SunSirs: On April 18th, the Domestic Phenol Market Saw a Narrow Rise
April 19 2023 10:24:18 SunSirs (John)
Analysis review
The focus of the domestic phenol market is on the rise. Although demand is mostly in demand, considering factors such as cost and monthly average prices, traders opened higher in the early trading session, with little interest in selling. The enthusiasm of terminal enterprises to enter the market is not high, and the market transactions are mostly small orders.
Market outlook
It is expected that the market will continue to strengthen on April 19th, with a reference price of 7,500-7,600 RMB/ton in the East China region.
The quotation situation of phenol in various markets across the country on April 18th was as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
7,550 |
50 |
|
Shandong |
7,550 |
50 |
|
Yanshan and surrounding areas |
7,550 |
50 |
|
South China |
8,050 |
100 |
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