Product
Methyl Salicylate Price Trend
Methyl Salicylate Price Trend
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.
Procurement Resource Database
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.
Chart Description:
Procurement Resource provides prices of Methyl Salicylate for several regions around the globe, which are as follows:
- North America
- South America
- Europe
- Asia Pacific
- Middle East
- Africa
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.
Chemical Formula of Methyl Salicylate:
- C8H8O3 or C6H4(OH)(CO2CH3)
Synonyms:
- 119-36-8
- Methyl 2-hydroxybenzoate
- Oil of wintergreen
- Betula oil
Molecular Weight:
- 152.149 g/mol
Industrial Uses:
- Odour agents
- Flavouring ingredient
- Plasticisers
- Antiseptic
- Home and personal care products
- Food and beverages
- Insecticides and pesticides
- Solvent for inks
Production Processes:
- Production of Methyl Salicylate via Esterification of Salicylic Acid and Methanol; and via Steam Distillation
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.
Supplier Database:
- Berjé Inc.
- Fleurchem, Inc.
- Seqens SAS
- Mollhausen S.A.S
- Zhenjiang Gaopeng Pharmaceutical Co. Ltd.
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Methodology:
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).