In April, the domestic phenol market price was first depressed and then increased, and the overall price fell

In April, the domestic phenol market was first depressed and then increased, and the overall decline. According to the monitoring data of business agency, the average offer of domestic phenol market was 10645 yuan / ton on April 1, 10337 yuan / ton on April 30, down 2.89% in the month. On April 21, the domestic phenol Market offered 100087 yuan / ton, with an amplitude of 5.24%. By the end of the month, the offer in East China market was about 10300 yuan / ton, that in South China was 10350 yuan / ton, and that in North China and surrounding areas of Shandong was 10325 yuan / ton

Trend chart of average price of phenol in the national market

The domestic market remained depressed in the early April, but the market remained depressed in the early April. In the first ten days, with the replenishment of port inventory, the inventory increased to nearly 40000 tons, but the logistics pressure is still large, the terminal demand is poor, and the phenomenon of domestic goods urging delivery, the phenol market once fell to 10000 yuan / ton. Then, taking into account the cost pressure, the phenomenon of domestic goods expediting slowed down, the market bottomed out and rebounded, and the cargo holders cautiously explored the rise.

Pure benzene rose after falling in April. On April 1, the price was 8400-8650 yuan / ton (the average price was 8540 yuan / ton); On April 30, the price was 8400-8750 yuan / ton (the average price was 8590 yuan / ton), with a monthly increase of 0.59%, an increase of 17.35% over the same period last year. Affected by public health events, the overall operating load of pure benzene and downstream products decreased, the demand for pure benzene was insufficient, and the price fell continuously. The logistics transportation between some regions is blocked, and the price difference is obvious. In the last ten days of the month, downstream enterprises filled the gap in advance, the market turnover increased, and the price of pure benzene rebounded; In addition, Sinopec’s continuous rise before the festival also gave positive support to the market.

The downstream bisphenol a market fluctuated in a narrow range as a whole, and continued to be 16400-16800 yuan / ton in the month. Due to the limited product supply, it also alleviated the decline in demand caused by the decline in downstream operating rate to a certain extent. The supply is expected to increase in May, and the market may have downward expectations.

In May, the phenol ketone units of Yangzhou Shiyou and Zhongsha Tianjin Petrochemical were overhauled to alleviate the supply pressure. The logistics and transportation are expected to improve in May. The business society expects that the phenol market may have upward expectations in May, but there are frequent ups and downs during the period affected by various uncertain factors.