Analysis of the latest price trends in the Asian phenol and acetone markets

According to the latest news from the Asian market on July 2, the spot market price of phenol in Asia is as follows: CFR Northeast Asia is US$680-700/ton, which is an increase of 10-20 US dollars from last week; CFR Southeast Asia is US$720-790/ton, which is higher The weekly price is flat; CFR China's main port is 660-710 US dollars/ton, which is the same as last week's price. The spot market price of acetone in various parts of Asia is: CFR Northeast Asia is US$570-590/ton, up 10 US dollars from last week; CFR Southeast Asia is US$570-580/ton, down 10 US dollars from last week; CFR China’s main port is US$570-590 /Ton, basically the same as last week.Phenol is currently more optimistic about sellers in Northeast Asia, and the price of phenol has also been raised to 680-700 yuan/ton (CFR Northeast Asia). Local prices in South Korea and Taiwan have been raised to varying degrees. The seller's intention price is 700 USD/ton (CFR Northeast Asia), while the buyer's intention is 680 USD/ton (CFR Northeast Asia). Although there is a buyer counter-offer at US$650/ton (CFR Northeast Asia), such a price is not acceptable to the seller. Most of the sellers' intentions for bulk cargo are at USD 700/ton (CFR Southeast Asia main port). The price of goods arriving in the next port in small batches is about US$750-790/ton (CFR Southeast Asia). China's domestic import market is relatively quiet, and there is almost no movement in terms of foreign goods. Taiwan has no quotation due to its tight supply. Supply in Japan is still tight, and the transaction price and arrival time for July have not yet been announced. For European goods, the transaction price is expected to be between 710-720 US dollars/ton (CFR China's main port). Looking at the import market after anti-dumping in June, the offer seems to be less. On the one hand, because of the tight supply in Taiwan, the offer and shipment cannot be made as scheduled. On the other hand, it is also because once the popular European goods offer is reported, most of them are accepted by the big importers, so they are rarely heard on the market. China's domestic phenol market is gradually showing a trend of tightness. Since the start of the third plant in Yanhua, the supply has not been able to fully meet market demand, and Gaohua’s inventory has been low due to the price gap with imported goods. On the premise that the importer did not give up the price, the current quotations of Gaohua and Jihua have begun to follow up, and the ex-factory price of phenol has risen by 100-120 yuan/ton respectively. The market outlook is expected that due to the current tight supply situation in the market, it is difficult to improve in a short period of time. It is expected that the price trend of phenol market in July will transition from the previous stability to a slight increase, and the port price will steadily increase to more than 8,000 yuan/ton.The market price of acetone in Northeast Asia rose slightly to 570-590 US dollars/ton (CFR Northeast Asia), and there is an intention to raise prices in the market. It is said that 1,000 tons of acetone were sold at a price of 600 US dollars/ton (CFR Japan), and they arrived in Hong Kong in early July to ease the tight supply situation in the Japanese market. Even so, the buyer's price is still below US$570/ton (CFR Northeast Asia). Domestic downstream demand in South Korea is relatively sluggish, but it is said that demand in Taiwan is relatively stable. In Southeast Asia, buyers' intention to receive goods is relatively weak, making the import market relatively deserted. It is said that the price of US$580/ton (CFR Southeast Asia) can attract the attention of major buyers. The Chinese import market continues to remain flat with few offers. In Japan, there is no news yet. In the ocean, there is currently a quotation of US$570/ton (CFR China main port), the quantity is 1,000 tons, and the shipment will arrive at the end of September at the end of July. Importers are currently not very good at domestic expectations, and the psychological price is at US$520-530/ton (CFR China's main port). Generally speaking, because acetone has been in a high price zone recently, importers are more cautious about receiving goods, so there are fewer transactions in the market. The domestic price of acetone in China is generally sluggish, and sales are not very good. However, due to the low inventory of ports in East China, the overall cost of imported goods is generally high. Some importers hold the attitude of refusing to drop prices. On Monday, Gaohua’s ex-factory price was raised symbolically by 50 yuan/ton, which restored some confidence in the currently sluggish acetone market, and made the market trend in July a little harder to guess. (Transfer from China Chemistry Net)

　　According to the latest news from the Asian market on July 2, the spot market price of phenol in Asia is as follows: CFR Northeast Asia is US$680-700/ton, which is an increase of 10-20 US dollars from last week; CFR Southeast Asia is US$720-790/ton, which is higher The weekly price is flat; CFR China's main port is 660-710 US dollars/ton, which is the same as last week's price.
