1、 Price trend
| Benzalkonium chloride |
According to the price monitoring of business agency, on March 11, the average price of salicylic acid (industrial grade) mainstream manufacturers was 17000 yuan / ton, which was the same as that at the beginning of the week and the same as that at the beginning of the month. Compared with the same period last year, the price increased by 17.51%.
2、 Market analysis
The price of salicylic acid was strong this week, and the pricing of enterprises was basically unchanged. The price of raw phenol rose slightly, the cost support was strong, the replenishment intention of downstream factories and traders was revealed, followed up on demand, the market trading was stable, the salicylic acid market continued to maintain a stable trend, and there was a certain space for negotiation. By the end of the weekend, according to the data of business agency, the market offer of raw phenol was 11000-11250 yuan / ton, the quotation of domestic salicylic acid industrial enterprises was mostly in the range of 14000-19000 yuan / ton, the quotation of pharmaceutical grade was mostly in the range of 24000-27000 yuan / ton, and the quotation of sublimation grade was mostly in the range of 20000-23000 yuan / ton.
| Sodium Molybdate |
In terms of raw materials, since March, the domestic phenol market has focused on the main actors, mainly supported by the favorable cost side. According to the monitoring data of business agency, the average offer of domestic phenol market was 10812 yuan / ton on March 1, and 11175 yuan / ton on March 11, up 3.35%. As of March 11, the offer of East China market was about 11250 yuan / ton, that of South China was 11300 yuan / ton, and that of North China and surrounding areas of Shandong was about 11100 yuan / ton.
3、 Future forecast
The salicylic acid analyst of business agency believes that at present, the negotiation focus of the raw material market is upward and the cost support is strengthened. However, considering the downstream receiving state, the salicylic acid market continues to maintain a stable trend and is not expected to fluctuate greatly in the short term.
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