1、 Price trend
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According to the price monitoring of the business agency, on November 24, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13833.33 yuan / ton, which was flat compared with the previous day, increased by 2.47% compared with the beginning of the month, increased by 2.47% month on month, and decreased by 9.78% compared with the beginning of the year.
2、 Market analysis
On November 24, the salicylic acid market was stable, and the price did not change significantly. The overall transaction atmosphere was good, and the inventory pressure was not great. With the production and sales, after the price adjustment in the early stage, the shippers kept the price stable and shipped, and looked at the market. The trading center of gravity slightly increased, and the enterprise’s mentality was positive and the trend was firm. As of November 24, 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 23000-25000 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, on November 24, there were few traders offering in the morning, and the wait-and-see mood increased. Sporadic offers ranged from 6550 yuan / T to 6600 yuan / T, and there were also some high-level reports to the holders, who intended to continue to push up the offer, but the actual order situation has not yet progressed. The volume is small, traders actively ship goods in the early stage, almost no goods are in hand near the end of the month, and a small amount of goods arrive at the port. The business association predicts that the short-term high level is stable, and the market still needs to pay attention to the downstream follow-up.
3、 Future forecast
Salicylic acid analysts of the business agency believe that: at present, the price of salicylic acid has no obvious change, the overall trading atmosphere is good, the shippers keep the price stable, wait and see the market, the trading center of gravity slightly rises, the enterprise mentality is positive, the trend is strong, and the market is stable in the short term.
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