Stable demand and rising market price of salicylic acid

1、 Price trend

 

Benzalkonium chloride

According to the price monitoring of the business association, on December 9, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13933.33 yuan / ton, up 0.72% compared with the beginning of the month, 3.21% higher than the beginning of the month, and 9.13% lower than that at the beginning of the year.

 

2、 Market analysis

 

In the first ten days of December, the salicylic acid market continued to improve, and the enterprises kept rising steadily, but the increase was not large. At present, the downstream demand is stable, manufacturers start high, export and domestic trade orders increase, and enterprise inventory is not under pressure. After adjustment, the trend of salicylic acid is relatively stable in the short term. As of December 9, the quotations of salicylic acid industrial enterprises are mostly in the range of 12000-15000 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.

 

For raw material phenol, at present, the downstream buyer is not good, the delivery is cautious, the pressure of shippers is increasing, the profit-making shippers’ low intention is increasing, and the market negotiation focus gradually moves down under the condition of poor trading. On December 9, the phenol Market in East China was relatively calm, with an offer of 6700-6800 yuan / T. the carrier’s offer was lower, the market atmosphere was not good, the downstream inquiry was less, and the enthusiasm of entering the market was positive Not high. At present, the transaction has not been heard, and the actual order needs to be improved.

 

3、 Future forecast

 

Salicylic acid analysts of the business agency believe that: at present, the downstream demand is stable, manufacturers start high, export and domestic trade orders are increasing, and enterprise inventory is not under pressure. After the adjustment, we will wait and see the market reaction, and it is expected that the trend of salicylic acid will be relatively stable in the short term.

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