The domestic phenol market has shown a broad upward trend, with tight supply, cost support, and high average prices. Factories are actively raising prices. According to the analysis system of Business Society, the national market price was 9275 yuan/ton on September 11th, a daily increase of 11.32%
| Azodicarbonamide (AC foaming Agent) |
Average Price Trend of Phenol Market in Major Regions of China
The quotation of phenol in various markets across the country on September 11th is as follows:
Region/. Quotation./Day Up/Down
East China region/ 9250/250
Shandong region/ 9280./330
The surrounding area of Yanshan/ 9250/330
South China region/ 9450./400
The factory has raised the listing price in a centralized manner. Among them, Sinopec’s East China phenol quotation has been increased by 400 yuan/ton, implementing a price of 9200 yuan/ton, while Sinopec’s North China phenol quotation has been increased by 400 yuan/ton, implementing a price of 9200 yuan/ton. After multiple increases in factory prices, there was little spot pressure on the market, and traders were reluctant to sell and offer higher prices.
| povidone Iodine |
The cost support is strong, and the raw material market is rising. Pure benzene is negotiated at 8500-8650 yuan/ton, and downstream styrene profits have been restored, leading to an increase in factory procurement in the market. With the rapid rise of pure benzene to a high level in recent times, cost support has increased, and factory cost has increased. Actively raising prices is in line with market prices. Be cautious in chasing up high prices at the terminal, prioritize hard demand, and have limited trading volume.
From the perspective of the business community, the raw materials sector remained strong in September. Although domestic units Wanhua Chemical and Changchun Chemical have maintenance plans, downstream configuration units are also undergoing maintenance, which has little impact on market supply. Downstream phenolic resin is expected to weaken during the high temperature off-season, and demand may improve. It is expected that the market will remain strong in September and operate at a high level in the short term, with discussions ranging from 9250 to 9350 yuan/ton.
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