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SunSirs: Morning Forecast of Domestic Phenol Market on December 9
December 09 2022 09:50:48SunSirs(John)

Price trend

Analysis review

On August 8, the domestic phenol market continued to rise, and the arrival of cargoes concentrated. The mentality of the cargo holders could still push up the offer. The terminal followed up just in needed, and the focus of the negotiation was slightly improved. The market trading situation was general.

Market outlook

It is expected that the domestic phenol market will fluctuate in a narrow range and continue to pay attention to the supply and demand situation.

On December 8, phenol offers in various markets across the country were as follows:

Area

Quotations (RMB/ton)

Daily Change (RMB/ton)

East China

8,250

20

Shandong

8,450

200

Yanshan and surrounding areas

8,400

150

South China

8,300

50

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