The focus of the phenol market is slowly rising tentatively

Drying equipment

Last week, the domestic phenol market returned to warm up. At the beginning of the week, the phenol market had a sideways posture. With the limited sales actions of petrochemical companies, traders saw positive growth and lifted their intentions. The offer was gradually explored to the high end, and some businesses did not ship yet. Reflecting the fact that the downstream terminal's inquiries were gradually increasing, the goods received cautiously, and the market was limited during the week. The wait-and-see atmosphere was stronger.

Analysts' prediction: The current phenol market has changed its weak position, its focus has been slowly rising tentatively, and the trading atmosphere has been relatively light. The analysis of the trend of the market during the week is as follows: First, as far as costs are concerned, as of today, Sinopec Huadong Pure Benzene prices are executed at 8,500 yuan/ Tons, Sinopec East China's price for propylene is 9900 yuan/ton, and Sinopec's factory price in East China is the main cost. The cost of phenol calculation is about RMB 9,148/ton, Sinopec East China's phenol price is RMB 11,000/ton, and East China market price is RMB 11,200. / Ton or so.

From this analysis, the cost of the week was slightly loose, did not suppress the phenol market, after the petrochemical company's profits were low, the follow-up market deposits to boost the space, its response to market trends need to be followed up; again, the importer is at a high external price Under the support, the intention to pull up is still obvious, combined with the limited sales of petrochemical companies during the week highlighted the move, the occasional positive advantage of a slight advantage, some businesses temporarily maintain good expectations for the market outlook, the terminal inquiry increased slightly, but the purchase of caution There was no significant increase in market transactions. It is expected that the phenol market will have some room for growth next week, but the follow-up of buying intentions also needs to be followed up.

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