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PhenolIn early August 2007,China’s phenol paceremained bullish.With the increase ofimported goods and the restart of phe-nol/acetone unit in Harbin Branch Com-pany of BlueStar New Chemical Materi-als Co.,Ltd.,the market supply increasedand the pace of phenol came down.As of August 28th,2007 the bulk tradingpace of phenol was at RMB15 800/t in theports of eastern China,a drop of RMB150/t from a month before,and in other regionsof China,the prices decreased RMB200-400/t to RMB15800-16200/t.Due to the cost pressure caused by thehigh pace of phenol,downstream plantswill have little enthusiasm for purchase,and the demand for phenol in down-stream sectors will shrink,so the pricemay drop slightly.
PhenolIn early August 2007, China’s phenol pacemained bullish. What the increase of imported goods and the restart of phe-nol / acetone unit in Harbin Branch Com-pany of BlueStar New Chemical Materials-als Co., Ltd., the market supply increasedand the pace of phenol came down. As of August 28th, 2007 the bulk tradingpace of phenol was at RMB15 800 / t in theports of eastern China, a drop of RMB150 / t from a month before, and in other regionsof China, the prices showed RMB200- 400 / t to RMB15800-16200 / t.Due to the cost pressure caused by the high pace of phenol, downstream plantswill have little enthusiasm for purchase, and the demand for phenol in down-stream sectors will shrink, so the pricemay drop slightly.