1、 Price trend
| Gamma PGA fertiliser |
According to the price monitoring of the business club, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton on July 31, which was flat compared with the price at the beginning of the month and decreased by 4.35% compared with the beginning of the year. Recently, salicylic acid market is weak and stable.
2、 Market analysis
In July, salicylic acid market continued to be weak and stable. In the off-season, consumption is difficult to boost, the enthusiasm of downstream enterprises’ inquiry is declining, and the uncertainty of the international environment is still increasing. China’s salicylic acid is mainly exported, and the shipping pressure has always existed. The new orders are not high, and the market transaction atmosphere is general. Some salicylic acid manufacturers’ devices are still under full load operation, and the shipment is under pressure, and the price is slightly reduced. As of August 3, 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, and the price is stable. The industrial grade price of new hualongxin salicylic acid is about 15000 yuan / ton, and the ex factory price of methyl salicylate is about 23800 yuan / ton, and the price is stable. The industrial grade price of salicylic acid of Yanying chemical is about 12000 yuan / ton, and the price is stable. The industrial grade salicylic acid of Henan Diduo Chemical Co., Ltd. is 14000 yuan / ton. The actual transaction is mainly through negotiation.
| Gamma PGA cosmetic |
Phenol, the domestic phenol Market in July first suppressed and then rose, mainly downward. From the perspective of business agencies, in August, at present, the operating rate of phenol plants in China has reached a high level. At the end of August, Sinopec Mitsui phenol ketone plant will also resume production. Although some ports have delayed arrival, they are expected to arrive in the warehouse to replenish port inventory in the short term. In August, the factory will implement new contracts, but the demand side is difficult to improve greatly, and the overall downturn is expected The market is expected to continue to decline in early August, and the price space in East China is expected to be 5400 yuan / T.
3、 Future forecast
Salicylic acid analysts of the business agency believe that in the off-season demand in July is sluggish, the downstream inquiry fever is declining, there are not many new orders on the floor, and the market transaction atmosphere is general. It is expected that the trend will continue to be weak and stable in the short term, or will be slightly reduced.
| Gamma PGA |