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Domestic phenol market prices continue to heat up
The domestic phenol market price continues to heat up, and importers’ prices in East China are appropriately raised to RMB 14800-15,000/t, but actual market transactions are still booming. The market price in Sanming area of ​​Fujian is between 15,000 and 15100 yuan per ton, with a slight increase in the price of 15,200 yuan per ton. The market price in Central China rose sharply. The market price was 14400-15000 yuan/ton, mainly due to the end of the busy farming in the downstream areas. Demand began to gradually recover. At the same time, the market was heating up and the goods were active, but the buying trend was not buying or falling. The major local traders and distributors waited before the holiday to see more emotions, and there were few stocks. At present, there are tight supply sources in Central China.