Salicylic acid price fell by 8.14% (9.1-9.14)

1、 Price trend

 

Benzalkonium chloride

According to the price monitoring of the business association, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13166.67 yuan / ton on September 14, down 8.14% from the beginning of the month and 14.13% lower than that at the beginning of the year. The recent market is weak.

 

2、 Market analysis

 

Recently, the market of salicylic acid is weak, and the price has declined obviously. In the off-season of consumption, the operating rate of downstream enterprises declined and their purchasing intention was insufficient. They only maintained the rigid demand and a small amount of bargain hunting and replenishment. The market was slightly light. The manufacturers reduced their prices to seek profits, and the enterprises dropped by up to 3000 yuan. At the same time, the price of phenol at the raw material end fell, and both supply and demand were not enough to support the market. Therefore, the price of salicylic acid dropped sharply. With the international macro warming, exports have improved, business confidence has increased, the market is expected to be stable in the short term.

 

ferric sulfate (Poly ferric sulphate)

Upstream phenol, the overall market is weak, mainly because the terminal demand is sluggish under sufficient supply, the terminal factory procurement is not good, just need to follow up, and the market confidence is not optimistic. However, the domestic phenol Market is relatively sufficient, and it is still difficult to break through the bottleneck under the game of supply and demand. Currently, supported by the cost side, the factory also limits the shipment to maintain the market situation. It is expected that the short-term phenol market will be slightly negative, and the current price is around 5300 yuan / ton.

 

3、 Future forecast

 

Salicylic acid analysts of the business agency believe that: in the off-season of consumption, the operating rate of downstream enterprises declines, the purchase intention is insufficient, and the market is slightly light. With the global macro warming, the export has improved, and the business confidence is enhanced, and the market is expected to be stable in the short term.

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