The domestic phenol market continues to rise

Trend chart of average phenol price in the national market

 

The domestic phenol market continued to rise. The negotiation price in East China rose to 8950 yuan / ton from the low of 8350 yuan / ton last week. The unexpected shutdown of a factory at the beginning of the week boosted the market. In addition, the average price of contracts in the month was high, and the cost was high. The mood of shippers was strong. With the increase of downstream inquiries, the focus of negotiation was significantly improved, but the terminal was still dominated by rigid demand, some factories replenished appropriately, and the participation of intermediate traders was not large, Pay attention to the trading situation on the floor.

 

At the opening of the day, lihuayi increased by 300 to 9000 yuan / ton, which significantly boosted the market. It is expected that the domestic phenol market will continue to push up. It is expected that the East China market negotiation today will be 9100-9250 yuan / ton

POLYVINYL ALCOHOL