Salicylic acid market stable this week (2.1-2.7)

1、 Price trend

 

According to the price monitoring of the business association, on February 7, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13933 yuan / ton, which was the same as that at the beginning of the month, the same as that at the beginning of the month, the same as that at the same period last year, and the recent market was relatively stable.

 

2、 Market analysis

 

This week, the market of salicylic acid has been running smoothly, and the price has not changed compared with the beginning of the week. As the Spring Festival is approaching, the goods preparation of the downstream is basically finished, and the traders continue to withdraw from the market. The market as a whole has entered the holiday mode. Therefore, before the Spring Festival, the price of salicylic acid is difficult to fluctuate, and the price is stable. As of February 7, the quotations of salicylic acid industrial enterprises are mostly in the range of 12000-15000 yuan / ton, the supply and demand are stable, the prices are stable, the quotations of pharmaceutical grade are mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation grade are mostly in the range of 15000-20000 yuan / ton, the quotations are stable.

 

In terms of raw materials, the market offer of phenol continued to remain stable. On February 5, the reference price of phenol was 6620.00, which was the same as that on February 1. The phenol Market in East China has risen steadily enough, and the factory has been concentrating on the increase.

 

Sulfuric acid, February 5, Shandong sulfuric acid market temporarily stable, sulfuric acid reference price of 322.50, flat with February 1. The sulfur market in the upper reaches has been consolidated at a high level recently, and the cost support is good, but the purchasing enthusiasm in the lower reaches is general, the supply of sulfuric acid is normal, and the ex factory price of sulfuric acid fluctuates slightly in the future.

 

According to the price monitoring of the business community, in the list of commodity prices in the 5th week of 2021 (2.1-2.5), there were 42 kinds of commodities in the chemical industry sector, among which 8 kinds of commodities increased by more than 5%, accounting for 8.7% of the total number of commodities monitored in the sector; the top 3 commodities were 1,4-butanediol (14.52%), hydrobenzene (13.66%) and crude benzene (11.45%). There were 17 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 products with a decrease were isopropanol (- 6.15%), hydrochloric acid (- 5.13%) and ethylene (- 4.79%). The average rise and fall this week was 1.09%.

 

3、 Future forecast

 

Salicylic acid analysts of business news agency believe that: near the Spring Festival, the stock of downstream products before the year is basically closed, the traders continue to withdraw from the market, and the market as a whole enters the holiday mode. Therefore, before the Spring Festival, the price of salicylic acid is difficult to fluctuate, and the price is stable.

Gamma PGA

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