Phenol Guide: July 17 Domestic Phenol Market deadlock
Phenol Guide: Yesterday, the domestic Phenol market was deadlocked, the news was quiet, the raw material pure benzene and PROPYLENE were still strong, the cost pressure was high, the low price sentiment was strong, the negotiations were deadlocked, but the enthusiasm of downstream replenishment was not high, phenol lacked opportunities for upward, traders were calm and persevered. Steady operation is the main method. Future forecast: short-term multi-empty interweaving, but it is difficult to compromise under cost pressure, phenol or continued consolidation.
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