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    Home > Coatings News > Resin News > Recently, domestic phenol prices have generally risen

    Recently, domestic phenol prices have generally risen

    • Last Update: 2021-04-26
    • Source: Internet
    • Author: User
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    [China Epoxy Resin Industry Online] September 18, the domestic phenol market prices have generally risen, and this week the overall price has been strong at 8,400-8500 yuan/ton.
    Manufacturers are still under pressure to pick up a large number of goods and insufficient shipments; importers have maintained a good sales situation because the overall supply is still low.

    In South China, the market price is about 8400-8500 yuan/ton, up 300-400 yuan/ton from the previous week.
    At present, the overall supply in Fujian is relatively balanced, roughly maintaining a relatively uniform pace with East China.
    It is reported that the price of second-hand packaged phenol in Fujian is 8900 yuan/ton.
    The market price in Guangzhou is currently in a semi-closed state, and the shipping price to old customers is 8,700 yuan/ton.
    According to relevant importers, the current supply is in short supply and the sales are good.

    In East China, the market price is 8300-8500 yuan/ton, up 300-500 yuan/ton from the previous week.
    Gaohua’s ex-factory price was raised by 300 yuan/ton this Tuesday, and is currently at 8300-8400 yuan/ton.
    Last week, importers’ prices continued to rise with market fluctuations, reaching 8,400 yuan/ton at the end of last week, and most of the prices at 8,500 yuan/ton were quoted.
    Taking into account the current affordability of downstream users and the sales pressure of some ocean-going arrivals in late September, some importers currently indicate that there is limited room for phenol to increase at the current price level and the possibility of consolidation is greater.
    In
    North China, the market price is 8030-8130 Yuan/ton, unchanged from the previous week.
    In Northeast China, 7850-7950 yuan/ton, unchanged from the previous week.
    The northern region is currently facing some shipment pressure, and the supply of manufacturers from September to October will be greatly reduced due to the nearly two-month maintenance period of domestic devices.
    Although it is currently the busy autumn harvest season in the north, the impact on the market is said to be not very obvious.
    In Central China, due to limited supply from manufacturers, some customers in Central China currently pick up more goods at ports.
    The current market is around 8700-8800 yuan/ton.
    It is reported that the supply on the market is relatively sufficient due to the inflow of cargo from East China ports.

      From last week to this Wednesday, the ex-factory prices of some manufacturers have been increased accordingly, and the current ex-factory prices of major manufacturers are 8130-8400 yuan/ton.

      Regarding the upstream pure benzene situation.
    Internationally: Last week, the price of pure benzene in Asia continued to drop.
    On September 15, the Korean supplier's offer for September goods was US$420/ton (FOB South Korea’s main port), a decrease of US$10/ton from the previous week; the buyer’s bid price was US$400/ton (FOB South Korea’s main port) , Which is down US$20/ton from the previous week.
    Domestically, the market price in East China is 4200-4300 yuan/ton, down 200-300 yuan/ton from the previous week.

      In summary, the adjustment of the ex-factory prices of major manufacturers has further supported the market price, and the market price of phenol is still optimistic this week.
    In the medium and long term, if the market does not take the initiative to make significant price concessions, the manufacturer's ex-factory prices should not make major adjustments, and it is expected to stabilize the current firm price until the end of the month; for imported goods, what is the end of the month? The arrival of the ship may cause a slight change in the market price.
    After that, the idea that market prices will fall along with Yanshan's drive in November is very common.

    (Contributed by Alibaba Chinese Station)
      [China Epoxy Resin Industry Online] September 18, the domestic phenol market prices have generally risen, and this week the overall price has been strong at 8,400-8500 yuan/ton.
    Manufacturers are still under pressure to pick up a large number of goods and insufficient shipments; importers have maintained a good sales situation because the overall supply is still low.

      In South China, the market price is about 8400-8500 yuan/ton, up 300-400 yuan/ton from the previous week.
    At present, the overall supply in Fujian is relatively balanced, roughly maintaining a relatively uniform pace with East China.
    It is reported that the price of second-hand packaged phenol in Fujian is 8900 yuan/ton.
    The market price in Guangzhou is currently in a semi-closed state, and the shipping price to old customers is 8,700 yuan/ton.
    According to relevant importers, the current supply is in short supply and the sales are good.

