May 22 China’s domestic phenol market narrow cut

Product Name: Phenol

East China Market (May 15): 7550 yuan/ton

Sulfamic acid 

Analysis points: Domestic phenol market atmosphere is cold, the mainstream market center of gravity further decline, manufacturers listed has not been adjusted. Market weak posture, downstream terminal demand to buy gas lighter, inquiry intention is low, shippers ship performance is poor, follow suit careful offer, trading follow-up is limited. As of the current East China phenol market price reference in 7500-7550 yuan/ton, the low end of the center of gravity, yanshan surrounding areas 7750 yuan/ton, Shandong regional newspaper 7700 Yuan/ton, Henan regional newspaper 7800 Yuan/ton, business community expected today’s domestic phenol market weak operation, East China phenol market price reference at 7500 yuan/ton or slightly lower.

sulphamic acid