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Home > News > Paint & Coating News > On December 31, the domestic phenol market was strong and narrow

On December 31, the domestic phenol market was strong and narrow

ECHEMI 2020-01-03

Introduction to phenol: Yesterday, the domestic phenol market was narrow and firm, the traders' mentality was flat, and there were not many stocks at the end of the month. In addition, they had expectations for the downstream stock, which was low and unintentional. The offer was high, and the center of gravity was slightly strong. However, the overall buying atmosphere in the downstream was still weak, so it was necessary to maintain the rigid demand for purchase, and there was no substantive good demand. Future market forecast: phenol is lack of power, new year's Day is approaching, and the short-term period is dominated by concussion and consolidation.

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