Trade Name: Phenol

East China Market (September 17): 8750 yuan/ton

Domestic phenol market continues to rise. Crude oil boom pulls pure benzene up, raw materials go up, cost side is supported, and the supply of goods in the northern market is still tense, supplier mentality is strong, continue to operate high offer mainly, many mainstream traders have scarce supply, market afternoon shipments increase, downstream participation in buying just needed, trading is limited. As of yesterday’s closing date, East China offered 8750-8800 yuan/ton, Shandong maintained 8800-8850 yuan/ton, the whole Shandong market has less supply; Yanshan around 8850-8900 yuan/ton; Henan and South China offer more than 9000 yuan/ton; Business associations expect the domestic phenol Market to be strong today, and East China phenol market price reference is 8800 yuan/ton. Near yuan/ton.

Market Price Trend Chart of Domestic Phenol

Commodity Name: Acetone

Market Price (East China September 17): 4950 yuan/ton

Analysis Points: Domestic acetone market continued to rise. The soaring crude oil boosted the raw material market, the industry’s mentality was good, the downstream inquiries increased, the acceptance of high prices was good, supporting traders to continue to push forward their offers. As of yesterday’s closing, the main negotiation area of East China market was 4950-5000 yuan/ton; the negotiation area of Yanshan peripheral market was 4700 yuan/ton; and the main negotiation area of South China market was 50 yuan/ton. 00-5050 yuan/ton. Business associations expect the domestic acetone market to be strong today, and the main negotiation range in East China market is expected to be 5000-5050 yuan/ton.