1、 Price trend

According to the price monitoring of the business association, on May 14, the average price of salicylic acid (industrial grade) by mainstream manufacturers was 14666.67 yuan / ton, up 1.15% from the beginning of the week and down 1.14% from the same period last year.

2、 Market analysis

Salicylic acid market rose this week, raw material phenol rose by more than 10% since May Day, cost support is strong, salicylic acid prices rose, enterprise price adjustment range of 300-500 yuan / ton, individual enterprises closed offer, there is an upward plan, the market as a whole rose. At present, the international situation has changed a lot, and the export side has a certain impact, but the domestic market is stable, so the support is fair, and the short-term market is strong. As of May 13, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton. The quotation of industrial grade enterprises was mostly in the range of 13500-15500 yuan / ton, the quotation of pharmaceutical grade enterprises was mostly in the range of 23000-26000 yuan / ton, and the quotation of sublimation grade enterprises was mostly in the range of 18500-20000 yuan / ton. The quotation of salicylic acid at all levels increased slightly.

In terms of raw materials, the domestic phenol market rose. On May 13, the reference price of phenol was 9840.00, up 10.31% compared with 8920.00 on May 1. On May 13, the domestic phenol market was strong in the morning and weak in the afternoon, but the phenol market still maintained a strong momentum. After the factories in East China rose, most of the terminals just needed to follow up, the delivery of goods by the holders was general, the market inquiry increased but the actual orders were general, It is expected that the domestic phenol market will advance steadily in the short term.

3、 Future forecast

Salicylic acid analysts of business news agency believe that: at present, raw materials continue to rise, cost support is strong, enterprises increase slightly, some of them are closed and waiting for new prices. It is expected that the market will be strong in the short term, and there is an expectation of increase.