Price trend
Analysis review
On February 7, Sinopec East China phenol listing price was reduced by 100 to 7,800 RMB/ton. The atmosphere in the market was flat, and the purchasing change of terminal enterprises was not obvious. After the factory lowered the price of phenol, the holders' enthusiasm for shipment increases, but the intention to make a large profit-cutting was not large. The overall focus of the market was stable and small changes, and the turnover was slightly insufficient.
Market outlook
It is expected that the domestic phenol market will be consolidated and operated horizontally today.
On February 8, the offer of phenol in various markets across China is as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
7,700 |
-50 |
|
Shandong |
7,850 |
0 |
|
Yanshan and surrounding areas |
7,850 |
-20 |
|
South China |
7,750 |
-30 |
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