1、 Price trend

According to the price monitoring of business society, the average price of mainstream manufacturers on April 3rd was 14333.33 yuan / ton, 6.52% lower than the average price of 15333.33 yuan / ton at the beginning of the week (30 days), and the market fell this week.

2、 Market analysis

Product: the market for salicylic acid fell this week. In the near future, the raw material end has been lowered, and the salicylic acid market has been further explored. Due to the public security incidents abroad, the export of salicylic acid has been reduced by about 3-50%, the domestic market is still fair, and the shipment is gradually smooth. As of April 3, the industrial price of chemical salicylic acid in Maoyuan, Zhenjiang is about 15000 yuan / ton, the pharmaceutical price is 20000 yuan / ton, and the sublimation price is 20000 yuan / ton. The industrial price of salicylic acid in Hebei Jingye chemical industry is about 13000 yuan / ton, the pharmaceutical price is 28000 yuan / ton, and the sublimation price is 19000 yuan / ton. The industrial price of salicylic acid in Shandong Longxin pharmaceutical industry is about 14000 yuan / ton, the factory price of pharmaceutical grade is about 25000 yuan / ton, the factory price of sublimation grade is about 18000 yuan / ton, and the factory price of methyl salicylate is about 24000 yuan / ton. Shandong new hualongxin salicylic acid industrial level reference price is about 15000 yuan / ton, medical level reference price is 24000 yuan / ton, sublimation level reference price is 18000 yuan / ton, and the actual transaction is mainly based on negotiation, with large quantity being preferred.

Industrial chain: after the collapse of crude oil in March, the phenol Market as a petrochemical product entered a period of sharp decline, and the impact of overseas public events continued to intensify. There was no substantial positive progress after the collapse of crude oil, and petrochemical products will continue to explore in the short term. From the cost point of view, the profit of 3300 yuan / ton pure benzene compared with phenol is fair, and the acetone market of the same unit is affected by the demand for downstream isopropanol In the short term, phenol and ketone plant’s profit is relatively good, and phenol recovery in the short term does not exist. In the near future, we will continue to pay attention to the price adjustment trend of petrochemical plants. Phenol analysts of the business agency believe that phenol will continue to explore the bottom under the condition of low demand and full of negative air. The short-term forecast is 5500 yuan / ton, or the market situation will gradually become clear in mid April.

3、 Future forecast

According to the salicylic acid analyst of the business agency, in the near future, the starting rate of the salicylic acid market is good, the raw materials in the early stage of the upstream are declining, the price of the salicylic acid manufacturer is lowered, the market transaction atmosphere is fair, the export situation is not good, the shipping is temporarily blocked, and it is expected that the salicylic acid will not fluctuate much in the short term, or it will show a stable trend