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Home > News > Paint & Coating News > On November 5, the focus of domestic phenol market was weak and fluctuating

On November 5, the focus of domestic phenol market was weak and fluctuating

ECHEMI 2019-11-13

China-ECH

Phenol guide reading: Yesterday, the focus of Phenol market was weak and fluctuating, the pressure of traders' shipment was large, the mentality was slightly unstable, they actively walked in the goods, the low price was frequently detected, the mainstream was not easy to maintain stability, but supported by the cost, the downward space was limited, the downstream buying enthusiasm was weaker, and the actual single transaction was fresh. Reference price in East China is 7400-7450 CNY/ton, reference price in South China is 7800 CNY/ton, and reference price in North China is 7400-7450 CNY/ton. Future forecast: the trend of raw materials pure benzene and PROPYLENE is not optimistic, lack of good, phenol or continuation of weak pattern. 

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