Phenol Prices, markets & analysis
For clear insight into regional Phenol markets, you need in-depth price reports direct from those regions.
That’s why ICIS maintains a network of locally based reporters, providing not just price assessments but market commentary and analysis.
There’s no better way to stay up-to-speed with all the latest information that can make a difference to your business.
Use ICIS information to:
- Follow fluctuations and understand factors driving them
- Input into your own internal analytical models
- Clarify settlements and contracts
- Inform negotiations
Phenol Asia Transcript
The ICIS Asian Phenol report provides cost and freight (CFR) China, South East Asia and India assessments which are closely followed by market players. Confirmed deals and buy/sell ideas that support our assessments are provided in full in the report.
We also have coverage of upstream benzene and propylene prices and downstream markets to give our readers an overall sense of the phenol market. We also track the operating status of plants in Asia which shows the supply side of the market.
Understanding the CFR China spot market is complex due to a huge variety of anti-dumping duties that have been levied by the Chinese Government.
In order to provide greater clarity for our subscribers, ICIS provides a normalised CFR China quote based on zero percent anti-dumping duty and 5.5% import duty. This has been welcomed by our subscribers as valuable alternative to the existing benchmark CFR China quote.
Information from producers, traders and buyers of phenol is gathered, analysed and cross checked to ensure it is accurate and can be used as an impartial and accepted reference for business. The ICIS report is the dominant weekly benchmark for the Asian Phenol industry. It is considered an indispensable and a reliable source of information essential for their daily business needs.
Phenol news and market information products from ICIS
We offer the following regional Phenol coverage to keep you informed of factors and developments affecting prices in the Asia Phenol marketplace.
Price Reporting – More information about the price reports we publish on Phenol
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Phenol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Phenol prices into China rose by 1.1% in the first quarter of 2014, supported by reduced plant phenol/acetone operating rates across the region. Import demand into China remained curbed by the country’s falling import dependency and a weak performance in the key downstream bisphenol A (BPA) sector. The substantial decline in feedstock benzene and propylene prices from early February eased the squeeze on phenol producers’ margins, while emerging spot exports lent support to domestic phenol prices in China.
Outside China, the start of a busy phenol/acetone plant turnaround season from March prompted some regional BPA makers to seek spot material to bridge the supply shortfall caused by plant maintenance at their integrated upstream units, leading to some firming in spot prices.
Steady demand for Asian material from India, a net importer, lent further support to regional market fundamentals in the first quarter. Most of the 16,000-18,000 tonnes of material purchased by India is supplied by South Korea, Singapore, Thailand and Taiwan. In March, India announced preliminary antidumping duties (ADDs) on phenol of US and Taiwanese origin, prompting Indian buyers to turn to China as a potential supply source.
Updated to Q1 2014
The ICIS Asian phenol report provides cost & freight (CFR) China, southeast Asia (SE Asia) and India assessments that are closely followed by market players.
Confirmed deals and buy-sell ideas that support our assessments are provided in full in the report.
We have coverage of upstream benzene and propylene prices and downstream markets to give our readers an overall sense of the phenol market.
ICIS also tracks the operating status of plants in Asia, which shows the supply-side of the market.
Understanding the CFR China spot bunker is complex because of a huge variety of anti-dumping duties that have been levied by the Chinese government.
In order to provide greater clarity for our subscribers, ICIS provides a normalised CFR China quote based on the seasonal percent of the anti-dumping duty and a 5.5% import duty. This has been welcomed by our subscribers as a valuable alternative to the existing benchmark CFR China quote.
Information from producers, traders and buyers of phenol is gathered, analysed and cross-checked to ensure it is accurate and can be used as an impartial and accepted reference for business.
The ICIS report is the dominant weekly benchmark for the Asian phenol industry. It is considered an indispensable and reliable source of information essential for daily business needs.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Phenol. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Phenol, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.