The spot market price of acetone in various parts of Asia is: CFR Northeast Asia is US$570-590/ton, up 10 US dollars from last week; CFR Southeast Asia is US$570-580/ton, down 10 US dollars from last week; CFR China’s main port is US$570-590 /Ton, basically the same as last week.

　　Phenol is currently more optimistic about sellers in Northeast Asia, and the price of phenol has also been raised to 680-700 yuan/ton (CFR Northeast Asia).
Local prices in South Korea and Taiwan have been raised to varying degrees.
The seller's intention price is 700 USD/ton (CFR Northeast Asia), while the buyer's intention is 680 USD/ton (CFR Northeast Asia).
Although there is a buyer counter-offer at US$650/ton (CFR Northeast Asia), such a price is not acceptable to the seller.
Most of the sellers' intentions for bulk cargo are at USD 700/ton (CFR Southeast Asia main port).
The price of goods arriving in the next port in small batches is about US$750-790/ton (CFR Southeast Asia).
China's domestic import market is relatively quiet, and there is almost no movement in terms of foreign goods.
Taiwan has no quotation due to its tight supply.
Supply in Japan is still tight, and the transaction price and arrival time for July have not yet been announced.
For European goods, the transaction price is expected to be between 710-720 US dollars/ton (CFR China's main port).
Looking at the import market after anti-dumping in June, the offer seems to be less.
On the one hand, because of the tight supply in Taiwan, the offer and shipment cannot be made as scheduled.
On the other hand, it is also because once the popular European goods offer is reported, most of them are accepted by the big importers, so they are rarely heard on the market.
China's domestic phenol market is gradually showing a trend of tightness.
Since the start of the third plant in Yanhua, the supply has not been able to fully meet market demand, and Gaohua’s inventory has been low due to the price gap with imported goods.
On the premise that the importer did not give up the price, the current quotations of Gaohua and Jihua have begun to follow up, and the ex-factory price of phenol has risen by 100-120 yuan/ton respectively.
The market outlook is expected that due to the current tight supply situation in the market, it is difficult to improve in a short period of time.
It is expected that the price trend of phenol market in July will transition from the previous stability to a slight increase, and the port price will steadily increase to more than 8,000 yuan/ton. 　　The market price of acetone in Northeast Asia rose slightly to 570-590 US dollars/ton (CFR Northeast Asia), and there is an intention to raise prices in the market.
It is said that 1,000 tons of acetone were sold at a price of 600 US dollars/ton (CFR Japan), and they arrived in Hong Kong in early July to ease the tight supply situation in the Japanese market.
Even so, the buyer's price is still below US$570/ton (CFR Northeast Asia).
Domestic downstream demand in South Korea is relatively sluggish, but it is said that demand in Taiwan is relatively stable.
In Southeast Asia, buyers' intention to receive goods is relatively weak, making the import market relatively deserted.
It is said that the price of US$580/ton (CFR Southeast Asia) can attract the attention of major buyers.
The Chinese import market continues to remain flat with few offers.
In Japan, there is no news yet.
In the ocean, there is currently a quotation of US$570/ton (CFR China main port), the quantity is 1,000 tons, and the shipment will arrive at the end of September at the end of July.
Importers are currently not very good at domestic expectations, and the psychological price is at US$520-530/ton (CFR China's main port).
Generally speaking, because acetone has been in a high price zone recently, importers are more cautious about receiving goods, so there are fewer transactions in the market.
The domestic price of acetone in China is generally sluggish, and sales are not very good.
However, due to the low inventory of ports in East China, the overall cost of imported goods is generally high.
Some importers hold the attitude of refusing to drop prices.
On Monday, Gaohua’s ex-factory price was increased symbolically by 50 yuan/ton, which restored some confidence in the currently sluggish acetone market and made the market trend in July a little harder to guess.
