The domestic phenol market has continued to rise, with Sinopec East China phenol prices executing at 7150 yuan/ton and Sinopec North China phenol prices executing at 7200 yuan/ton. The focus of phenol is on the rise, supported by high levels of raw material pure benzene. Traders are strongly inclined to support prices due to the support of raw materials, with further upward expectations. Looking downstream, terminal factories are cautious in chasing price increases, with low buying enthusiasm and mainly offering in demand. It is expected that the domestic phenol market will operate at a high price, focusing on the supply and demand fundamentals and market trading situation. The reference price for the East China phenol market is between 7300-7400 yuan/ton.