Navigating the Fluctuating Diesel Price Trends: Expert Tips
Diesel (C12H23) is a liquid fuel designed particularly for Diesel engines. These internal combustible engine oils ignite the fuel through compression of the inlet air inside the engine. It comprises 75% saturated hydrocarbons, 25% aromatic hydrocarbons, and its boiling point ranges around 150-380°C. The chemical constituents may generally vary from 10 carbon along with 20 hydrogen atoms to 15 carbons along with 28 hydrogen atoms.
Diesel fuel is a complex mixture of hydrocarbons comprising paraffin, olefins, naphthene, and aromatics. It appears to be a slightly brown viscous liquid, which is highly volatile and has a characteristic odor.
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The key importing countries for Diesel include India, Vietnam, and Indonesia. On the other hand, the key exporting countries are India, the United States, and China.
Key Details About the Diesel Price Trends:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diesel price 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 diesel price trends, including India Diesel price, USA diesel price, 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 Diesel Price Trends:
Diesel is primarily used for transportation purposes, where vehicles like trucks, buses, barges, trains, and boats consume fuels via Diesel engines, and hence, is used as the chief fuel by these vehicles. It empowers various construction equipment, such as concrete mixtures and electric pumps. It also powers agricultural tools such as water pumps, and sugarcane crushers, etc.
Additionally, Diesel is used as a backup source for electricity generation. The compound emits fewer pollutants when compared to the other fuel variety present in the market. It reduces the fire risk and is the most common fuel choice in the global market. It finds many applications in the automobile, agricultural, construction, and other industries.
Key Players:
- Chevron Corporation
- Robert Bosch GmbH
- Ishtar Company LLC
- PJSC Gazprom
- Royal Dutch Shell Plc
- Exxon Mobil Corporation
- PetroChina Company Limited
News & Recent Development
- Date: January 10, 2023- Delhi government imposes a temporary ban on the BS-IV Diesel and BS-III petrol vehicles to control the air quality in the NCR region.
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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 tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
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