SunSirs: On December 4th, the Domestic Phenol Market Had Limited Fluctuations
December 05 2023 14:02:25 SunSirs (John)
Price trend
The domestic phenol market has remained stable with little movement, and domestic factories had lowered prices by 100 RMB/ton to 8,000 RMB/ton.
Analysis review
At the beginning of the week, the port inventory was 15,000 tons, and there was not much supply pressure. T The trader tried high prices in the morning, but the buying enthusiasm was not good. Subsequently, factories lowered their listing prices, traders offered discounts to ship, and downstream followed on demand. The overall market trading volume was average.
On December 4th, the quotations for phenol in various markets nationwide were as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
7,950 |
0 |
|
Shandong |
8,030 |
30 |
|
Yanshan and surrounding areas |
8,030 |
30 |
|
South China |
8,250 |
0 |
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