Last weekend, the domestic phenol market remained stalemate. Although crude oil remained operating at a high level, the upper reaches of the ** market showed gains, and domestic policies were also loosened, but the downstream demand for phenol remained weak, and the international economic situation was not optimistic. The domestic phenol market may still maintain its stalemate.
East China market sideways, merchants offer firm, the actual transaction can be negotiated, discuss the reference price in the 8800 ~ 8900 yuan (ton price, the same below), the downstream receiving goods cautious, substantive discussion is limited. The performance of the South China market was light and steady, and the price of the business was quite obvious. The offer was stable at 8800 to 8900 yuan, and the downstream inquiry was rare. The actual shipping condition of the business was poor. The market in the surrounding Yanshan, North China, was weak, and the number of traders in the market was firm. The market negotiated a reference price of 8800 to 8900 yuan, and the downstream terminal started to work in a cautious manner. The market price of Henan Province in Central China rose slightly. Merchants' offer was pushing up. Downstream delivery was still sluggish. The market reference price rose slightly to 9250 to 9300 yuan. The actual negotiation was limited. The market in Shandong was weak and the business mentality was general and the operation was prudent. The market negotiated a reference price of 9,000 to 9,100 yuan, and the downstream demand was limited. The atmosphere was generally negotiable and the volume was not heard.
Under the circumstances that downstream buyers are not willing to follow up, businesses are waiting for new policies. The good news is encouraging, but due to the bleak outlook in the Eurozone, the domestic phenol market is likely to continue to maintain consolidation without new positive news stimulus. situation.
East China market sideways, merchants offer firm, the actual transaction can be negotiated, discuss the reference price in the 8800 ~ 8900 yuan (ton price, the same below), the downstream receiving goods cautious, substantive discussion is limited. The performance of the South China market was light and steady, and the price of the business was quite obvious. The offer was stable at 8800 to 8900 yuan, and the downstream inquiry was rare. The actual shipping condition of the business was poor. The market in the surrounding Yanshan, North China, was weak, and the number of traders in the market was firm. The market negotiated a reference price of 8800 to 8900 yuan, and the downstream terminal started to work in a cautious manner. The market price of Henan Province in Central China rose slightly. Merchants' offer was pushing up. Downstream delivery was still sluggish. The market reference price rose slightly to 9250 to 9300 yuan. The actual negotiation was limited. The market in Shandong was weak and the business mentality was general and the operation was prudent. The market negotiated a reference price of 9,000 to 9,100 yuan, and the downstream demand was limited. The atmosphere was generally negotiable and the volume was not heard.
Under the circumstances that downstream buyers are not willing to follow up, businesses are waiting for new policies. The good news is encouraging, but due to the bleak outlook in the Eurozone, the domestic phenol market is likely to continue to maintain consolidation without new positive news stimulus. situation.
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