DASDA (Diamino Stilbene Disulfonic Acid) Price Trend and Forecast

DASDA (Diamino Stilbene Disulfonic Acid) Regional Price Overview

Get the latest insights on price movement and trend analysis of DASDA (Diamino Stilbene Disulfonic Acid) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

DASDA (Diamino Stilbene Disulfonic Acid) Price Trend for the First Half of 2024

Diamino Stilbene Disulfonic Acid (DASDA) is an essential chemical intermediate used primarily in the production of optical brightening agents (OBAs), also known as fluorescent whitening agents (FWAs). These agents are added to products like detergents, paper, textiles, and plastics to enhance their whiteness and brightness by converting ultraviolet light into visible blue light, thereby counteracting yellowing and improving appearance.
 

DASDA (Diamino Stilbene Disulfonic Acid) Price Chart

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Since nitration of Toluene in presence of sulfuric acid can yield DASDA (Diamino Stilbene Disulfonic Acid), their price trends closely coincide with each other. During the first half of 2024, a very hybrid price trajectory was found for DASDA (Diamino Stilbene Disulfonic Acid). The first quarter was more positively inclined than the second, primarily because the crude oil prices were higher around that time, which in turn elevated the prices for the majority of the petrochemical sector. However, the situation normalized in the second quarter as the gap between the upstream and downstream outlooks started to recede.

Analyst Insight

According to Procurement Resource, the DASDA (Diamino Stilbene Disulfonic Acid) prices are likely to correct with the rise in crude oil prices in the upcoming months too.
 

DASDA (Diamino Stilbene Disulfonic Acid) Price Trend for the Second Half of 2023

The price trends for DASDA (Diamino Stilbene Disulfonic Acid) were witnessed to be very uneven and fluctuating during the given period. The market observed an almost plateaued curve during the early months of the third quarter as the supply and demand outlooks colluded closely at the beginning. However, as the fourth quarter began, the market started sliding owing to the rampant decline in both regional and international demand patterns.

The multiple war fronts were already creating difficulties for the shipping industry when the Red Sea crisis also started unfolding, further complicating the freight situation. All these factors affected the market situation and caused the players to adopt a cautious buying and selling attitude, impacting the DASDA market heavily.

Analyst Insight

According to Procurement Resource, the market potential for DASDA look meek as per the current market situation. The price graph is likely to waver in a similar manner in the coming months as well.
 

DASDA (Diamino Stilbene Disulfonic Acid) Price Trend for the First Half of 2023

DASDA, or Diamino Stilbene Disulfonic Acid, is a heat-resistant and stable chemical used to produce optical brightening agents and fluorescent brightening agents primarily used in the color, dyes, cosmetics, and clothing industries.

Produced mostly by sodium salt of nitrotoluene sulfonate, their price trends also closely align. During the first half of the year 2023, the DASDA (Diamino Stilbene Disulfonic Acid) prices were observed to be oscillating for most of the said period. As the inventory levels were already running high and the consuming sectors posed bearish demands, the DASDA prices wavered at the lower side of the price curve. Overall, feeble market sentiments were observed.

Analyst Insight

According to Procurement Resource, with the given market dynamics, not much improvement is expected in DASDA (Diamino Stilbene Disulfonic Acid) price trends in the upcoming months.

Procurement Resource provides the latest prices of DASDA (Diamino Stilbene Disulfonic Acid). 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.