August 11th, according to reports
On August 10, 2026, the prices of major phenol manufacturers in China were generally reduced, with companies such as Sinopec North China and Zhongsha Tianjin Petrochemical adjusting their prices by 150-200 CNY per ton. The average difference indicator shows that the current phenol market is in a weak rebound (bearish) fluctuation, with the 1-year cycle price at the mid-level, and the 60-day and 3-month cycles at the mid-high level. Subsequently, attention should be paid to changes in plant operations and supply and demand along the industrial chain.
Phenol Market Daily Report (August 10, 2026)
I. Table of Mean Difference Changes
Difference Type Today's Value (2026-08-10) Yesterday's Value (2026-08-09) Direction of Change
5-day average difference (D5) -64.50 -130.00 +
10-day average difference (D10) -77.75 -13.75 -
20-day average difference (D20) 140.50 160.00 -
II. Signal Status Determination
The current mean difference change direction combination is (+, -, -), which is a weak rebound (bearish) signal.
III. Conclusion on Trend Direction
The price trend is characterized by volatility. Reason: The directions of change in the three moving averages (5-day, 10-day, and 20-day) are not entirely consistent with each other compared to the previous day, failing to meet the criteria for a clear trend. Therefore, the market is classified as volatile, and the signal points toward a weak rebound with a bearish bias.
IV. Positional Spatial Reference
60-day cycle price position: mid-high, with limited upside potential
Price position for the 3-month cycle: Mid-to-high range, with limited room for further increases.
1 year cycle price position: median, with relatively balanced room for increase and decrease
Five, Display of Trend Chart
Six, Supplementary Market Dynamics
Manufacturer price adjustments: On August 10, Sinopec North China's phenol list price was reduced by 200 CNY/ton to 8,500 CNY/ton; Sino-Saudi Tianjin's phenol price was reduced by 200 CNY/ton to 8,500 CNY/ton; Lihuayi Weiyuan's phenol factory price was reduced by 150 CNY/ton to 8,550 CNY/ton; Shandong Fuyu Petrochemical's phenol price was reduced by 150 CNY/ton to 8,450 CNY/ton.
Plant operations: The 350,000-ton/year phenol-ketone unit at Sino-Saudi Tianjin Petrochemical, the two 700,000-ton/year phenol-ketone units at Lihua Yiwei Yuanyuan, and the 250,000-ton/year phenol-ketone unit at Shandong Fuyu Petrochemical are all operating normally. Suppliers are shipping according to schedule, and inventory levels are generally stable.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
