1、 Price trend
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According to the price monitoring of business society, on December 17, the average price of salicylic acid (industrial grade) mainstream manufacturers was 16700 yuan / ton, an increase of 0.2% compared with the beginning of the week and 19.82% compared with the same period last year.
2、 Market analysis
The salicylic acid market has been stable for the time being this week, and the market is generally stable. A few enterprises have increased slightly by about 500 yuan / ton, and large orders have made some profits. Recently, the market continues to be stable, the price of raw phenol is stable, and the market offer is large, stable and small. The negotiation reference is 9050-9100 yuan / ton. The cost side support is acceptable, the downstream demand is good, the trading is active, the enterprise has little shipping pressure, and the focus moves up slightly. Up to now, the quotation of domestic salicylic acid industrial enterprises is mostly in the range of 14900-19200 yuan / ton, the quotation of pharmaceutical grade is mostly in the range of 24000-27000 yuan / ton, and the quotation of sublimation grade is mostly in the range of 19500-23000 yuan / ton.
In terms of raw materials, the transactions in the East China market in the domestic mainstream region are general, with little change in fundamentals. The market offer is large, stable and small, and the negotiation reference is 9050-9100 yuan / ton. The market negotiation atmosphere is relatively flat, but the shipment pressure of East China’s cargo carriers is not large. First, the port inventory pressure is not large, and the domestic Factory Yangzhou Shiyou plant is shut down for maintenance, and the cargo carriers operate at a high price. However, the enthusiasm of downstream inquiry is general, just need to submit an offer, and the trading follow-up is limited.
3、 Future forecast
The salicylic acid analyst of business agency believes that there is support for the current cost, coupled with the start of downstream goods preparation at the end of the year, the demand gradually increases, boosting the market atmosphere, and the salicylic acid market is expected to rise steadily.
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