SunSirs: In mid-May, the Domestic Phenol Market was Weak and Downward.
May 21 2025 09:58:00
The domestic phenol market was weak and downward. According to data monitored by SunSirs, in East China, for example, the price of phenol was quoted at 6,972 RMB/ton on May 14, and the phenol market in East China fell to 6,680-6,700 RMB/ton on May 20.
Benzene, the raw material of phenol, continued to fall. The negotiated price of benzene in East China was 6,050-6,150 RMB/ton. After a slight increase in North China, the downstream buying interest was not good, and the decline of downstream styrene widened. The confidence in the benzene market was insufficient, the cost side was bearish, the downstream participation was limited, and the market trading atmosphere was light.
The domestic phenol-ketone operating rate was 75%, and the profits of phenol-ketone enterprises were still on the edge of the loss line. In the short term, both the cost and demand sides performed poorly. It is expected that the phenol market will be light in the short term, and further attention should be paid to the fluctuations in cost and supply and demand.
As of the 20th, the phenol quotations in the mainstream markets across the country are as follows:
|
Area |
20-day Quote RMB/ton |
Weekly ups and downs RMB/ton |
|
East China |
6680 |
-150 |
|
Shandong region |
6800 |
-100 |
|
Areas around Yanshan |
6800 |
-100 |
|
South China |
6750 |
-150 |
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
- 2025-06-03 SunSirs: In May, the Domestic Phenol Market Fell more than Rose
- 2025-05-07 SunSirs: On the First Day after the Holiday, the Focus of the Phenol Market declined
- 2025-05-06 SunSirs: The Phenol Market Mainly Experienced a Decline in April
- 2025-03-25 SunSirs: Factory Price Reduction, Domestic Phenol Market Was Weakly Downward
- 2025-02-12 SunSirs: The Domestic Phenol Market Continued to Rise
