SunSirs: Domestic Phenol Prices Generally Declined on March 17
March 18 2026 13:49:13 SunSirs (John)
Pricing Overview
On March 17, the benchmark price for phenol, as reported by SunSirs, stood at 8,800.00 RMB/ton—an increase of 32.33% compared to the beginning of the month (6,650.00 RMB/ton).
As of March 17, phenol price quotes across various domestic markets are as follows:
East China: 8,700 RMB/ton (-30 RMB/ton)
Shandong Region: 8,800 RMB/ton (-200 RMB/ton)
Yanshan Surrounding Areas: 8,900 RMB/ton (-100 RMB/ton)
South China: 8,800 RMB/ton (-200 RMB/ton)
Analysis and Commentary
On March 17, Spot prices for phenol declined across markets nationwide: prices in East China fell by 30 RMB/ton to 8,700 RMB/ton; in the Shandong region, they dropped by 200 RMB/ton to 8,800 RMB/ton; in the Yanshan surrounding areas, they decreased by 100 RMB/ton to 8,900 RMB/ton; and in South China, they fell by 200 RMB/ton to 8,800 RMB/ton. This trend reflects either ample market supply or sluggish demand, resulting in increased downward pressure on spot prices and exerting a generally bearish influence on spot market conditions.
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