The phenol market in July was affected by the tight supply of its own, leading to a rise during the month. According to the market analysis system of Business Society, the average price in the national market increased from 6595 yuan/ton on July 1 to 8337.5 yuan/ton on July 31, an increase of 26.4%.

Average Price Trend of Phenol Market in Major Regions of China

The quotation situation of phenol in various markets nationwide on July 31st is as follows:

Region/ Quotation/ 7.1-31 Rise and Fall

East China/ 8200./1700

Shandong region/ 8150/1600

The surrounding area of Yanshan/ 8150/1600

South China/ 8250/1450

Device maintenance, domestic resource supply is tight. In July, 6 sets of equipment were repaired, involving 1.3 million tons of products, resulting in a reduction in domestic resource supply.

The supply of imported goods is limited. The inventory of the port in the second half of the year is 20000 tons.

The factory continues to suffer losses and hopes to raise the listing price. From the perspective of the profits of the phenolic ketone factory, it can be seen that the phenolic ketone enterprise has sustained losses in the early stage. The factory urgently needs to adjust the listing price, and the factory has adjusted the price multiple times due to market fluctuations.

The business community believes that, in terms of current devices, there is no plan to restart the phenol ketone device of CNOOC and Shell. In addition, Wanhua Chemical Group and Jiangsuri Heng may pay attention to the situation of devices in a timely manner. At present, the circulation is limited, but facing the demand of downstream procurement of high priced raw materials, the short-term fluctuation is expected to be 8000-8500 yuan/ton.