The atmosphere in the domestic phenol market is slightly weak, with a reference price of 7850-7900 yuan/ton in the phenol market in East China. Terminal enterprises in the market are not very interested in entering the market, and the delivery of demand orders is low. Traders have little pressure to ship, and there is a stable price sentiment. However, due to poor stock flow and concession operations, trading follow-up is average. According to data monitored by Shengyi Society, the domestic phenol market price was 7942 yuan/ton on December 12th, and 7980 yuan/ton on December 19th. The price fluctuated mainly within the weekly range, with a single day drop of 0.2% on December 18th.
Sinopec Huadong phenol is listed at a price of 7880 yuan/ton. Sinopec North China phenol is listed at a price range of 8000-8050 yuan/ton. As of the 18th, the phenol offers in various mainstream markets across the country are as follows:
Region/ Quotation on the 18th/ Zhou’s ups and downs
East China region/ 7880./ -50
Shandong region/ 8000./ 0
Surrounding areas of Yanshan Mountain/ 8000./ -50
South China region/ 7980./ -50
Business Society expects that the short-term market fluctuations will not be significant, mostly around 50-100 yuan/ton.