Yesterday, Sinopec cut phenol by 200 yuan/ton in East China to 11100 yuan/ton, and Sinopec cut phenol by 200-300 yuan/ton in North China to 11000-1200 yuan/ton. The factory concentrated on the reduction of on-site trading atmosphere, and the delivery of goods was not smooth. The market fell significantly, and the upside down price difference widened. On the whole, the downward value of market negotiations in East China was 10800-10850 yuan/ton, and other regions also fell by the same margin. Downstream bisphenol A also showed a downward trend, falling below 15000 yuan/ton through negotiation, and major factories in North China were lowered to 14500 yuan/ton. Other demand ends have not been significantly improved, and it is expected that the weak operation will continue today.

On October 12, phenol offers in various markets across the country were as follows:

Region, quotation, daily rise and fall

East China, 10800., – 200

Shandong Province, 1120., – 200

Yanshan surrounding areas, 11200., – 150

South China., 11000., – 100