SunSirs: The Phenol Market in Mainstream Areas of China Weakened on September 12th,
September 13 2024 13:43:13 SunSirs (John)
The phenol offers in various markets across the country on September 12th are as follows:
East China region: 8,950 RMB/ton, down 50 RMB/ton
Shandong region: 9,050-9,100 RMB/ton, down 50 RMB/ton
Surrounding areas of Yanshan: 9,000 RMB/ton, down 50 RMB/ton
South China region: 9,000 RMB/ton, down 50 RMB/ton
On the 12th, the market continued to be weak, with prices in the East China region mostly ranging from 8,950-9,000 RMB/ton, increasing the pressure on traders to ship. The current external environment was weak, terminal procurement demand was cautious, traders were cautious in offering discounts for shipments, and transactions were rare.
It is expected that the phenol market will remain stable and decline on September 13th, and attention should be paid to the supply and demand fundamentals and transaction situation.
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
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