On September 6, the quotations of phenol in various markets across China were as follows:
Area |
Quotation (RMB/ton) |
Daily change (RMB/ton) |
East China |
10,050 |
+100 |
Shangdong |
10,100 |
+100 |
Yanshan and surrounding areas |
10,050 |
+100 |
South China |
10,250 |
+250 |
Analysis review
The domestic phenol market continued to rise, and the tight supply situation was difficult to ease. The supply side of the washing tower of Zhejiang Petrochemical's Phase I phenol and ketone plant is expected to be tight. As shown in the above table, the major mainstream markets have pushed up, with active terminal inquiries and cautious real orders, and the acceptance of high prices for continuous increases was limited.
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