After the domestic phenol Market stopped falling and recovered last week, the focus of phenol Market negotiation continued to rise this week. As of last weekend, the market reference in East China was 9200-9300 yuan / ton, and that in Shandong and Yanshan surrounding areas was 9250-9300 yuan / ton. On Tuesday, the shutdown of Taiwan Xinchang plant was transmitted to the domestic market, and the mentality of phenol and ketone holders increased, rapidly pushing up the market, The participation of intermediate traders has increased rapidly and the market activity has increased, while the factory has raised the listing price twice, which has helped the overall market increase by about 4%.

The downstream bisphenol a market continues to rise. At present, the social inventory is low, and it is difficult for factories and traders to have a low intention under the support of just need. Moreover, with the help of the auction of a factory in East China this week, the market continues to operate at a high level. So far, many factories have closed their offers, and the current offer in the mainstream market is 27500-27800 yuan / ton.

From the perspective of business community, the domestic phenol market continues to operate at a high level and is expected to slow down. It is expected that the negotiation in East China market will be 9250-9300 yuan / ton.