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Home > News > Price Trends > Business Society’s Phenol Trend Analysis for September 16, 2026: Generally Downward

Business Society’s Phenol Trend Analysis for September 16, 2026: Generally Downward

ECHEMI 2026-09-16

September 16th, news:

On September 15, 2026, the mainstream phenol manufacturers in China generally lowered their quotations, with the daily price adjustment range concentrated between 100-500 CNY/ton. Based on the average difference indicator, the current phenol price is in a retracement phase with a slightly bullish trend. The price over a 1-year period is at a mid-to-high level, and the subsequent upward space is relatively limited.

Phenol Market Price Trend Daily Report (September 15, 2026)

The latest available data is up to September 15, 2026. It is recommended to refer to real-time data.

I. Table of Mean Difference Changes

Average Difference Type Today's Value (2026.09.15) Yesterday's Value (2026.09.14) Direction of Change
5-Day Average Difference (D5) -290.00 -355.00 +
10-Day Average Difference (D10) 389.00 471.00 -
20-Day Average Difference (D20) 376.00 352.75 +

II. Signal Status Determination

When the directions of the three current divided differences are combined as (+, -, +), this corresponds to a pullback (slightly bullish) signal.

III. Conclusion on Trend Direction

The current price trend is oscillating. Reason: The direction of change in the 5-day, 10-day, and 20-day moving averages compared to the previous day is not entirely consistent, meeting the criteria for an oscillating trend. Currently, it is in a retracement phase with a bullish bias.

IV. Positional Spatial Reference

Phenol prices in China over a 1-year period are at a mid-high level (corresponding to the 4th tier out of 5 tiers), with limited room for further increases.

Five, Spot Market Dynamics in China

On September 15, 2026, mainstream Chinese phenol producers generally adjusted their quoted prices:

Sinopec has reduced its benzene phenol listed price in East China by 400 CNY/ton, setting it at 9200 CNY/ton for cash on delivery. This adjustment is uniformly applied to its subsidiaries including Zhenhai Refining & Chemical and Gaoqiao Petrochemical.

Longjiang Chemical, Meiyiwei Chemical (Shanghai), and Sino-Saudi Tianjin Petrochemical have all reduced their phenol prices by 500 CNY/ton, with new prices at 9,400 CNY/ton, 9,200 CNY/ton, and 9,200 CNY/ton, respectively.

Shenghong Refining & Chemical has lowered the listed price of phenol by 100 CNY/ton, with the new price standing at 9,150 CNY/ton. Jiangsu Ruiheng New Materials has also reduced the price of phenol by 150 CNY/ton, setting the new price at 9,150 CNY/ton.

Lihua Yiyuan Chemical’s ex-factory settlement price for phenol is 9,300 CNY per ton, while Zhejiang Petrochemical’s phenol price is 9,400 CNY per ton, with self-collection at the Jiangyin warehouse.

Currently, the phenol and acetone plants of various manufacturers in China are basically operating normally, with overall inventory levels within a reasonable range. Shipments are mainly to contract users, with some for internal use.

6. Price Trend Chart for the Past Year

Risk Warning

The above analysis is for reference only and does not constitute trading advice.

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