1、 Price trend
According to the price monitoring of the business agency, the average price of the mainstream manufacturers of salicylic acid on May 15 fourteen thousand six hundred and sixty-six point six seven Yuan / ton, flat compared with the beginning of the week. On May 14, the chemical industry index was 639, up 1 point from yesterday, down from 1016 (2012-03-13), the highest point in the cycle 37.11% , up from 598, the lowest point on April 8, 2020 6.86% 。 (Note: cycle refers to 2011-12-01 to now)
2、 Market analysis
Product: the trend of salicylic acid is stable this week. At present, the market atmosphere is better, the raw material end is strongly supported, the confidence of the industry is enhanced, the export situation of salicylic acid is better, but the shipment volume is not up to the expectation, and the follow-up ability is insufficient. Salicylic acid was dragged down by demand, and there was no real support for the price rise. This week’s trend maintained stable operation. As of May 15, the industrial price of chemical salicylic acid in Maoyuan, Zhenjiang is about 15000 yuan / ton, the pharmaceutical price is 24000 yuan / ton, and the sublimation price is 22000 yuan / ton. The industrial price of salicylic acid is about 14000 yuan / ton, the pharmaceutical price is 29000 yuan / ton, and the sublimation price is 20000 yuan / ton. The industrial price of salicylic acid in Shandong Longxin pharmaceutical industry is about 15500 yuan / ton, the factory price of pharmaceutical grade is about 25300 yuan / ton, the factory price of sublimation grade is about 18300 yuan / ton, and the factory price of methyl salicylate is about 24300 yuan / ton. The industrial price of Shandong new hualongxin salicylic acid is about 15000 yuan / ton, the pharmaceutical price is 24000 yuan / ton, and the sublimation price is 18000 yuan / ton. The prices of all enterprises have not been adjusted yet.
Industry chain: this week, phenol market was affected by poor demand in the downstream, which stopped rising and turned down. At present, the reference offer in East China market is 6600 yuan / ton. The market atmosphere is light. The daily opening and early offer of the carriers are low, but the demand is still sluggish. In the atmosphere of buying up and not buying down, in addition to the high price of phenol in the early phenol rising market, the terminal participation enthusiasm slows down, and the trading is poor. According to the monitoring of the business association, the listing price of petrochemical manufacturers has remained stable at 6900-7000 yuan / ton. However, the prices of major markets were lower. The prices in East China were 6600-6650 yuan / ton, South China 6850 yuan / ton, and Shandong and Yanshan surrounding areas were relatively stable at 7000 yuan / ton. The market fell 150-350 yuan / ton this week.
3、 Future forecast
According to salicylic acid analysts of business club, at present, the raw material end is strongly supported, but the demand end is not enough to follow up, and it is expected that the market of salicylic acid will maintain stable operation in the short term.