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Home > News > Paint & Coating News > Phenol introduction: on October 15, the focus of domestic phenol market was weak

Phenol introduction: on October 15, the focus of domestic phenol market was weak

ECHEMI 2019-10-23

paint-products

Phenol Introduction: Yesterday, the focus of domestic phenol market was weak. As the price difference between the market and the factory widened, there was no enthusiasm for buying in the downstream market, traders' mentality was unstable, they actively let the price, and the factory also appropriately lowered the offer to make up the decline. At present, the phenol and ketone factory still has profit and insufficient cost support, while the downstream demand has not improved, and the just need negotiation gradually tends to be low. Future market forecast: in the short term, it is hard to find good profits, the pressure of traders' shipment is large, the mentality is weak, and phenol may still have downward space. 

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