Phenol market talks deserted

This week, the domestic phenol market continued its weak and sluggish trend, negotiating deserted, sparse trading, and no clear price range. East China market atmosphere is light, the reference price of 10,500 to 10,700 yuan (t price, the same below), the downstream factories to consume inventories, procurement intentions are sluggish, the market is not busy; South China market is running smoothly, the reference price is about 11,000 yuan, trade Traders cautiously traded, the downstream factories are still on-demand purchases, and market transactions are rampant; North China's Yanshan surrounding markets are poor, with reference to the listed price of 11,300 yuan, the downstream start-up load is low, the market is not enough to buy gas, the business will follow the market shipments.

Domestic phenol traders are not optimistic about the market outlook and their attitude is not good. It is expected that the domestic phenol market will still have a slight decline, and it is recommended that businesses should exercise caution and wait and see.

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