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Resorcinol price index
This post is a summary of the Resorcinol price developments. The price developments of Resorcinol are expressed in US$ prices converted FX rates applicable at the time when the price was valid. Resorcinol price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
The outlook for Resorcinol prices, on the second tab, is generated from different inputs including:
- Very recent price developments of immediate cost drivers of Resorcinol prices
- Recent price developments of underlying feedstocks which drive the price of Resorcinol
- Market futures for both cost drives and feedstocks of Resorcinol prices
- Adjustment of current supply/demand imbalances in the Resorcinol market
- Longer term trends in likely demand conditions
Further information on the Resorcinol price index
What is Resorcinol
Resorcinol is a chemical compound with the molecular formula C6H6O2. It is a white, crystalline solid that is soluble in water, alcohol, and ether. Resorcinol is used in a variety of applications, including the production of resins, dyes, and pharmaceuticals. It is also used as a wood preservative, as a disinfectant, and in the treatment of some skin conditions, such as eczema and acne. In addition, resorcinol is used in the manufacture of rubber, adhesives, and other industrial products. It can be produced by the reaction of benzene with hydrochloric acid, or by the reduction of benzene diol.
How is Resorcinol produced
Resorcinol can be produced through two main methods: the reaction of benzene with hydrochloric acid, and the reduction of benzene diol.
The reaction of benzene with hydrochloric acid involves the addition of hydrochloric acid to benzene, followed by heating the mixture to a high temperature. This reaction results in the formation of chlorine substituted products, including resorcinol.
The reduction of benzene diol involves the conversion of benzene diol (also known as hydroquinone) to resorcinol through the use of a reducing agent, such as hydrazine or sodium amalgam. This reaction is typically carried out in the presence of a solvent, such as ethanol or water, and a catalyst, such as aluminum chloride or hydrochloric acid.
Both of these methods can be scaled up for industrial production of resorcinol.
What is Resorcinol used for
Resorcinol is used in a variety of applications, including the production of resins, dyes, and pharmaceuticals. It is also used as a wood preservative, as a disinfectant, and in the treatment of some skin conditions, such as eczema and acne. In addition, resorcinol is used in the manufacture of rubber, adhesives, and other industrial products.
In the production of resins, resorcinol is often combined with other chemicals, such as formaldehyde or phenol, to form resins that are used in the production of a wide range of products, including adhesives, insulation, and coatings.
Resorcinol is also used as a starting material in the production of a number of dyes and pigments. It can be used to produce a range of colors, including red, yellow, and blue.
In the pharmaceutical industry, resorcinol is used as an ingredient in some topical creams and ointments used to treat skin conditions, such as eczema and acne. It is also used in some over-the-counter medicated shampoos and other hair care products.
Resorcinol is also used as a wood preservative, as it is effective at protecting wood from rot and decay. It is often used in the treatment of railway ties and utility poles. In addition, resorcinol is used as a disinfectant and is effective at killing a wide range of bacteria and fungi.
How big is the Resorcinol market
It is difficult to accurately estimate the size of the global resorcinol market, as it is used in a wide range of applications and is often produced as a byproduct of other chemical processes. However, resorcinol is an important chemical compound that is used in a variety of industries, including the production of resins, dyes, pharmaceuticals, and rubber, as well as in the treatment of wood and in the manufacture of adhesives and other industrial products. As such, it is likely that the market for resorcinol is significant and has a significant impact on the global economy.
According to https://oec.world/ :
Resorcinol, salts are the world’s 3167th most traded product.
Further information on Resorcinol
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Notes on the price-data
- We are continually improving our data collection and processing methods and data will be updated from time to time as we improve the accuracy
- We are working hard to upgrade the algorithm before April 1, 2023 and a further fine-tune by July 1, 2023
- This the index trend of the price of the product group in general and not a single specification in particular
- The data is presented in US$
- The chart shows the price trend, nearly always taken from many statistically-correlated sources