Price Trends of Phosphorus Pentachloride in its Latest Insights and Dashboard
In the Asia Pacific region, phosphorus pentachloride prices were hindered by Lunar holidays, reduced electric vehicle demand, and uncertain market conditions in Q1. Feeble support from upstream industries and battery manufacturing decline further impacted the trend negatively. However, Q2 saw a less significant dip as feedstock costs decreased and demand increased in electric devices. In Europe, the ongoing Russia-Ukraine crisis caused energy cost spikes, leading to inflation and weak dye manufacturing demand, resulting in a decline.