Trend chart of average phenol price in the national market
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This week, the domestic phenol market continued to fall, domestic factories made several adjustments, and the market continued to bottom out. As of the weekend, the mainstream offer of several major domestic factories was 8600-9400 yuan / ton, and the reference value negotiated in the East China market was 8300-8400 yuan / ton. At the weekend, the port stock increased to 38000 tons, and the pressure of early quotation and shipment from the cargo holders was great. The market fell due to the loss of profits. Recently, the theoretical losses of phenol and ketone enterprises have increased, and the terminal demand is expected to be difficult to improve. Considering the impact of cost and average price, it is expected that the short-term operation is still weak, and we should always pay attention to the trends of petrochemical enterprises on the site.
This week, the market and factory prices have been falling all the way, with obvious declines. Terminal enterprises have increased wait-and-see, and there is great pressure on shippers to continue to make profits. It is expected that there are still downward risks in the market opening next week. The mainstream offer in East China is 8200-8400 yuan / ton.
On July 15, phenol offers in various markets across the country were as follows (weekly rises and falls were calculated on the 7th):
Region, Quotation, Weekly rise and fall
East China, 8350., – one thousand and three hundred
Shandong region, 8750., – one thousand one hundred and fifty
Surrounding areas of Yanshan, 8770., – one thousand and two hundred
South China, 8450., – one thousand and three hundred
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