Price trend
The listing price of Sinopec East China phenol was 8,100 RMB/ton, and the theoretical profit value of the plant was on the edge of loss.
Analysis review
At the beginning of the week, the pressure on the port inventory was not high, and the intention of the holders to sell goods at low prices was not high. The overall price of the offer was quite high, and the market center of gravity was pulled up. Downstream procurement was mainly based on rigid demand, and the turnover was average.
Market outlook
It is expected that the phenol market will continue to be strong on the 7th. Pay attention to the market trading volume. The reference value of the East China market is 8,050-8,100 RMB/ton.
On March 6, the offer of phenol in various markets across the country was as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
8,080 |
100 |
|
Shandong |
8,050 |
50 |
|
Yanshan and surrounding areas |
8,050 |
50 |
|
South China |
8,400 |
100 |
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