      In East China, the market price is 8300-8500 yuan/ton, up 300-500 yuan/ton from the previous week.
    Gaohua’s ex-factory price was raised by 300 yuan/ton this Tuesday, and is currently at 8300-8400 yuan/ton.
    Last week, importers’ prices continued to rise with market fluctuations, reaching 8,400 yuan/ton at the end of last week, and most of the prices at 8,500 yuan/ton were quoted.
    Taking into account the current affordability of downstream users and the sales pressure of some ocean-going arrivals in late September, some importers currently indicate that there is limited room for phenol to increase at the current price level and the possibility of consolidation is greater.
    In
      North China, the market price is 8030-8130 Yuan/ton, unchanged from the previous week.
    In Northeast China, 7850-7950 yuan/ton, unchanged from the previous week.
    The northern region is currently facing some shipment pressure, and the supply of manufacturers from September to October will be greatly reduced due to the nearly two-month maintenance period of domestic devices.
    Although it is currently the busy autumn harvest season in the north, the impact on the market is said to be not very obvious.
    In Central China, due to limited supply from manufacturers, some customers in Central China currently pick up more goods at ports.
    The current market is around 8700-8800 yuan/ton.
    It is reported that the supply on the market is relatively sufficient due to the inflow of cargo from East China ports.

      From last week to this Wednesday, the ex-factory prices of some manufacturers have been increased accordingly, and the current ex-factory prices of major manufacturers are 8130-8400 yuan/ton.

      Regarding the upstream pure benzene situation.
    Internationally: Last week, the price of pure benzene in Asia continued to drop.
    On September 15, the Korean supplier's offer for September goods was US$420/ton (FOB South Korea’s main port), a decrease of US$10/ton from the previous week; the buyer’s bid price was US$400/ton (FOB South Korea’s main port) , Which is down US$20/ton from the previous week.
    Domestically, the market price in East China is 4200-4300 yuan/ton, down 200-300 yuan/ton from the previous week.

      In summary, the adjustment of the ex-factory prices of major manufacturers has further supported the market price, and the market price of phenol is still optimistic this week.
    In the medium and long term, if the market does not take the initiative to make significant price concessions, the manufacturer's ex-factory prices should not make major adjustments, and it is expected to stabilize the current firm price until the end of the month; for imported goods, what is the end of the month? The arrival of the ship may cause a slight change in the market price.
    After that, the idea that market prices will fall along with Yanshan's drive in November is very common.

    (Contributed by Alibaba Chinese Station) [China Epoxy Resin Industry Online] September 18th, the domestic phenol market prices have generally risen, and this week the overall price has been strong at 8,400-8500 yuan/ton.
    Manufacturers are still under pressure to pick up a large number of goods and insufficient shipments; importers have maintained a good sales situation because the overall supply is still low.

      In South China, the market price is about 8400-8500 yuan/ton, up 300-400 yuan/ton from the previous week.
    At present, the overall supply in Fujian is relatively balanced, roughly maintaining a relatively uniform pace with East China.
    It is reported that the price of second-hand packaged phenol in Fujian is 8900 yuan/ton.
    The market price in Guangzhou is currently in a semi-closed state, and the shipping price to old customers is 8,700 yuan/ton.
    According to relevant importers, the current supply is in short supply and the sales are good.   In East China, the market price is 8300-8500 yuan/ton, up 300-500 yuan/ton from the previous week.
    Gaohua’s ex-factory price was raised by 300 yuan/ton on Tuesday, and is currently at 8300-8400 yuan/ton.
    Last week, importers’ prices continued to rise with market fluctuations, reaching 8,400 yuan/ton at the end of last week, and most of the prices at 8,500 yuan/ton were quoted.
    Taking into account the current affordability of downstream users and the sales pressure of some ocean-going arrivals in late September, some importers currently indicate that there is limited room for phenol to increase at the current price level and the possibility of consolidation is greater.
    In
      North China, the market price is 8030-8130 Yuan/ton, unchanged from the previous week.
    In Northeast China, 7850-7950 yuan/ton, unchanged from the previous week.
    The northern region is currently facing some shipment pressure, and the supply of manufacturers from September to October will be greatly reduced due to the nearly two-month maintenance period of domestic devices.
    Although it is currently the busy autumn harvest season in the north, the impact on the market is said to be not very obvious.
    In Central China, due to limited supply from manufacturers, some customers in Central China currently pick up more goods at ports.
    The current market is around 8700-8800 yuan/ton.
    It is reported that the supply on the market is relatively sufficient due to the inflow of cargo from East China ports.

