SunSirs: Morning Forecast of Domestic Phenol Market on December 8
December 08 2022 10:10:42 SunSirs (John)
Price trend
Analysis review
On the 7th, the domestic phenol market continued to rise, and on the morning of the 8th, Lihuayi raised the price of phenol again. Factories have increased, but terminal participation was limited. Enquiries had increased but actual orders were limited. In the afternoon, with the arrival of offshore ships, the purchasing wait-and-see increased, and the shipping strength of the cargo holders was restricted.
Market outlook
It is expected that the domestic phenol market will fluctuate in a narrow range.
On December 7, phenol offers in various markets across the country were as follows:
|
Area |
Quotations (RMB/ton) |
Daily Change (RMB/ton) |
|
East China |
8,250 |
100 |
|
Shandong |
8,250 |
50 |
|
Yanshan and surrounding areas |
8,250 |
0 |
|
South China |
8,250 |
50 |
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