On November 8, the national phenol market continued to be weak. Sinopec East China phenol was quoted at 9,500 RMB/ton, and the negotiated prices of major mainstream markets also fell to varying degrees. The market terminal buying interest was not good, and the shipping pressure of the cargo holders was high.
The phenol market is expected to remain weak today, and the reference price in East China is expected to be 9,350-9,450 RMB/ton.
On November 8, phenol offers in various markets across the country were as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
9,430 |
-20 |
|
Shandong |
9,600 |
0 |
|
Yanshan and surrounding areas |
9,600 |
0 |
|
South China |
9,480 |
-100 |
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