1、 Price trend
According to the price monitoring of the business agency, on June 18, the average price of the mainstream manufacturers of salicylic acid (industrial grade) was 14666.67 yuan / ton, which was flat compared with the price at the beginning of the month, with the maximum amplitude of 6.52% in the cycle, and the recent market was stable.
| Melamine |
2、 Market analysis
In June, the market of salicylic acid was stable without any disturbance. In the second quarter, phenol at the end of raw materials kept rising, with a large fluctuation, while salicylic acid rose by a small margin of 2.33% only after May Day, and then the market remained stable. As the main demand end of salicylic acid is export, the recovery of foreign economy is slow, India extends the blockade time, and the export orders of salicylic acid are sharply reduced compared with the previous years, so although there is strong support on the cost end, the demand follow-up is insufficient, and the production enterprises are seeking stability in large quantities, and they wait and see the market. In June, the fluctuation of raw materials was not big, the salicylic acid was still stable, while the export was improved, but it did not meet the expectation. There were not many large orders. Some enterprises reduced the load production, and the inventory pressure was not big. With the order production, the demand was waiting for release.
As of June 18, the industrial price of chemical salicylic acid in Maoyuan, Zhenjiang is about 15000 yuan / ton, the pharmaceutical price is 24000 yuan / ton, and the sublimation price is 22000 yuan / ton. The industrial price of salicylic acid is about 14000 yuan / ton, the pharmaceutical price is 29000 yuan / ton, and the sublimation price is 20000 yuan / ton. The industrial price of salicylic acid in Shandong Longxin pharmaceutical industry is about 15500 yuan / ton, the factory price of pharmaceutical grade is about 25300 yuan / ton, the factory price of sublimation grade is about 18300 yuan / ton, and the factory price of methyl salicylate is about 24300 yuan / ton.
| EDTA 2Na |
Upstream, from the cost point of view, the overall upward trend of phenol is temporarily stopped. On June 17, East China market reported a narrow upward trend with an offer of 7400-7450 yuan / ton. At present, there is a small amount of volume in North China, but the overall supply pressure is not great, terminal inquiries are increasing, just need to be followed up, and the actual single transaction situation still needs attention. According to the business community, although phenol is still in a downward trend and acetone is temporarily high and stable, the overall cost of raw materials is still strong, but the terminal is not optimistic and the downstream just needs to be purchased.
3、 Future forecast
According to the salicylic acid analyst of the business agency, there are not many changes in the cost end in the near future. The rising trend is temporarily stopped, the delivery of salicylic acid is improved, some enterprises are operating at full load, and the sales pressure is reduced. It is expected that the market of salicylic acid will remain stable in the short term, and the future market needs to pay attention to the export situation.
| EDTA |