August 25 news
Today, the phenol market in China is showing signs of stagnation, with the 1-year cycle price at a mid-range level and the 60-day and 3-month cycles at a mid-high range. Recently, several phenol and acetone production companies in China have increased the factory prices of phenol, and their facilities are operating normally. The overall inventory levels are manageable, but the short-term market trend is expected to be volatile and slightly bearish.
Phenol Market Price Trend Analysis Daily Report
I. Table of Mean Difference Changes
| Average Difference Type | Today's Value (2026-08-24) | Yesterday's Value (2026-08-23) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 9.25 | 9.00 | + |
| 10-Day Average Difference (D10) | 80.25 | 104.25 | - |
| 20-Day Average Difference (D20) | -101.38 | -144.88 | + |
II. Signal State Determination
The current combination of average difference changes is (+, -, +), which belongs to a stagflation warning (bearish) signal.
III. Conclusion on Trend Direction
The price trend is oscillating, reason: the direction of change of the three averages compared to the previous day is not entirely consistent. The 5-day average and the 20-day average show a positive change, while the 10-day average shows a negative change. There is no clear unified indication of an upward or downward trend, which meets the criteria for an oscillating market.
IV. Positional Spatial Reference
1 year cycle price position: median, with relatively balanced room for increase and decrease;
60-day cycle, 3-month cycle price position: at a relatively high level, with further upward space somewhat limited.
Five, Trend Chart Display
Six, Supplement to Market Dynamics
On August 20, 2026, the phenol price of Yangzhou Shiyi increased by 200 CNY/ton to 8,400 CNY/ton (effective from August 19), with its 320,000 tons/year phenol and acetone plant operating normally. The main shipments are contract-based, and the inventory level is not high. The phenol price of Shandong Fuyu Petrochemical increased by 50 CNY/ton to 8,250 CNY/ton, with its 250,000 tons/year phenol and acetone plant operating normally. The inventory is moderate, and shipments are according to plan. The ex-factory settlement price of phenol from Lihuayi Weiyuan Chemical increased by 50 CNY/ton to 8,350 CNY/ton (effective from August 19). Its two sets of phenol and acetone plants, with a combined capacity of 700,000 tons/year, are operating normally, and shipments are according to plan.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
