The industrial chain upstream raw materials: domestic benzene market lack of clear guidelines, the continuation of the weak consolidation trend, South Korea fell outside the decline, continue to weigh on domestic buying atmosphere, the domestic market of East China sentiment weak, buying intention is poor, Shandong area of the lower reaches of buying enthusiasm is poor, the lack of clear guidelines on news, trading atmosphere deserted, port trade daily dish down during the Spring Festival approaching, the downstream stocking, manufacturers offer to decline, limited space, limiting the scope of the price adjustment, the market weakness consolidation in the short term, or is likely to continue downward. The downstream procurement is relatively stable, the price adjustment.

Macro: in 2016, the business community commodity price index (BPI) continued to rise, at the beginning of 668, at the end of the year rose to 862 points, up 194 points. December 28th BPI commodity price index for 862 points, representing the highest point period 1019 (2012-04-10) fell by 15.41%, compared to 02 in 2016 03, the lowest point of 660 months rose 30.61%. (Note: the cycle refers to 2011-12-01 so far).

Market forecast

At present people inside a good attitude, the price from the cost of support is relatively high, the industry is still optimistic about the market outlook, the latter still up space. The next step depends on the trend of phenol and the cost of raw materials supporting effect, if the latter hydrogenation of benzene and benzene phenol has continued to rise, is expected to cost callback; if the temporary relief of phenol market stability.