Chloroform Price Index, Trend, Chart, News, Demand and Forecast
The global chloroform prices market has been under close observation due to its vital role in multiple downstream industries, including pharmaceuticals, agrochemicals, and industrial solvents. Chloroform, also known as trichloromethane, is an essential chemical intermediate primarily produced by chlorination of methane or chlorination of chloromethane. The market dynamics for chloroform are influenced by a wide range of factors such as raw material costs, crude oil price fluctuations, energy costs, production capacity utilization, and environmental regulations governing its usage and trade. As chloroform is extensively used in producing refrigerants like HCFC-22 and in pharmaceutical formulations, any shift in demand from these industries significantly impacts overall price trends. In recent quarters, regional markets have displayed varying trends depending on industrial activity, feedstock availability, and trade policies. In the Asia-Pacific region, which is a key hub fo...