Price Trend
This week, the domestic phenol Market is very competitive. According to the monitoring data of business associations, up to now, phenol petrochemical plants in eastern China have offered 7600 yuan/ton and local market 7600 yuan/ton.
| Melamine |
II. Analytical Review
Products: This week’s domestic phenol Market is strong or narrow, petrochemical manufacturers issued an increase of 100 yuan/ton at the beginning of the week, the mentality of traders in all regions was boosted, and the East China region was boosted, but near the end of the month, the contract was basically completed, with no pressure on delivery, and the offer was reduced. Downstream more just need to follow up, trial order transactions reduced. Less than 80% of phenol and ketone enterprises started construction, Xisa Chemical Company stopped for 4 days on the 29th. The port stock is 39500 tons.
Up to now, the market offers are as follows: the mainstream reference offer in East China is 7600 yuan/ton, the Yanshan region is 7700 yuan/ton, the Shandong region is 7650 yuan/ton, the Henan region is 7900 yuan/ton, and the South China region is 7900 yuan/ton.
| EDTA |
Industry Chain: This week, Sinopec’s pure benzene listing was raised by 100 yuan, the price was 5300 yuan / ton, and the price of propylene in East China was lowered by 100 to 7450 yuan / ton. Downstream domestic BPA started stable at 80%, phenolic resin factory fluctuation is small, on-demand procurement.
3. Future Market Forecast
Domestic phenol Market Consolidation and operation, Lihua Yi Phase II bisphenol A plant is planned to put into operation, phenol will continue to be shipped in limited quantities, Shandong supply shortage, East China port cost pressures, low-price shipment intention is not big, or strong price intention, business associations expect the domestic phenol Market Consolidation and operation next week, East China offer 7600 yuan/ton.
| Azodicarbonamide (AC foaming Agent) |