1、 Price trend
| Poly glutamic acid |
According to the price monitoring of business society, on October 30, the average price of mainstream manufacturers of salicylic acid (industrial grade) was 13500 yuan / ton, which was flat compared with the beginning of the week, up 2.53% on a month basis, and fell 11.96% compared with the beginning of the year.
2、 Market analysis
This week, the salicylic acid market is running smoothly, and there is no wave for now. Recently, the atmosphere of the salicylic acid market has recovered, the enthusiasm of downstream inquiry has been improved, the enthusiasm of traders to store goods has increased, the investment atmosphere has improved, the factory starts at a high level, the shipping pressure is not large, the mentality is relatively flat, and the market is still stable in the short term. As of October 30, the industrial quotation of salicylic acid is mostly in the range of 10000-15000 yuan / ton, with stable price; the pharmaceutical grade quotation is mainly in the range of 23000-25000 yuan / T, with stable price; the sublimation quotation is mainly in the range of 15000-20000 yuan / ton, with stable price, and the actual transaction is mainly negotiated.
The upstream phenol market has been in the range fluctuation, showing a trend of rising first and then falling. The overall negotiation atmosphere in the field is light, and the trading and investment are cold. According to the monitoring data of business society, the average offer of phenol Market in China from Oct. 1 and Oct. 28, 2020 increased from 5487 yuan / ton to 5950 yuan / T in the middle of month, and fell to 5587 yuan / T near the end of the month, and the current market of East China fell by 5500 yuan / ton. The offer in North China, such as Shandong, continued to be high, but the market transactions were few, and the South China region was slightly high, and the downstream still needed to follow up.
3、 Post market forecast
The analyst of salicylic acid of business agency thinks: at present, the atmosphere of salicylic acid market is warming, the enthusiasm of downstream inquiry is improved, the investment atmosphere is better, the manufacturer is under little pressure on delivery, and the mentality is relatively flat, and the market is still stable in the short term.
| Polyglutamic acid |