1、 Price trend

According to the price monitoring of the business association, on February 19, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13933 yuan / ton, which was the same as that at the beginning of the month, the same as that at the beginning of the month, the same as that at the same period last year, and the recent market was relatively stable.

2、 Market analysis

After the holiday, the market of salicylic acid has been running smoothly. Since the eighth day of the lunar new year, the industry has returned to the market one after another with a good mentality. The manufacturers have no pressure on the inventory, and the price remains at the pre Festival level. Wait and see the market reaction. With the gradual recovery of downstream demand and the rising price of raw materials, salicylic acid market may fluctuate. As of February 19, the quotations of salicylic acid industrial enterprises were mostly in the range of 12000-15000 yuan / ton, the supply and demand were stable, the prices were stable, the quotations of pharmaceutical grade were mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation grade were mostly in the range of 15000-20000 yuan / ton, the quotations were stable.

In terms of raw materials, the market offer of phenol rose. On February 19, the reference price of phenol was 7130.00, up 7.7% compared with that on February 1 (6620.00). The price of sulfuric acid rose. On February 19, the reference price of sulfuric acid was 342.50, up 6.2% compared with that on February 1 (322.50). The upstream sulfur market was recently consolidated at a high level, and the cost support was good. However, the downstream purchasing enthusiasm was general, the supply of sulfuric acid was normal, and the ex factory price of sulfuric acid fluctuated slightly in the future.

According to the price monitoring of the business community, in the list of commodity prices in week 07 (2.15-2.19) of 2021, there were 41 kinds of commodities in the chemical industry sector, among which 16 kinds of commodities increased by more than 5%, accounting for 17.4% of the number of commodities monitored in the sector; the top three commodities were styrene (21.58%), isooctanol (18.48%) and hydrobenzene (15.81%). There were 6 kinds of commodities that declined month on month, and the top 3 products were hydrogen peroxide (- 1.94%), acrylic acid (- 1.39%) and DMF (- 1.38%). This week, the average rise and fall was 2.42%.

3、 Future forecast

Salicylic acid analysts of business news agency believe that: after the holiday, the price of salicylic acid has no obvious change, the industry has returned to the market one after another, with good mentality, no pressure on manufacturers’ inventory, and the price remains at the pre Festival level. It is expected that the price will be stable in the short term by waiting for the market reaction.