SunSirs--China Commodity Data Group

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SunSirs: The Logistics Iimproved Not Much and the Atmosphere of Phenol Market Was Flat on February 13

February 14 2020 08:59:18     SunSirs (John)

Trade name: phenol

East China market (February 13): 7,450 RMB/ton

Analysis review   

The atmosphere of phenol Market in China is flat. At present, logistics has a great impact. Although some downstream factories are going back to work or will start work next week, the operation rate needs to be improved. Short term purchase intention is not great, and the pressure of delivery by the cargo holders is large. As a whole, short-term transactions affected by logistics are difficult to improve. It is expected that the atmosphere of phenol Market in China will be flat, and the negotiation range of phenol Market in East China will be 7,500-7,550 RMB/ton.

 

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