perchloroethylene Pricing Assessment

Markets Covered:

Germany

Japan

China

India

Australia

Brazil

Saudi Arabia

Malaysia

Singapore

South Africa

Turkey

United Arab Emirates

Vietnam

Perchloroethylene Price Trend, Analysis and Forecast

In Q1 2024, the global Perchloroethylene (PERC) market experienced a mixed trend, particularly in Germany, where prices reported at $943.8/MT showed a decrease of -4.75% from the previous quarter. This downturn was largely driven by a combination of abundant supply and softer demand from key sectors like dry cleaning and degreasing. Although there was a stable demand for PERC in some industries, it was not enough to counteract the overall market pressures, leading to the price decline.

By Q2 2024, the situation continued to evolve, with prices in Germany dropping to $862.51/MT, reflecting a negative trend of -8.61% from Q1. This decline was attributed to further softening demand as industries adjusted to changing market conditions, along with ongoing supply chain challenges. Factors such as reduced shipping efficiency and rising operational costs contributed to this trend, causing users to seek alternatives or delay purchases.

As we moved into early Q3 2024, prices for Perchloroethylene in August stabilized at $802.48/MT, showing a slight decrease of -1.98% from the July figure of $818.71/MT. The global market faced abundant supply and lower-than-expected demand, resulting in these price fluctuations. Additionally, geopolitical uncertainties and changing regulations in major markets like China and Japan affected trade dynamics, impacting overall pricing stability.

Looking ahead to Q4 2024, the Perchloroethylene market may see further fluctuations. Anticipated increases in seasonal demand, especially in the dry cleaning and industrial cleaning sectors, could create upward pressure on prices. However, if abundant supply persists and demand remains tempered due to economic factors, the market could stabilize at lower price points. Monitoring these dynamics will be crucial for stakeholders as they navigate the evolving landscape in the coming months.

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is your trusted resource for tracking global perchloroethylene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the perchloroethylene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence perchloroethylene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely perchloroethylene market data.

Track 's perchloroethylene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in perchloroethylene prices

Regulatory Changes on Environmental Concerns (2020): Increasing regulations and bans on the use of Perchloroethylene in dry cleaning and industrial applications due to environmental and health concerns have led to supply constraints and price fluctuations.

Increased Demand for Solvent Applications (2018-2019): A surge in demand for Perchloroethylene as a solvent in various industries, particularly in cleaning and degreasing applications, contributed to rising prices during this period

Market Demand Fluctuations in Industrial Applications (2015): Changes in demand from key sectors, such as automotive and manufacturing, influenced Perchloroethylene prices, as these industries are significant consumers of the solvent.

Methodology and Specifications

perchloroethylene Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions for Perchloroethylene.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users across major Perchloroethylene production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Perchloroethylene supply chain, from raw material availability (e.g., Chlorobenzene, Ethylene) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Perchloroethylene prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or floods, on Perchloroethylene production facilities, particularly in vulnerable regions. These events are factored into our price forecasts and supply outlooks.

Regulatory Changes: evaluates changes in environmental regulations and industry standards that may affect the production and use of Perchloroethylene. These regulations can influence supply dynamics and pricing structures.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Perchloroethylene production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to accurately assess current supply availability.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Perchloroethylene production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including dry cleaning, industrial cleaning, and degreasing. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Perchloroethylene pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Perchloroethylene prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Perchloroethylene pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

165.83

CAS No

127-18-4

HS Code

290323

Molecular Formula

C₂Cl₄

perchloroethylene

Perchloroethylene (C₂Cl₄) is a clear, colourless liquid with a sweet, chloroform-like odour. It is a highly effective solvent known for its excellent degreasing and cleaning properties. Perchloroethylene is primarily produced through the chlorination of certain Hydrocarbons, involving a series of chemical reactions that introduce Chlorine atoms. Its effectiveness and relatively low environmental impact make it a crucial component in promoting hygiene and efficiency in industrial processes.

Packaging Type

250 Kg Drum (Import-Export, Domestic), 300 Kg Drum (Import-Export)

Grades Covered

Technical Grade (>99%)

Incoterms Used

FOB Tokyo, FOB Shanghai, FOB Hamburg, Ex-Mumbai, CIF Santos (China), CIF Port of Singapore (Japan), CIF Port Kelang (Japan), CIF Mersin (Germany), CIF Melbourne (Japan, Germany), CIF Jeddah (China), CIF Jebel Ali (Germany,) CIF Haiphong (Japan), CIF Cape Town (China), CIF Nhava Sheva (Germany, China).

Synonym

PERC, Tetrachloroethylene, Perchloroethene, and PCE

Quotation Terms:

25-30 MT (Import-Export), 10-15 MT (Domestic)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Characteristics	Index	Result
Appearance	Colourless transparent liquid	Colourless transparent liquid
Chroma	<15	10
Density ρ20（g/cm3）	1.615-1.625	1.622
Purity (%) ≥	99.9	99.99
Distillation of residue (%) ≤	0.005	0.0006
Water content (%) ≤	0.01	0.0019
PH Value	6.0-9.0	6.75

Applications

Perchloroethylene is primarily used as a solvent and cleaning agent in various industries. It is widely utilized in dry cleaning for its ability to effectively remove stains and dirt from fabrics. Additionally, Perchloroethylene serves as a solvent in industrial cleaning processes, helping to degrease machinery and parts. It is also used in the manufacturing of other chemicals, including refrigerants and adhesives. Its versatility and efficiency make it an essential component in maintaining cleanliness and performance across multiple sectors.

Disclaimer

Perchloroethylene price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for perchloroethylene. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the price of Perchloroethylene in the global market? +

The price of Perchloroethylene is influenced by several factors, including raw material costs, primarily Crude oil derivatives like Ethylene. Geopolitical events, such as trade disputes and environmental regulations, can also impact supply and demand. Additionally, fluctuations in production capacities, transportation costs, and seasonal demand from industries like dry cleaning and degreasing affect its price.

How can procurement teams predict future trends in Perchloroethylene pricing? +

To predict future Perchloroethylene price trends, procurement teams should monitor key indicators like Crude oil prices, global demand for Ethylene derivatives, and any changes in regulatory policies impacting chemical production. Tracking the production output of major producers and staying updated on supply chain disruptions or plant maintenance schedules can also provide insights into potential price fluctuations.

How does global demand affect Perchloroethylene prices? +

Global demand from key industries such as dry cleaning, metal degreasing, and chemical manufacturing significantly impacts Perchloroethylene prices. When demand rises, especially in regions like Europe and Asia, prices tend to increase due to tighter supply. Conversely, any decline in industrial activity or shift to alternative chemicals may result in price drops.