News summary

[Business clubfalroulette: Contradictions between supply and demand, the phenol market fell broadly after the holiday] Securities Times Newsfalroulette, business community data showed that the market offer for phenol on May 1 was 8145 yuan/ton, and on May 10 the market offer was 7887 yuan/ton, down 3%falroulette.16%。The business community believes that the phenol market is expected to stop falling and fluctuating next week. underfalroulette...

falroulette| Business community: Conflict between supply and demand, phenol market fell broadly after the holiday

Newsletter text

[Business Society: Contradictions between supply and demand after the holiday, the phenol market declined broadly] Securities Times News, business society data showed that on May 1, the phenol market offer was 8145 yuan/ton, and on May 10, the market offer was 7887 yuan/ton, down 3.16%. The business community believes that the phenol market is expected to stop falling and fluctuating next week. The Yangzhou Shiyou phenol ketone plant will resume and restart next week, but it will have little impact on the supply side. Currently, the operating rate of the phenol industry is 70%, and phenol ketone companies are currently on the verge of losing money. Traders have limited room for profits. In the later stage, they will pay attention to the purchasing sentiment of terminal companies. It is expected that the phenol market will stabilize next week or will slightly increase expectations. Proofread: Su Huanwen