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On June 14, the domestic phenol market price hit a new low in recent yea.
"This rebound in the market may seem unexpected, but it is actually the result of the accumulation of momentum in the market over the past few da.
anti-dumping promotion
anti-dumping promotionAt the end of May, the Ministry of Commerce issued Announcement .
Han Hongwei, vice president of Henan Petroleum and Chemical Industry Association, said that after the release of this news, since the imported phenol in June was all orders before May, it did not significantly benefit the domestic mark.
Raw material prices rise
Raw material prices riseThe reporter learned from domestic importers and exporters that the global price of pure benzene rose collectively last week, which also brought support to the phenol mark.
Asian benzene prices rose on strong support from US pric.
From a domestic point of view, on June 21, the listed price of Sinopec pure benzene was raised twice this month to 4,750 yuan, and the rebound trend continued due to the rising international market, and the quotations of various enterprises were fi.
Traders reluctant to sell
Traders reluctant to sellAccording to Yan Shaoqi, a trader from Henan, the mainstream large traders in East China have not been able to deliver goods smoothly recently, and some intermediaries need to make replenishment and delivery orders, which has led to a heated buying atmosphere and prices have continued to ri.
Regarding the next trend of the market, he believes that Sinopec's pricing trend will play a certain leading ro.
It is worth noting that although there are still traders who want to continue to push up the price of phenol, there are no very strong favorable conditions in the market, and all parties still have differences on the market outlo.
At the same time, in the downstream bisphenol A plant, Nan Ya Plastics stopped for maintenance on June 2 It is expected to last for one month, and the demand may still shri.
Industry insiders said that at present, domestic phenol factories are still operating at high load, with a comprehensive operating rate of about 9
