SunSirs: Early Forecast of Domestic Phenol Market on October 23rd
October 23 2024 10:58:29 SunSirs (John)
Price trend
Sinopec's East China phenol listing price remains stable at 7,750 RMB/ton.
Analysis review
The domestic phenol market has been boosted narrowly, and the spot supply is still tight, with little supply pressure. Considering the high average contract price, traders' willingness to offer discounts has weakened, and terminal participation is generally moderate. Downstream demand is dominant, and the domestic phenol market is operating steadily.
Market outlook
It is expected that the phenol market will remain stable today, and attention should be paid to the cost and supply and demand situation.
The phenol offers in various markets across the country on October 22nd were as follows:
East China region: 7,700 RMB/ton, unchanged
Shandong region: 7,700 RMB/ton, unchanged
Surrounding area of Yanshan Mountain: 7,750 RMB/ton, unchanged
South China region: 7,750 RMB/ton, unchanged
If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 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
- 2025-11-13 SunSirs: Since November, the Phenol Market Experienced a Wide Decline and Then Gradually Stabilized
