Product Name | Kerosene |
HS Code | 27101932 |
Chemical Formula | CxHy (mixture of hydrocarbons) |
Synonyms | Paraffin, Lamp Oil, Coal Oil, Heating oil |
Region/Countries for which Data is available |
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Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | Our services can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after service delivery |
Request for Real Time Kerosene Prices: https://www.procurementresource.com/resource-center/kerosene-price-trends/pricerequest
One of the most popular flammable hydrocarbon liquids is kerosene. It is produced using petroleum and is widely used as a fuel for both cooking and transportation. Low viscosity is another characteristic of kerosene.
Kerosene is a clear liquid made of hydrocarbons that are extracted from petroleum using fractional distillation. The method of evaporation and heat is used to separate other components and extract the kerosene and is followed by purification and condensation of kerosene.
The United States of America is the top country in the kerosene market, whereas other top kerosene-producing countries are China, India, Korea, and Japan.
Key Details About the Kerosene 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 kerosene price, lithium carbonate price, and carbon black price, etc. 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 kerosene price chart, 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 Kerosene Price Trend:
Some of the main industrial uses that affect the kerosene price trend are as a fuel component for jet engines, as a solvent for insect repellent, and as greases, used for burning kerosene lamps, in furnaces or domestic heaters. It is also employed as a cooking fuel, extraction process, and lubricant.
Key Market Players:
- Royal Dutch Shell (Shell)
- Chevron Corporation
- Exxon Mobil Corporation
- BP p.l.c.
- LUKOIL
News and Events:
- February 02, 2021: According to budget documents submitted to parliament, there was no provision in the union budget for 2021-2022 for the payment of a kerosene subsidy during the fiscal year commencing in April.
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About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and 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 track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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