SunSirs: The Domestic Phenol Market Trend Is Slightly Weaker
December 19 2024 11:01:00 SunSirs (John)
The atmosphere in the domestic phenol market is slightly weak, with a reference price of 7,850-7,900 RMB/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 SunSirs, the domestic phenol market price was 7,942 RMB/ton on December 12th and 7,980 RMB/ton on December 19th, with fluctuations mainly within the weekly range and a slight overall increase of 0.5%.
Sinopec Huadong phenol is listed at a price of 7,880 RMB/ton. Sinopec North China phenol is listed at a price range of 8,000-8,050 RMB/ton.
As of the 18th, the phenol offers in various mainstream markets across the country were as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
7,880 |
-50 |
|
Shandong |
8,000 |
0 |
|
Yanshan and surrounding areas |
8,000 |
-50 |
|
South China |
7,980 |
-50 |
SunSirs’ expects that the market volatility will not be significant in the short term, mostly around 50-100 RMB/ton.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
