1、 Price trend
| EDTA |
According to the price monitoring of the business association, on December 28, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13933 yuan / ton, up 0.72% from the beginning of the month, up 3.21% from the beginning of the month, and down 9.13% from the beginning of the year.
2、 Market analysis
In December, salicylic acid market rose slightly, enterprises generally rose, and the market was good. At the same time, new production capacity entered the market. This month, due to good demand, manufacturers were in short supply, orders increased, and the demand for export and domestic sales increased significantly. Some enterprises said that during this period, export and domestic sales were half and shipment was smooth. According to the monitoring data of the business community, as of December 28, the quotations of salicylic acid industrial enterprises were mostly in the range of 11000-15000 yuan / ton, the quotations of pharmaceutical grade enterprises were mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation grade enterprises were mostly in the range of 15000-20000 yuan / ton.
Phenol as raw material, the domestic phenol market was weak and fell again at the end of the week. At the beginning of the week, due to the influence of shipping schedule, there was little pressure on the port storage. The shippers had a strong mentality and also intended to rise. However, the downstream acceptance was limited, and the transaction of goods source was poor. Although there was a large amount of goods supply in the near weekend, the expected supply side of domestic factory maintenance was slightly reduced, and the quotation of shippers remained stable due to the cost pressure Strong, but few market inquiries and transactions. It is expected that the domestic phenol market will be weak.
According to the price monitoring of the business community, in the list of commodity prices in the 51st week of 2020 (12.21-12.25), there were 19 kinds of commodities in the chemical industry sector that rose month on month, of which 2 kinds of commodities rose by more than 5%, accounting for 2.2% of the number of commodities monitored in the sector; the top 3 commodities that rose were formic acid (9.42%), propylene glycol (5.02%) and epichlorohydrin (4.11%). There were 30 kinds of commodities with a month on month decrease, and 9 kinds of commodities with a decrease of more than 5%, accounting for 9.8% of the monitored commodities in the sector; the top 3 products with a decrease were silicone DMC (- 21.84%), bisphenol A (- 9.91%) and ox (- 9.09%). This week’s average rise or fall was – 0.69%.
3、 Future forecast
Salicylic acid analysts of business news agency believe that the downstream demand is good this month, the market is in short supply, the shipment is smooth, and the price rises slightly. It is expected that the salicylic acid price will be stable at the end of the month.
| Melamine |