SAPDMA (Stearamidopropyl Dimethylamine) Price Trend and Forecast

SAPDMA Regional Price Overview

Get the latest insights on price movement and trend analysis of SAPDMA (Stearamidopropyl Dimethylamine) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

SAPDMA (Stearamidopropyl Dimethylamine) Price Trend for the First Half of 2023

Asia

On an industrial scale, the production of SAPDMA is carried out using stearic acid, and thus, its market trend affects its prices. In the first quarter, the prices struggled due to the weak performance of the economy, the building up of the stocks, and feeble rates of procurement from the downstream industries such as cosmetics, food, and pharmaceuticals. In addition, high supply from international sectors and a fall in freight charges led to a fall in the price trajectory. The decline stabilized a little in the second quarter as production rates declined, but the demand and cost of crude oil also remained weak.
 

SAPDMA (Stearamidopropyl Dimethylamine) Price Chart

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Europe

The feedstock industries of SAPDMA faced low demand from the downstream rubber industry and cosmetics sector, which further led to an incline in the level of inventories. Due to the plunging condition of the economy, the consumers reduced their spending budgets, but the supply chains performed efficiently, hampering the growth of the SAPDMA price trend. The investors also remained hesitant to put their money in the SAPDMA market, and thus, the shortage of funds led to the downfall in the price trend of SAPDMA.

North America

In the first two quarters of 2023, the market of SAPDMA declined in North America due to the failure of two major banking units that put the SAPDMA market sentiments under pressure. With the rise in rates of inflation and hike in interest rates charged by banks, the rates of demand from the downstream industries suffered a high downfall.

Analyst Insight

According to Procurement Resource, the price trend of SAPDMA is estimated to follow a southwards trajectory as the market sentiments of the feedstock market do not seem to support the rise in prices of SAPDMA.

Procurement Resource provides latest prices of SAPDMA (Stearamidopropyl Dimethylamine). 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.