In February, the domestic phenol market rose first and then fell, mainly downward as a whole. According to the monitoring data of business agency, the average offer of domestic phenol market was 11200 yuan / ton on February 1, 10987 yuan / ton on February 28, a decrease of 1.9% in the month. On February 10, the offer of domestic phenol market was 11445 yuan / ton, with an amplitude of 4.08%. By the end of the month, the offer in East China market was about 10950 yuan / ton, that in South China was 11000 yuan / ton, and that in North China and surrounding areas of Shandong was 10950-11000 yuan / ton

Trend chart of average price of phenol in the national market

After the Spring Festival, the supply of imported goods in transit is insufficient, and the market bill holder supports the price operation. In particular, the inventory at the port of imported goods suddenly drops to 24000 tons. The initial inventory cost pressure is large, the market supply pressure is small, the holder has little intention to sell goods, and the crude oil continues to rise, driving the positive increase of the raw material end and the rise of the phenol Market. In addition, the commencement and resumption of work of downstream factories in the North increase, The demand is expected to increase, and the phenol Market is pushed up in a narrow range under the favorable supply and demand. However, with the phased replenishment in the middle of the week, the shipment pressure of the cargo holders increases and the intention of profit making shipment increases. And poor trading performance on the floor.

The downstream bisphenol a market was mainly down during the week, mainly due to poor on-site supply and demand, serious shortage of market trading, increased shipment pressure of cargo holders, and the factory also lowered it for many times. Near the end of the month, Changchun and lihuayi implemented 17500 yuan / ton. In addition, the bidding price of Zhonghua East fell sharply to 16000 yuan in the month, which was bad for the market. By the end of the month, the offer of bisphenol a market was to 17250-17450 yuan / ton.

In March, after the maintenance of downstream units in Shandong, the supply is expected to increase. At the same time, the progress of phase II units of Zhejiang Petrochemical is expected, but the new units in downstream Hebei are expected to be put into operation. The business society expects that the balance between supply and demand in March will not change much, and the domestic phenol Market is expected to fluctuate.