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SunSirs: On September 6, the Mainstream Phenol Market across China Increased

September 07 2022 09:00:03     SunSirs (John)

On September 6, the quotations of phenol in various markets across China were as follows:

Area

Quotation (RMB/ton)

Daily change (RMB/ton)

East China

10,050

+100

Shangdong

10,100

+100

Yanshan and surrounding areas

10,050

+100

South China

10,250

+250

Analysis review

The domestic phenol market continued to rise, and the tight supply situation was difficult to ease. The supply side of the washing tower of Zhejiang Petrochemical's Phase I phenol and ketone plant is expected to be tight. As shown in the above table, the major mainstream markets have pushed up, with active terminal inquiries and cautious real orders, and the acceptance of high prices for continuous increases was limited.

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