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Request for Real Time Natural Gas Prices: https://www.procurementresource.com/resource-center/natural-gas-price-trends/pricerequest
Natural gas is a naturally occurring compound made up of many gaseous hydrocarbons. In the year 1825, it was initially created for commercial use in the United States. Methane gas is another name for it. Ethane and methane make up the majority of this colourless, extremely combustible gaseous hydrocarbon.
Additionally, it is related to and frequently happens in crude oil. Natural gas ranks third in terms of energy sources after coal and oil. Nitrogen, hydrogen sulphide, helium, and carbon dioxide are among the gas traces that are present in natural gas at lower concentrations.
The largest producer of natural gas worldwide is North America which also accounts for significant market growth. On the other hand, Russia is the major producer of natural gas in Europe, while Mexico has the highest natural gas consumption in Latin America.
Key Details About the Natural Gas 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 natural gas 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 natural gas price trend, 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 Natural Gas Price Trend:
Automotive, Light and Heavy-Duty Vehicles, Household Activities, Power Generation, and Industrial Fuel are the main industrial uses that have an impact on the price trend of natural gas. Additionally, it is used in several sectors, including paint and paper. Additionally, it is used in refrigeration operations and in the production of ceramics, cement, steel, and bricks.
Key Market Players:
• Oil and Natural Gas Corporation,
• Oil India Limited, Reliance Industries,
• Indian Oil Corporation Limited,
• Punj Lloyd Limited.
News and Events:
• August 08, 2022: In the United States, the cost valuation of Natural Gas had passed above USD 12 per MMBtu in the next few months due to worry about supply returns.
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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 most 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.
Company Name: Procurement Resource
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