On the second working day after the holiday, the domestic phenol market continued to decline. According to the analysis system of Business Society, the average price in the domestic market was 9150 yuan/ton on October 8th, with a single day decline of 2.09% in the national market. Among them, the negotiated price in the East China market decreased by 150 yuan/ton to 9000 yuan/ton.
Major domestic factories have adjusted their listing prices one after another, which is negative for the domestic phenol market, prompting major mainstream transactions to tend towards negotiated price drops. The factory price adjustment is as follows:
On October 8th, the phenol price of Yanshan Petrochemical fell by 200 yuan per ton to 9300 yuan, and the 300000 ton/year phenol ketone plant of Yanshan Petrochemical was operating normally
On October 8th, Zhongsha Tianjin Petrochemical lowered the phenol price by 200 yuan per ton, implementing a 9300 yuan/ton reduction. The 350000 ton/year phenol ketone plant entered normal operation, and the manufacturer shipped as planned.
On October 8th, Lihua Yiwei Yuan Chemical Co., Ltd. lowered the factory price of phenol products by 200 yuan per ton to 9300 yuan.
On October 8th, the phenol price of Gaoqiao Petrochemical fell by 200 yuan per ton, resulting in a 9200 yuan/ton decrease. The 240000 ton/year phenol ketone plant in Caojing was operating at full capacity, with low inventory.
On October 8th, Mitsui Chemical announced that its sales of Sinopec Mitsui phenol had a price drop of 200 yuan per ton, resulting in a decrease of 9200 yuan per ton.
On October 8th, Yangzhou Shiyou lowered the price of phenol by 200 yuan per ton, resulting in a normal operation of the 320000 ton/year phenol ketone plant. This price will be executed on September 27th.
The focus of the downstream bisphenol A market has weakened, and there is a strong wait-and-see atmosphere in the market after the holiday. Due to the negative impact of the industry chain, downstream products have also shown a significant downward trend, with light market trading and few actual orders. The mainstream negotiated prices in East China range from 11100 to 11300 yuan/ton, with a significant downward trend in the focus after the holiday.
From the perspective of the business community, the current downstream bidding intention is low, and the overall buying interest is not high. Pay attention to the actual order negotiation situation. The expected market price of phenol is around 9000 yuan/ton.
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