ICIS price reporting for regional Phenol markets is unparalleled in its ability to keep you on top of the information you need.
Our network of price reporters delivers direct and regular insights into the local markets they work in.
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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 China Phenol marketplace.
Price Reporting – More information about the price reports we publish on Phenol
Independent price assessments and market coverage
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Track historical price data
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News & Analysis - News & market analysis specifically relating to Phenol
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q1 2015
Spot phenol prices into China staged a strong rebound in the first quarter of 2015, after plunging to a multi-year low average of $775/tonne CFR (cost & freight) China in late December 2014. Average prices were up nearly 31% since late December to settle at $1,015/tonne CFR China in late March. This was driven by the concurrent rebound in upstream benzene and propylene prices, overlapping phenol plant turnarounds in northeast Asia, alongside the rapid post-Lunar New Year recovery in demand from the downstream sectors. Prices rose despite the start-up of Shanghai Sinopec Mitsui Chemicals (SSMC)’s new phenol plant in December 2014.
The availability of spot phenol cargoes for March shipment to China was constrained by the shutdown of two South Korean phenol plants for scheduled maintenance in March. This boosted South Korean demand for spot phenol imports, further tightening the number of cargoes available to Chinese buyers. Overlapping plant turnarounds in China expected in the second quarter, meant that Chinese importers had to meet the expected supply shortfall by importing cargoes.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Phenol.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
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.