In September, domestic phenol rose unilaterally and continued to rise this week driven by raw materials. According to the monitoring data of business agency, the average price of phenol in China was 9337 yuan / ton on September 6, 9487 yuan / ton on September 13, an increase of 1.61% in the week. Up to now, the offers of major mainstream markets are as follows: 9480 yuan / ton in East China, 9450 yuan / ton in Shandong and Yanshan, The offer in South China is 9600 yuan / ton.
Trend chart of average phenol price in the national market
Trend chart of phenol commodity ex factory price index in East China in 2021
It can be seen from the price trend of phenol in 2021 that at present, phenol is within a reasonable price range, and phenol has been adjusting in the range since the second quarter. In September, domestic phenol factories raised their offers intensively, which increased the confidence of the market. Although the port stock increased, the output of overseas devices decreased in September and the domestic supply is expected to increase. Considering that some export cargo holders are not in a hurry to ship, there is no pressure on the short-term supply side, and most low prices do not increase the market quotation by a narrow margin, in terms of devices, In September, the operating rate of domestic phenol ketone units changed little, ranging from 85% to 90%. In September, Zhejiang Petrochemical Unit had a shutdown maintenance plan.
On the raw material side, pure benzene rose sharply today. Last weekend, Shandong even inspected the environmental impact of some units. The downstream bidding significantly pushed up the raw materials. Due to the delay of Hong Kong shipping in East China affected by the typhoon, pure benzene rose sharply today. The sharp rise of raw materials must have a great impact on the mentality of downstream traders in the industrial chain. Phenol holders may be reluctant to sell, and the negotiation is gradually close to the high-end, But the trading volume is insufficient. The downstream bisphenol a market fell significantly. Recently, although the market offer continued to decline under the condition of insufficient supply expectation, today’s offer reached 27000-27100 yuan / ton. Bisphenol A is mostly Petrochemical supporting devices, which has little impact on the phenol Market, phenolic resin and other downstream changes, and the overall demand is stable.
From the perspective of the business community, the rapid rise of pure benzene has exacerbated the wait-and-see mood in the phenol Market. Although the terminal procurement is general, the cargo holders intend to make profit in the morning, the short-term replenishment volume is small, the supply of domestic cargo holders is not pressure, and the cargo holders are still bullish on the market. The business community expects that the phenol market will still have good expectations in the short term and keep a narrow rise expectation, The reference offer in East China is 9500 yuan / ton.
| Thiourea |