1、 Price trend
According to the price monitoring of the business association, on June 18, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14250 yuan / ton, which was the same as that at the beginning of the week, with a month on month decrease of 2.84% and a year-on-year decrease of 2.84%. On June 20, the salicylic acid commodity index was 84.82, which was the same as yesterday, decreased by 15.69% from the highest point of 100.60 (2011-09-19) in the cycle, and increased by 18.75% from the lowest point of 71.43 on March 29, 2016（ Note: period refers to the period from September 1, 2011 to now
2、 Market analysis
This week, salicylic acid market weak stable operation, the enterprise has not adjusted, still implement the early quotation. At present, the raw material phenol is running in shock, the price fluctuation is not big, the impact of salicylic acid market is limited, the price is mainly stable operation, sporadic downward. At present, the shipment of industrial grade salicylic acid is fair, other grades are slightly weaker, and the overall demand of downstream has little change. As of June 18, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14250 yuan / ton. The quotation of industrial grade enterprises was mostly in the range of 13000-15500 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 17200-20000 yuan / ton. There was little change in salicylic acid of each grade.
In terms of raw materials, the domestic phenol market was in a volatile operation, with a slight stalemate in the market and little change in the fundamentals. The negotiation atmosphere in the market was weak, and the price of the goods was stable. However, the terminal factory was not in a good mood for replenishment, and the gas buying was not high. It was just necessary to follow up, and the transaction was flat. The business community expected that the domestic phenol market would be weak today, and the market negotiation was expected to be 8900-9000 yuan / ton.
3、 Future forecast
Salicylic acid analysts of business news agency believe that: at present, the overall demand of downstream is weak, and the raw material is not enough to boost. The salicylic acid market price is weak, stable and sporadic downward. It is expected that the salicylic acid market will continue to advance steadily in the short term, and the trend of raw material price needs to be paid attention to.
| PVA |