Sinopec’s East China phenol listing price has been lowered by 150 yuan, resulting in a reduction of 8200 yuan/ton, while Sinopec’s North China phenol listing price has been lowered by 100 yuan, resulting in a reduction of 8200-8250 yuan/ton. Today, the phenol market continued to decline, with factories following the downward adjustment of listed prices. Looking at the market today, the East China region stopped falling, while the North China and Shandong regions continued to decline, while the South China region remained relatively stable.
On July 2nd, the quotations for phenol in various markets nationwide are as follows:
Region/ Quotation/ Daily fluctuations
East China region/ 8150./ 0
Shandong region/ 8100./ -50
The surrounding areas of Yanshan/ 8100./ -50
South China region/ 8200./ -50
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