1、 Price trend
| PVA 2088 (PVA BP20) |
According to the price monitoring of the business association, on September 18, 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
The salicylic acid market is running smoothly this week. After the early price reduction promotion, now the shipment is more stable, the price is stable temporarily. Recently, the export side has improved, and the enterprises’ shipment has turned smooth, and the confidence of the operators has been improved. Salicylic acid manufacturers have been selling more profits. With the production and sales, the volume has been stable. The enthusiasm of middlemen to store up goods has been increased. The market trading atmosphere has improved compared with before. In the short term, the market is mainly stable. As of September 18, 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.
| PVA |
The upstream phenol market was adjusted in a narrow range, the atmosphere of on-site negotiation was flat, and the replenishment mood of downstream factories was not good. At present, the factory’s offer is 5300-5400 yuan / ton, and the East China’s offer is also around 5300 yuan / ton. There is no lack of price reduction in the intention of receiving and submitting offers at the terminal, and the current pressure on the cargo holders is great. It is understood that Shandong and the surrounding areas of Yanshan mostly offer 5350-5400 yuan / ton, while the South China region offers 5400 yuan / ton. There is still room to talk about the actual transaction. The business association predicts that the short-term phenol market will continue to maintain the status quo. Under the current high level of domestic factory operation, the market supply is relatively sufficient, while the downstream demand is insufficient. It is estimated that the reference offer of phenol Market is 5300 yuan / ton.
3、 Future forecast
Salicylic acid analysts of the business agency believe that: at present, the raw material phenol Market is operating in a standstill, the cost side of support is weakened, the demand side has improved, and the market trading is stable. It is expected that the market will be stable in the short term.
| POLYVINYL ALCOHOL |