Supplements

Ethyl Salicylate Price Trends

Analysis of the Price Correlation of Ethyl Salicylate
Over the past few years, the state of the business market has been turbulent, and the price of ethyl salicylate has also fluctuated accordingly. At the beginning, its price has risen steadily, due to the gradual refinement of the technology of production, and it is widely used in various industries, such as the manufacture of fragrance and medicine. All need this agent, so the demand is too high, and the price tends to rise.

However, soon after, the situation changed. New factories competed, and the production capacity increased sharply, resulting in the accumulation of goods in the market. In addition, other substitutes also emerged slightly, and the demand for ethyl salicylate decreased slightly. Under this decline, its price began to decline, and it decreased month by month. Businesspeople are worried about its market luck.

Later, the price of raw materials suddenly rose, procurement was difficult, and the levy of domestic helpers' fees and taxes also increased. The production cost of ethyl salicylate has increased greatly. Although the market has not returned to its previous prosperity, the price has also stopped falling and stabilized, and there are signs of a slight rise.

Looking at the trend of ethyl salicylate prices, it is related to the balance of supply and demand, the change of production costs, and the rise and replacement of substitute products. If the industry wants to make a profit in the market, it must carefully observe the current situation and make good use of the opportunity, so as to stabilize the tide in the sea of business.