Daily Chemical News Recommendation (Mar 30, 2018)
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> How Will the Anti-Dumping Influence the Chinese Phenol Market?
On March 26, 2018, China's Ministry of Commerce announced that it has started an anti-dumping investigation into imported phenol from the United States, European Union, Republic of Korea, Japan and Thailand.
The ministry received an application for an inquiry from domestic producers, who accuse foreign manufacturers of dumping phenol on the Chinese market at prices below their fair value, according to an official statement.
> China Refined Oil Prices Hovered at Highs
China Refined Oil Prices Hovered at Highs
Recently, the overall international crude oil prices fluctuated upward. Therein, according to the IEA monthly report, the global demand for crude oil in 2018 will grow to some extent, lifting the international crude oil prices. Besides, the geopolitical risks gave some support to the increase in the international crude oil prices.
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