The domestic phenol market continues to show an upward trend. In the morning of the 20th, the listed price of Lihuayi Weiyuan was raised to 8,000 RMB/ton, while the listed price of Sinopec East China phenol was executed at 7,800 RMB/ton. The high cost supports a positive attitude among phenol traders, with strong upward sentiment. The negotiated price in East China has been pushed up to 8,000 RMB/ton, and suppliers still maintain a positive sentiment.
It is expected that the phenol market will continue to rise today, with a focus on price adjustments by enterprises.
On February 19th, the quotations for phenol in various markets nationwide were as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
8,000 |
200 |
|
Shandong |
7,950 |
200 |
|
Yanshan and surrounding areas |
7,950 |
200 |
|
South China |
8,150 |
200 |
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