The Factory has Been Raised, and the Phenol Market has Continued to Rise.
1. At the opening in the morning, Lihua Yiweiyuan raised the listing price, and phenol was raised by 300 yuan and executed by 9,000 CNY/ton. Factories continued to control their shipments, and local traders followed suit.
2. Subsequently, Huizhou Zhongxin’s 300,000 tons/year phenol ketone plant was shut down for maintenance on July 20. The restart time is still uncertain, and the platform will continue to pay attention to the trend.
3. In the afternoon, Sinopec East China, Gaoqiao Petrochemical's phenol increased by 300 yuan and executed 8900 CNY/ton. Sinopec Mitsui raised 300 to 8900 CNY/ton. Zhejiang Petrochemical's phenol was raised by 200 to 9,000 CNY/ton, and the second phase of Zhejiang Petrochemical's 650,000 tons/year has not been restarted after yesterday's breakdown, and the time is to be determined.
Although the price adjustment of other factories has not yet been released, the market situation has fully shown that the market continues to rise today. Up to now, the price in the East China market has pushed up to 9,300 CNY/ton, but it is understood that downstream enterprises have increased inquiries but few transactions have been made, and a wait-and-see atmosphere It is heavy and takes time to digest. The stockholders' offers were high, and the trading in the market was deserted. Continue to pay attention to on-site purchases and fluctuations in raw materials.
Looking for chemical products? Let suppliers reach out to you!
2026-06-20
-
Paint & Coating Industry Overview Mar.2025
This issue provides analysis of the European and German coatings markets, as well as the latest monthly reports and price trends of coatings-related chemical raw materials. Support online permanent download.Published in: Mar.2025
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
ECHEMI High Quality Inquiries (30 Aug-4 Sep)
-
Mitsui Chemical decided to close the Phenol production line at its Ichihara plant in Japan
-
How to Convert Phenol to Picric Acid?
-
The European cumene market continues to be weak
-
The domestic phenol market may bottom out
-
INNEX acquires Mitsui Singapore Phenol for $330 million
-
$330 Million! INEOS Acquires Mitsui Phenol Singapore
-
Tight Prices Rise, the Domestic Phenol Market Rises Again
-
LG Chem Exports Bio-based Phenol and Acetone
-
Formaldehyde VOC Climate Chamber
Recommend Reading
-
INEOS Inovyn Moths Methyl Chlorocarbonate Production Facility in Tavaux, France
-
China Suspends Sulfuric Acid Exports, Global Copper and Fertilizer Supply Under Strain
-
Titan Technology Makes Bold Move with 55.85 Million Yuan Acquisition of UK Biochemical Firm ASL — What's Behind the Deal?
-
Covestro Unveils TPU Application Development Hub in Guangzhou, Strengthening Regional Innovation Network
-
BASF Partners with Sinopec to Accelerate Application of Biomethane at Nanjing
-
November Natural Rubber Market Prices Fluctuate and Rise Slightly in China
-
November Butadiene Rubber Market Trend Fluctuates and Declines in China
-
November Cost and Demand Game, Polyester Bottle Chip Prices Fluctuate
-
Calcium Propionate Uses: Food Preservation & Industrial Applications
-
Costs Decline and Demand Weakens, EVA Market in China Shows a Weak Downward Trend in November