Phenol Guide: Oct. 14, China's phenol Market is weak

Toluene Guide: Yesterday, the domestic toluene Market shocked, oil price rise boosted the market quotation to explore upward, but the demand side was flat, but the peripheral Sino-US trade negotiations released good, the phase of good energy performance increased, and inventory growth was lower than expected, restricting market callback space, high market turnover pressure, short-term market is long and empty. Saws exist. The reference price in East China is around 6380-6400 CNY/ton. Future market forecast: the recent single-day rise and fall of the market is larger, pay attention to the changes in the news, and predict that the consolidation of market turbulence may exist.
2026-10-23
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