Procurement Resource provides latest prices of Methyl Salicylate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
The price of methanol was noticed to be on the higher side in Q4 due to increased demand. Fears about a new COVID-19 subtype discovered in Southern Africa sparked market volatility in November, sending stocks soaring across the board. Because of this, methanol prices have been on the rise. Methyl Salicylate also uses methanol as a feedstock. Methanol price increase has a direct impact on methyl salicylate prices. In this quarter, the methyl salicylate prices increased as well.
About Methyl Salicylate:
Methyl Salicylate, better known as the oil of wintergreen or wintergreen oil, is an organic ester that is naturally produced by several species of plants, particularly wintergreens. It is a viscous colourless liquid releasing sweet fruity odour reminiscent of root beer. It has minty taste and aroma and thus, it is often used to prepare mint candies. It can be produced synthetically and is utilised as a flavouring and fragrance ingredient in foods, beverages, and many other products.
|Product Name||Methyl Salicylate|
|Industrial Uses||Odour agents, Flavouring ingredient , Plasticisers , Antiseptic , Home and personal care products, Food and beverages, Insecticides and pesticides , Solvent for inks|
|Chemical Formula||C8H8O3 or C6H4(OH)(CO2CH3)|
|Synonyms||119-36-8, Methyl 2-hydroxybenzoate, Oil of wintergreen, Betula oil|
|Molecular Weight||152.149 g/mol|
|Supplier Database||Berjé Inc, Fleurchem, Inc. , Seqens SAS, Mollhausen S.A.S, Zhenjiang Gaopeng Pharmaceutical Co. Ltd.|
|Region/Countries Covered||Asia Pacific: China , India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland , Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
In order to produce Methyl Salicylate, the process of esterification is utilised. In this process, salicylic acid and methanol are esterified to produce Methyl Salicylate as the result.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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