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Home > News > Paint & Coating News > Phenol introduction: on October 23, domestic phenol Market negotiation was weak

Phenol introduction: on October 23, domestic phenol Market negotiation was weak

ECHEMI 2019-10-30

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Phenol Introduction: Yesterday, the domestic phenol market negotiation was weak, and the downstream replenishment enthusiasm was not high, but the trend has slowed down. Although traders intended to maintain stability, the focus of the negotiation was still weak when the goods were not smooth. Due to cost pressure, manufacturers gave concessions with restrictions, but the lack of demand was good, traders had different attitudes, and phenol rebounded hard. Future forecast: at present, there is no new negative to continue to explore, phenol short fall is not significant, coupled with the lack of demand for good support, phenol or temporarily low volatility. 

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