1、 Price trend

According to the price monitoring of the business association, on May 21, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton, which was the same as that at the beginning of the week, up 1.27% on a month on month basis, and the price was the same as that at the same period last year. On May 21, the salicylic acid commodity index was 87.30, flat with yesterday, down 13.22% from the cycle’s highest point of 100.60 (2011-09-19), and up 22.22% from the lowest point of 71.43 on March 29, 2016（ Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

This week, the salicylic acid market was stable, most of the enterprises shipped at a stable price, and individual enterprises increased by 100-200 yuan / ton, with a small range. The price of raw material phenol is high, the cost support is acceptable, and the domestic demand is steadily advancing, but the export is weak, the orders are reduced, and the delivery and investment are poor. The operators wait and see the market, and there is no price adjustment plan for the time being. Up to now, the quotations of salicylic acid industrial grade enterprises are mostly in the range of 13000-15500 yuan / ton, the quotations of pharmaceutical grade enterprises are mostly in the range of 23000-26000 yuan / ton, and the quotations of sublimation grade enterprises are mostly in the range of 18500-20000 yuan / ton. There is no obvious fluctuation in the quotations of salicylic acid at all levels.

In terms of raw materials, the domestic phenol Market is running at a high price. The on-site negotiations are slightly flat, and the price of the carrier is low. The phenol market still maintains a strong momentum. The shipment is general, the market inquiry increases, but the actual orders are general. The terminal is mainly just need to follow up, and there is a little profit during the period. The business community expects that the domestic phenol market will advance smoothly today, The market negotiation is 9700-9800 yuan / ton.

3、 Future forecast

Salicylic acid analysts of business news agency think: at present, the price of raw materials is stable, but it is still at a high level, and the cost support is strong. Salicylic acid enterprises are stable in price, and there is little change. It is expected that the market will run smoothly in the short term.