Price trend

On June 26th, The listing price of Sinopec East China is 8,350 RMB/ton.

Analysis review

Yesterday, the phenol market underwent a sideways consolidation and operation, with little change in market fundamentals. Traders offered strong prices, with limited room for profit margins. The procurement for terminal entry into the market was average, and maintained procurement on demand. The market was steadily advancing and trading was average.

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