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[China Epoxy Resin Industry Online] News from November 9, 2004.
Recently, the main phenol importer in East China raised the price of phenol to 16,300-16500 yuan/ton, and the mainstream transaction price was 16,100-16200 yuan/ton, but the transaction volume was not large.
The enthusiasm for picking up the goods has declined, and the international crude oil prices and the petrochemical market prices have begun to weaken, and the transaction of phenol has become weaker.
It is reported that the major importers in South China are quoted at 16,500 yuan/ton, and there are few transactions.
Downstream customers mainly consume inventory, and it is quite common for factories in Fujian and Guangdong to use substitutes.