ChemAnalyst Data Pvt Ltd

  Salicylic Acid   is an important compound used in a variety of industries, primarily for its anti-inflammatory and exfoliating properties. Over the years, the prices of salicylic acid have fluctuated based on several factors, including raw material availability, production costs, demand from various sectors, and geopolitical factors. As a widely used ingredient in the pharmaceutical, cosmetic, and chemical industries, it is essential to understand how these elements influence its pricing trends and what market participants can expect in the coming months or years. One of the most significant factors affecting salicylic acid prices is the cost and availability of raw materials, particularly phenol, which is a key precursor in the production of salicylic acid. Phenol is derived from petroleum, and thus, its cost is closely tied to crude oil prices. When crude oil prices rise, the cost of phenol increases, which in turn pushes up the cost of producing salicylic acid. On the oth...