1、 Price trend

According to the price monitoring of the business community, on November 19, the average price of salicylic acid (industrial grade) mainstream manufacturers was 16666.67 yuan / ton, which was the same as 16666.67 yuan / ton at the beginning of last week and the same as that at the beginning of last month, with a price increase of 20.48% compared with the same period last year.

2、 Market analysis

The salicylic acid market continued to operate weakly and stably this week. The quotations of most enterprises were not adjusted, and the prices of some enterprises were reduced by 200-400 yuan / ton. For example, Mongolia pulitel industrial salicylic acid was reduced by 400 yuan / ton to 14600 yuan / ton within the week, and the market focus shifted slightly downward. At present, the policy of limiting production and power supply has been alleviated, and the operating load of manufacturers has increased. For example, MaoYuan chemical plant is fully open, the market supply has increased, and the price has decreased slightly. Up to now, the quotation of domestic salicylic acid industrial enterprises is mostly in the range of 14500-19200 yuan / ton, the quotation of pharmaceutical grade is mostly in the range of 24000-27000 yuan / ton, and the quotation of sublimation grade is mostly in the range of 19500-23000 yuan / ton. The price is generally adjusted.

In terms of raw materials, at the beginning of last week, the phenol market continued its early decline trend and continued to fall to 9200 yuan / ton. After that, the market rebounded. Up to now, the offers of major mainstream markets are as follows: the offer in East China is 9350 yuan / ton, the offer in Shandong and Yanshan surrounding areas is 9300 yuan / ton, and the offer in South China is 9450 yuan / ton. The price rise this time is obviously lack of motivation. After all, it is because there is no continuous positive support on the demand side. Most of the in tray purchases are just needed, and the participation of intermediate traders is significantly reduced. In the short term, there is little change in the supply side. After a round of replenishment in the market, the procurement slows down. From the perspective of business society, the domestic phenol market will still fluctuate in the range next week.

3、 Future forecast

According to the salicylic acid analysts of business society, the current production and power restriction policy has been alleviated, the start-up of salicylic acid enterprises has increased, the market supply has increased, and the actual transaction has moved down slightly again. It is expected that the salicylic acid market will continue to maintain a weak operation in the short term.