What are the disclaimers?
- We assume no responsibility or liability for any errors or omissions in the content of this site.
- The information is provided on an “as is” basis with no guarantee of completeness, accuracy, usefulness, fitness for purpose or timeliness.
- By their nature, outlooks are always uncertain
How often do we update the data?
- We aim to update the data series on the 9th and 24th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
What are we doing to improve the data?
- We are continually improving our data collection and processing methods
- Pricing data will be updated from time to time as we improve the accuracy
- We are reviewing all data sources in the first half of 2024.
- There will be continuous fine-tuning of the trend and forecast algorithm as part of that.
- The key focus in 2024 is to add many additional indexes
How can i give feedback on the data or request for new indexes
- Feel free to contact us if you have a specific request. You can reach us via the Contact us page