Introduction to phenol: January 2: interval deadlock in domestic phenol market
Introduction to phenol: Yesterday, there was a stalemate in the domestic phenol market. Most of the traders' contracts had been completed. The tentative firm price was dominant and it was not easy to find a low price. However, the downstream replenishment enthusiasm was not high and the substantive transactions were limited. We kept a wait-and-see attitude, new contract cycle, traders or inertia firm price. Aftermarket forecast: pay attention to the follow-up situation of downstream buying, and expect the market range to be consolidated.
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