1. Price trend

According to the price monitoring of the business community, on August 20, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton, flat compared with the beginning of the week and the beginning of the month, with a price increase of 2.33% compared with the same period last year.

2、 Market analysis

The salicylic acid market has been running steadily for the time being this week. The enterprise has basically maintained the early quotation and has not adjusted the price yet. The enterprise determines the production according to the sales, and the supply and demand is roughly balanced. In addition, the raw material phenol has a small rise and the supporting force is OK. The salicylic acid market is running firmly. By the end of the weekend, the quotation of industrial salicylic acid enterprises was mostly in the range of 12000-15500 yuan / ton, the quotation of pharmaceutical grade was mostly in the range of 23000-26000 yuan / ton, and the quotation of sublimation grade was mostly in the range of 17200-20000 yuan / ton. There was little change in Salicylic acid at all levels.

In terms of raw materials, on August 19, the reference price of phenol was 9040.00, a decrease of 3.83% compared with August 1 (9400.00). From the perspective of business society, with the support of cost and supply, the cargo holders also have the intention to push up. They will pay close attention to the arrival of port shipping schedule next week. The business community expects that the market may maintain a strong price state.

3、 Future forecast

The salicylic acid analyst of business agency believes that at present, the raw material price is small, the cost support is good, the downstream demand is relatively stable, the enterprise determines the production by sales, and there is no inventory pressure. It is expected that the salicylic acid market will continue to be stable in the short term.