Phenol In Asia Next Year Will Continue To Supply

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With the Asian market for phenol and bisphenol A strong increase in demand this year, the market continued tight supply led to rising prices of both products. Recently published some of the major device manufacturers to downstream manufacturers maintenance plan for next year is better than the expectations of the day to come to naught.

From the end of this year into next year, many Asian manufacturers will arrange installation maintenance,Musk R-1, especially in Japan, South Korea and China Taiwan some of the major manufacturers is concentrated in the next 3 to 7 month overhaul. Asian markets next year, phenol and bisphenol A tight supply situation will be further intensified because the Chinese Lunar New Year seasonal demand growth in Asia will further push up the price of phenol.

According to statistics, this year,CAS 3391-83-1, the price of phenol in Asia in the first quarter of $ 1,414 (t price, below) up to the fourth quarter of $ 1,830, while the spread between phenol and benzene are also widening, the the time of the first quarter increased to $ 449 913 in current dollars. Phenol supply situation in Asia in 2013, Mitsui Chemicals Shanghai before the commissioning of new plant will not be significantly improved, because during this period no new plant construction projects only, and no expansion project. On the other hand, phenol demand continues to expand the Asian market, is expected to reach 3.91 million tons, an increase of 9%. Among them,Musk R-1 price, China's demand will increase by 18%, reaching 1.27 million tons, nearly one-third in Asia. Asian demand for the product in 2011 will grow by 5%, while the Chinese market will continue double-digit growth.

In addition, one of the bisphenol A phenol derivative of Asian demand is expected to increase by 13% this year,Musk R-1 exporter, 270 tons, of which China's demand that 89 million tons, an increase of 16%.
Source: http://www.mhcfm.com


About the Author:
MHC INDUSTRIAL CO., LTD.



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