Matters related to the price of dodecanedioic acid (DDDA)

In recent years, the price of dodecanedioic acid (DDDA) in the city has attracted the attention of merchants and workers.

At the beginning, its price was still stable, and it fluctuated slightly near a certain value according to the state of supply and demand. At that time, the production of various producers was stable, and the pickup of goods by users was also conventional, and the market was peaceful.

However, the situation gradually changed. First, the price of raw materials suddenly rose. This is due to disasters in the place of origin, or changes in government orders, which made it difficult to harvest raw materials, and the price soared. Since raw materials are expensive, the cost of DDDA producers has increased greatly. In order to protect their profits, they must raise their prices. Second, there are also abnormal changes in market demand. Emerging industries are booming, and the demand for DDDA has skyrocketed. In the past, it was only used by a few industries, but now new industries are intervening, and the demand for more than supply is gradually becoming apparent. This is also one of the reasons for the price increase.

Looking at the trend of its price, it was stable in the early stage, but later it was on the rise due to the above reasons. And this trend is irreversible in the short term, and it is difficult to change the situation of the shortage of raw materials for a while, and the demand for new industries is still strong. However, if the origin of raw materials resumes production, or there are new alternatives, the price may be adjusted. Businesses should carefully observe the market situation and make plans to move in response to changes in DDDA prices.