1、 Price trend

According to the price monitoring of the business association, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton on July 24, which was flat compared with the beginning of the week (20th), and the price was flat compared with the beginning of the month. The market is stable in the near future.

2、 Market analysis

The salicylic acid market is running smoothly this week. It was in the off-season and the demand was not high. In addition, in the rainy season in the south, some downstream enterprises stopped production and stopped work, which inhibited the demand for salicylic acid. Foreign exports did not improve significantly, and the price of raw materials declined. The trend of salicylic acid decreased obviously and steadily, yielding a small profit. As of July 23, the industrial grade price of salicylic acid of Zhenjiang MaoYuan Chemical Co., Ltd. was 15000 yuan / ton, and the price remained stable. The industrial grade price of salicylic acid of Hebei Jingye Chemical Co., Ltd. is 14000 yuan / ton, and the price is stable. The industrial grade price of new hualongxin salicylic acid is about 15000 yuan / ton, and the ex factory price of methyl salicylate is about 23800 yuan / ton, and the price is stable. The industrial grade price of salicylic acid of Yanying chemical is about 12000 yuan / ton, and the price is stable. The industrial grade salicylic acid of Henan Diduo Chemical Co., Ltd. is 14000 yuan / ton. The actual transaction is mainly through negotiation.

For phenol, from the end of July, the operating rate is expected to pick up, the supply is relatively sufficient, the demand side is looking at the buyer’s downturn, the industry’s prosperity is not good, and the factory’s start-up is also gradually declining. From the international situation, some factories are gradually returning to work, and the import volume is steadily increasing. As for the phenol Market, it is difficult to find the low price. As for some traders, the cost of holding goods in the early stage is high, and the mentality of raising price is strong. However, the downstream bid is low, the factory is close to the settlement, and the market supply is slightly tense, and the actual transaction is not optimistic. The business association predicted that the demand side is hard to say good, and the supply side is full of bad news, and the phenol Market is hard to change in the short term.

3、 Future forecast

Salicylic acid analysts of the business agency believe that the consumption off-season superimposes the southern plum rain season, which suppresses part of the demand. Salicylic acid enterprises generally ship goods and light trading. It is expected that the trend will continue to be weak and stable in the short term.