      From last week to this Wednesday, the ex-factory prices of some manufacturers have been increased accordingly, and the current ex-factory prices of major manufacturers are 8130-8400 yuan/ton.

      Regarding the upstream pure benzene situation.
    Internationally: Last week, the price of pure benzene in Asia continued to drop.
    On September 15, the Korean supplier's offer for September goods was US$420/ton (FOB South Korea’s main port), a decrease of US$10/ton from the previous week; the buyer’s bid price was US$400/ton (FOB South Korea’s main port) , Which is down US$20/ton from the previous week.
    Domestically, the market price in East China is 4200-4300 yuan/ton, down 200-300 yuan/ton from the previous week.   In summary, the adjustment of the ex-factory prices of major manufacturers has further supported the market price, and the market price of phenol is still optimistic this week.
    In the medium and long term, if the market does not take the initiative to make significant price concessions, the manufacturer's ex-factory prices should not make major adjustments, and it is expected to stabilize the current firm price until the end of the month; for imported goods, what is the end of the month? The arrival of the ship may cause a slight change in the market price.
    After that, the idea that market prices will fall along with Yanshan's drive in November is very common.

    (Contributed by Alibaba Chinese Station) [China Epoxy Resin Industry Online] September 18th, the domestic phenol market prices have generally risen, and this week the overall price has been strong at 8,400-8500 yuan/ton.
    Manufacturers are still under pressure to pick up a large number of goods and insufficient shipments; importers have maintained a good sales situation because the overall supply is still low.

      In South China, the market price is about 8400-8500 yuan/ton, up 300-400 yuan/ton from the previous week.
    At present, the overall supply in Fujian is relatively balanced, roughly maintaining a relatively uniform pace with East China.
    It is reported that the price of second-hand packaged phenol in Fujian is 8900 yuan/ton.
    The market price in Guangzhou is currently in a semi-closed state, and the shipping price to old customers is 8,700 yuan/ton.
    According to relevant importers, the current supply is in short supply and the sales are good.

      In East China, the market price is 8300-8500 yuan/ton, up 300-500 yuan/ton from the previous week.
    Gaohua’s ex-factory price was raised by 300 yuan/ton this Tuesday, and is currently at 8300-8400 yuan/ton.
    Last week, importers’ prices continued to rise with market fluctuations, reaching 8,400 yuan/ton at the end of last week, and most of the prices at 8,500 yuan/ton were quoted.
    Taking into account the current affordability of downstream users and the sales pressure of some ocean-going arrivals in late September, some importers currently indicate that there is limited room for phenol to increase at the current price level, and the possibility of consolidation is greater.   In North China, the market price is 8030-8130 yuan/ton, the same as the previous week.
    In Northeast China, 7850-7950 yuan/ton, unchanged from the previous week.
    The northern region is currently facing some shipment pressure, and the supply of manufacturers from September to October will be greatly reduced due to the nearly two-month maintenance period of domestic devices.
    Although it is currently the busy autumn harvest season in the north, the impact on the market is said to be not very obvious.
    In Central China, due to limited supply from manufacturers, some customers in Central China currently pick up more goods at ports.
    The current market is around 8700-8800 yuan/ton.
    It is reported that the supply on the market is relatively sufficient due to the inflow of cargo from East China ports.

      From last week to this Wednesday, the ex-factory prices of some manufacturers have been increased accordingly, and the current ex-factory prices of major manufacturers are 8130-8400 yuan/ton.

      Regarding the upstream pure benzene situation.
    Internationally: Last week, the price of pure benzene in Asia continued to drop.
    On September 15, the Korean supplier's offer for September goods was US$420/ton (FOB South Korea’s main port), a decrease of US$10/ton from the previous week; the buyer’s bid price was US$400/ton (FOB South Korea’s main port) , Which is down US$20/ton from the previous week.
    Domestically, the market price in East China is 4200-4300 yuan/ton, down 200-300 yuan/ton from the previous week.

      In summary, the adjustment of the ex-factory prices of major manufacturers has further supported the market price, and the market price of phenol is still optimistic this week.
    In the medium and long term, if the market does not take the initiative to make significant price concessions, the manufacturer's ex-factory prices should not make major adjustments, and it is expected to stabilize the current firm price until the end of the month; for imported goods, what is the end of the month? The arrival of the ship may cause a slight change in the market price.
    After that, the idea that market prices will fall along with Yanshan's drive in November is very common.

    (Contributed by Alibaba Chinese Station)
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