1、 Price trend

According to the price monitoring of business society, on December 3, the average price of salicylic acid (industrial grade) mainstream manufacturers was 16666.67 yuan / ton, flat compared with the beginning of the month, and the price increased by 20.48% compared with the same period last year.

2、 Market analysis

This week, the salicylic acid market continued to be stable, the market trading was good, the transaction increased, the manufacturer’s inventory was ok, the actual single price was slightly explored, and the short-term salicylic acid market operated stably. Up to now, the quotation of domestic salicylic acid industrial enterprises is mostly in the range of 14900-19200 yuan / ton, the quotation of pharmaceutical grade is mostly in the range of 24000-27000 yuan / ton, and the quotation of sublimation grade is mostly in the range of 19500-23000 yuan / ton.

According to the monthly increase and decrease from December 1, 2020 to November 30, 2021, it can be seen that the superior in the salicylic acid range increased by 12.36% in October supported by cost and supply, and then stabilized.

In terms of raw materials, on December 2, the focus of the domestic phenol market continued to decline, double raw materials weakened one after another, the bad atmosphere in the industrial chain intensified from top to bottom, and even the whole chemical industry continued to fall. On December 2, the negotiated price in East China fell to 9000-9050 yuan / ton. The supply side may be supported by Yangzhou Shiyou phenol ketone plant or storage and maintenance plan next week. The business agency expects the domestic phenol Market range to be sorted and operated on the 3rd.

3、 Future forecast

According to the salicylic acid analysts of business agency, the price of salicylic acid remained stable as a whole and increased sporadically during the week. Under the situation of relatively stable market supply and demand, the price of salicylic acid is expected to continue to maintain a stable trend.