1、 Price trend

According to the price monitoring of the business association, on September 27, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13166.67 yuan / ton, which was flat compared with the beginning of the week, decreased by 8.14% compared with the beginning of the month, and decreased by 14.13% compared with the beginning of the year.

2、 Market analysis

Salicylic acid market is relatively stable this week. Recently, the international macro trend is warmer, the export orders of salicylic acid have increased compared with the previous period, the operating rate of domestic downstream enterprises has gradually increased, the overall market has recovered, the enthusiasm of traders to hoard goods has increased, and the offer price has remained stable for the time being. At present, the operating rate of salicylic acid plant is temporarily stable, and the shipment is slowly getting better. In the short term, the market may be consolidated and stabilized. As of September 27, the industrial price of salicylic acid was mostly in the range of 10000-15000 yuan / ton, the price was stable, and the actual transaction was mainly through negotiation.

At the end of last week, the phenol market fluctuated. Although the port inventory was increased near the end of the month, after the downstream terminals prepared goods before the double festival, the market tended to be stable after the initial upward trend. The market was about 5450 yuan / T. the enthusiasm of the intermediate traders was not great, but the low-level source of goods was difficult to find. The offer of the shippers was steadily promoted, and the downstream bisphenol a market was mainly downward and trading Generally, the overall market volume needs to be improved. The domestic phenol Market is expected to be stable and the reference price of phenol in East China is estimated to be 5400-5450 yuan / ton.

3、 Future forecast

Salicylic acid analysts of the business agency believe: at present, the raw material phenol Market is stable, the cost side support is fair, the export and domestic sales are showing signs of recovery, the market trading atmosphere is better, the manufacturers sell at stable prices, and the market is expected to be stable in the short term.