Demand is sluggish, salicylic acid price drops in August

1、 Price trend

 

PVA 1799 (PVA BF17)

According to the price monitoring of the business agency, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14333.33 yuan / ton on August 26, down 2.27% from the beginning of the month, 2.27% month on month, and 6.52% lower than that at the beginning of the year.

 

2、 Market analysis

 

In August, salicylic acid was still in the off-season, the demand side continued to be weak, and the price dropped slightly. The export side is difficult to improve. For domestic trade, due to the low operating rate in summer and the shrinking demand of some downstream enterprises, salicylic acid is mainly purchased on a just demand basis. The business atmosphere is not high, the market transaction atmosphere is cold, and there are few new orders. Manufacturers are under pressure to deliver goods at a small margin. Each level of salicylic acid has declined to varying degrees, and the center of gravity has begun to move downward. Some manufacturers have downward plans at the end of the month On the whole, the market of salicylic acid was stable and slightly weak.

 

As of August 26, the industrial grade price of salicylic acid of Zhenjiang MaoYuan Chemical Co., Ltd. was 15000 yuan / ton, and the price remained stable. The industrial grade price of salicylic acid of Hebei Jingye Chemical Co., Ltd. is 14000 yuan / ton, that of Shandong Longxin salicylic acid is about 15000 yuan / ton, the ex factory price of methyl salicylate is about 23800 yuan / ton, the industrial grade price of salicylic acid of Yanying chemical industry is about 12000 yuan / ton, that of Henan Diduo chemical industry is 14000 yuan / ton, and that of Ganzhou MaoYuan pharmaceutical industry is 15000 yuan / ton Lord.

 

Enterprise product industrial pharmaceutical sublimation

MaoYuan chemical industry: salicylic acid 15000 yuan / ton 24000 yuan / ton 22000 yuan / ton

Professional chemical salicylic acid 13000 yuan / ton 28000 yuan / ton 20000 yuan / ton

Xinhua Longxin salicylic acid 15000 yuan / ton 24000 yuan / ton 18000 yuan / ton

Salicylic acid 10000 yuan / ton 23000 yuan / ton 15000 yuan / ton

Diduoao chemical industry: salicylic acid: 14000 yuan / ton — 19000 yuan / ton

Ganzhou MaoYuan Pharmaceutical Co., Ltd. salicylic acid 15000 yuan / T —-

PVA

For upstream phenol, the phenol market fluctuated in a narrow range on the 25th, and the weak market atmosphere led to poor trading. The reference offer of East China market was 5450-5500 yuan / T, which was relatively dull. In the case of narrow and weak market, the downstream mostly needed to follow up, buy gas to lend money, and there was no lack of delivery. In view of the cost pressure, it was difficult for the holder to make a low offer. The business agency predicts that the domestic phenol market will continue to fluctuate in a narrow range, and forecasts the reference price of phenol in East China of 5450 yuan / ton.

 

3、 Future forecast

 

Salicylic acid analysts of the business agency believe that: the demand is sluggish in the off-season, most of the downstream companies are just in need of purchasing, a small amount of replenishment, the enthusiasm for inquiry is not high, the market transaction atmosphere is light, the manufacturers are under pressure to deliver goods, and the price is reduced slightly. It is expected that the trend will continue to be weak and stable in the short term, or will be slightly reduced.

POLYVINYL ALCOHOL