(Transfer from ChinaChemnet) According to the latest news from the Asian market on July 2, the spot market price of phenol in Asia is: CFR Northeast Asia US$680-700/ton, up 10-20 US dollars from last week's price; CFR Southeast Asia 720-790 USD/ton, which is the same as last week's price; CFR China's main port is 660-710 USD/ton, which is the same as last week's price.
The spot market price of acetone in various parts of Asia is: CFR Northeast Asia is US$570-590/ton, up 10 US dollars from last week; CFR Southeast Asia is US$570-580/ton, down 10 US dollars from last week; CFR China’s main port is US$570-590 /Ton, basically the same as last week.

　　Phenol is currently more optimistic about sellers in Northeast Asia, and the price of phenol has also been raised to 680-700 yuan/ton (CFR Northeast Asia).
Local prices in South Korea and Taiwan have been raised to varying degrees.
The seller's intention price is 700 USD/ton (CFR Northeast Asia), while the buyer's intention is 680 USD/ton (CFR Northeast Asia).
Although there is a buyer counter-offer at US$650/ton (CFR Northeast Asia), such a price is not acceptable to the seller.
Most of the sellers' intentions for bulk cargo are at USD 700/ton (CFR Southeast Asia main port).
The price of goods arriving in the next port in small batches is about US$750-790/ton (CFR Southeast Asia).
China's domestic import market is relatively quiet, and there is almost no movement in terms of foreign goods.
Taiwan has no quotation due to its tight supply.
Supply in Japan is still tight, and the transaction price and arrival time for July have not yet been announced.
For European goods, the transaction price is expected to be between 710-720 US dollars/ton (CFR China's main port).
Looking at the import market after anti-dumping in June, the offer seems to be less.
On the one hand, because of the tight supply in Taiwan, the offer and shipment cannot be made as scheduled.
On the other hand, it is also because once the popular European goods offer is reported, most of them are accepted by the big importers, so they are rarely heard on the market.
China's domestic phenol market is gradually showing a trend of tightness.
Since the start of the third plant in Yanhua, the supply has not been able to fully meet market demand, and Gaohua’s inventory has been low due to the price gap with imported goods.
On the premise that the importer did not give up the price, the current quotations of Gaohua and Jihua have begun to follow up, and the ex-factory price of phenol has risen by 100-120 yuan/ton respectively.
The market outlook is expected that due to the current tight supply situation in the market, it is difficult to improve in a short period of time.
It is expected that the price trend of phenol market in July will transition from the previous stability to a slight increase, and the port price will steadily increase to more than 8,000 yuan/ton. 　　The market price of acetone in Northeast Asia rose slightly to 570-590 US dollars/ton (CFR Northeast Asia), and there is an intention to raise prices in the market.
It is said that 1,000 tons of acetone were sold at a price of 600 US dollars/ton (CFR Japan), and they arrived in Hong Kong in early July to ease the tight supply situation in the Japanese market.
Even so, the buyer's price is still below US$570/ton (CFR Northeast Asia).
Domestic downstream demand in South Korea is relatively sluggish, but it is said that demand in Taiwan is relatively stable.
In Southeast Asia, buyers' intention to receive goods is relatively weak, making the import market relatively deserted.
It is said that the price of US$580/ton (CFR Southeast Asia) can attract the attention of major buyers.
The Chinese import market continues to remain flat with few offers.
In Japan, there is no news yet.
In the ocean, there is currently a quotation of US$570/ton (CFR China main port), the quantity is 1,000 tons, and the shipment will arrive at the end of September at the end of July.
Importers are currently not very good at domestic expectations, and the psychological price is at US$520-530/ton (CFR China's main port).
Generally speaking, because acetone has been in a high price zone recently, importers are more cautious about receiving goods, so there are fewer transactions in the market.
The domestic price of acetone in China is generally sluggish, and sales are not very good.
However, due to the low inventory of ports in East China, the overall cost of imported goods is generally high.
Some importers hold the attitude of refusing to drop prices.
On Monday, Gaohua’s ex-factory price was increased symbolically by 50 yuan/ton, which restored some confidence in the currently sluggish acetone market and made the market trend in July a little harder to guess.
