Demand tends to improve, salicylic acid market prices rise

1、 Price trend

 

Benzalkonium chloride

According to the price monitoring of the business agency, on November 12, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13833.33 yuan / ton, up 2.47% compared with the beginning of the month, 2.53% higher than the beginning of the month, and 9.78% lower than that at the beginning of the year.

 

2、 Market analysis

 

In November, the salicylic acid market continued to warm, with the price rising by 2.47%. Enterprises generally adjusted about 300-500 yuan / ton, and some enterprises kept their prices stable and waited for the market. The rise was mainly due to the demand expectations to boost market sentiment, as well as strong support from the cost side, and the salicylic acid market was stronger. As of November 12, the quotations of salicylic acid industrial enterprises are mostly in the range of 10000-15000 yuan / ton, the quotations of pharmaceutical grade are mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation level are mostly in the range of 15000-20000 yuan / ton. The actual transaction is mainly through negotiation, and the quantity is preferred.

 

ferric sulfate (Poly ferric sulphate)

At present, the domestic and foreign trade demand of salicylic acid is in good performance. The operating rate of domestic downstream factories is increasing, and the demand is increasing. At the same time, the demand of overseas consumption places is recovering steadily. The export orders of domestic salicylic acid enterprises are increasing. The business attitude is optimistic. The manufacturers are operating at a high level, and the supply is in short supply. The price support mood is high and the offer is firm. As of the beginning of the month, phenol rose by 50.39 yuan compared with the market at the beginning of April, which was also a strong driving force for the price of phenol. Overall, the supply and demand side is good, the trend of salicylic acid is strong, and there are further expectations of rising.

 

The raw material phenol factory has been increased by 250-350 yuan / ton, and the main domestic factory offer is 5900-6000 yuan / ton. In the morning, the market offer remained flat with the factory, and then the downstream inquiry increased and the negotiation went up further, and the offer gradually exceeded 6000 yuan / ton. As of the end of the 11th, the mainstream offer for petrochemical plants across the country was 5900-6000 yuan / ton. Among them, the offer of East China market is 6050 yuan / ton, that of Shandong and surrounding areas of Yanshan is 5900-6000 yuan / ton, and that of South China is 6100 yuan / ton.

 

3、 Future forecast

 

Salicylic acid analysts of the business agency believe that: at present, the domestic and foreign trade demand for salicylic acid is good, the orders of salicylic acid enterprises are increasing, the business attitude is optimistic, the manufacturers start high, the supply exceeds demand, the price sentiment is high, and the offer is firm. In the short term, the market is strong.

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