Trend chart of average price of phenol in the national market
During the week, the domestic phenol market was first improved and then suppressed. At the end of July, several major domestic factories successively issued shutdown and maintenance news, and some of them suspended supply during the shutdown period, and contracted households reduced supply. Stimulated by the favorable supply side, the phenol market quotation was strong and rising, and the downstream inquiry was actively replenished. The suppliers were even more difficult to make profit with low price. The market in East China rapidly increased by 9300 yuan / ton from 9100 yuan / ton on July 28, The increase was more obvious in other mainstream regions. However, the crude oil fell sharply in the middle of the week, and after the general rise of the factory on Wednesday, the traders reported high and low intentions. With the decline of the downstream replenishment mood, the trading in the market was in a cold state, and the actual transaction fell. The phenol Market in East China dropped to 8880 yuan / ton.
Phenol offers in various markets throughout the country during the week are as follows:
Region, quotation, weekly rise and fall
East China, 8880, – 300
Shandong Province, 9150, 50
Surrounding areas of Yanshan mountain, 9150, 50
South China, 9000, 250
The second phase of Zhejiang Petrochemical will be restarted next week. Considering the decline of domestic plant operation rate, the overall impact on supply side is not great. However, considering that there is not much room for the cost side to continue to decline, the carriers may continue to make firm offers, but the terminal downturn demand situation is difficult to change. The business community expects that the phenol market will rise and fall next week, and the overall negotiation will be adjusted in the range of 8850-8950 yuan / ton.
| Thiourea |