(Transfer from ChinaChemnet) According to the latest news from the Asian market on July 2, the spot market price of phenol in Asia is: CFR Northeast Asia US$680-700/ton, up 10-20 US dollars from last week's price; CFR Southeast Asia 720-790 USD/ton, which is the same as last week's price; CFR China's main port is 660-710 USD/ton, which is the same as last week's price.
The spot market price of acetone in various parts of Asia is: CFR Northeast Asia is US$570-590/ton, up 10 US dollars from last week; CFR Southeast Asia is US$570-580/ton, down 10 US dollars from last week; CFR China’s main port is US$570-590 /Ton, basically the same as last week.

　　Phenol is currently more optimistic about sellers in Northeast Asia, and the price of phenol has also been raised to 680-700 yuan/ton (CFR Northeast Asia).
Local prices in South Korea and Taiwan have been raised to varying degrees.
The seller's intention price is 700 USD/ton (CFR Northeast Asia), while the buyer's intention is 680 USD/ton (CFR Northeast Asia).
Although there is a buyer counter-offer at US$650/ton (CFR Northeast Asia), such a price is not acceptable to the seller.
Most of the sellers' intentions for bulk cargo are at USD 700/ton (CFR Southeast Asia main port).
The price of goods arriving in the next port in small batches is about US$750-790/ton (CFR Southeast Asia).
China's domestic import market is relatively quiet, and there is almost no movement in terms of foreign goods.
Taiwan has no quotation due to its tight supply.
Supply in Japan is still tight, and the transaction price and arrival time for July have not yet been announced.
For European goods, the transaction price is expected to be between 710-720 US dollars/ton (CFR China's main port).
Looking at the import market after anti-dumping in June, the offer seems to be less.
On the one hand, because of the tight supply in Taiwan, the offer and shipment cannot be made as scheduled.
On the other hand, it is also because once the popular European goods offer is reported, most of them are accepted by the big importers, so they are rarely heard on the market.
China's domestic phenol market is gradually showing a trend of tightness.
Since the start of the third plant in Yanhua, the supply has not been able to fully meet market demand, and Gaohua’s inventory has been low due to the price gap with imported goods.
On the premise that the importer did not give up the price, the current quotations of Gaohua and Jihua have begun to follow up, and the ex-factory price of phenol has risen by 100-120 yuan/ton respectively.
The market outlook is expected that due to the current tight supply situation in the market, it is difficult to improve in a short period of time.
It is expected that the price trend of phenol market in July will transition from the previous stability to a slight increase, and the port price will steadily increase to more than 8,000 yuan/ton. 　　The market price of acetone in Northeast Asia rose slightly to 570-590 US dollars/ton (CFR Northeast Asia), and there is an intention to raise prices in the market.
It is said that 1,000 tons of acetone were sold at a price of 600 US dollars/ton (CFR Japan), and they arrived in Hong Kong in early July to ease the tight supply situation in the Japanese market.
Even so, the buyer's price is still below US$570/ton (CFR Northeast Asia).
Domestic downstream demand in South Korea is relatively sluggish, but it is said that demand in Taiwan is relatively stable.
In Southeast Asia, buyers' intention to receive goods is relatively weak, making the import market relatively deserted.
It is said that the price of US$580/ton (CFR Southeast Asia) can attract the attention of major buyers.
The Chinese import market continues to remain flat with few offers.
In Japan, there is no news yet.
In the ocean, there is currently a quotation of US$570/ton (CFR China main port), the quantity is 1,000 tons, and the shipment will arrive at the end of September at the end of July.
Importers are currently not very good at domestic expectations, and the psychological price is at US$520-530/ton (CFR China's main port).
Generally speaking, because acetone has been in a high price zone recently, importers are more cautious about receiving goods, so there are fewer transactions in the market.
The domestic price of acetone in China is generally sluggish, and sales are not very good.
However, due to the low inventory of ports in East China, the overall cost of imported goods is generally high.
Some importers hold the attitude of refusing to drop prices.
On Monday, Gaohua’s ex-factory price was raised symbolically by 50 yuan/ton, which restored some confidence in the currently sluggish acetone market, and made the market trend in July a little harder to guess.
(Transfer from China Chemistry Net)