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Home > News > The domestic phenol market rose slightly

The domestic phenol market rose slightly

2017-01-13

The dates from ECHEMI shows that, on Jan. 12th, the domestic polymetric MDI keep the trend of upward.

On the aspect of products, the supplier side with tight supply and also this pattern will extend in the near future, at the same time, the one who owns goods are unwilling to sell goods to wait the market outlook turn bullish, since the psychology is too heavy, judging from scattered quotations, we can see that the price at high level, what’s more, action of buyers and sellers are become cautious.  

On the aspect of industry chain, the price of Sinopec’s benzene raised formally on Jan. 9th, concerning the cost, on Jan. 10th, the Aniline market with a narrow range. The customers downstream can get goods normally, but along with the market price going up, fear has pervaded. At the present, mostly are rigid demand to purchase goods, but the firm orders going slowly.

Forecast: Since the shortage of stock in current market, and also, the stock goods in owners is limited. In the short term, it is said that the market maybe lasts going up.



Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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