SunSirs: On July 2nd, the Domestic Phenol Market Stopped Falling
July 03 2024 10:57:18 SunSirs (John)
Price trend
On July 2nd, Sinopec's East China phenol listing price was lowered by 150 RMB/ton, resulting in a reduction of 8,200 RMB/ton, while Sinopec's North China phenol listing price was lowered by 100 RMB/ton, resulting in a reduction of 8,200-8,250 RMB/ton.
Analysis review
On July 2nd, the phenol market continued to decline, and factories followed suit by lowering their listed prices. On July 2nd, the market saw a halt in the decline in East China, continued to decline in North China and Shandong, and remained relatively stable in South China.
On July 2nd, the offer of phenol in various markets across the country was as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
8,150 |
|
|
Shandong |
8,100 |
-50 |
|
Yanshan and surrounding areas |
8,100 |
-50 |
|
South China |
8,200 |
-50 |
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2025-12-31 SunSirs: In the Fourth Quarter, the Domestic Phenol Market Experienced a Sharp Decline, Reaching a Five-Year Low
- 2025-12-22 SunSirs:Since December, the Domestic Phenol Market Experienced an Accelerated Decline Followed by a Period of Low-Level Fluctuations
- 2025-12-12 SunSirs: The Phenol Market Saw More Declines Than Increases in November
- 2025-12-09 SunSirs: Since December, the Domestic Phenol Market Was Experiencing a Significant Decline
- 2025-11-25 SunSirs: The Domestic Phenol Market Rose and Then Fell Back Last Week
