Phenol
Phenol is a vital chemical widely used in different applications. It is a white/colorless liquid with having sweet and distinctive odor. It is widely used as a ...
Imported Phenol in Kandla
₹94.5/KG
0%
5 days ago
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Daily Market Report
Daily Market Report
Phenol Prices Decline on Weak Downstream Demand as Traders Rush for Quick Liquidation
Importers have reduced phenol prices by ₹2/kg, setting them at ₹94+ (Ex-Kandla) for direct consumers on advance payment terms, and ₹95+ for traders and small buyers. The supply of phenol remains stable, supported by consistent vessel arrivals and prompt shipments.
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Traders and Importers Slash Phenol Prices Amid Inventory Glut
In the domestic market, importers have reduced Phenol prices by ₹2/kg to ₹96/kg ex-Kandla on advance payment terms. Trader offers were also reported lower, at ₹97/kg ex-Kandla on 60-day credit terms.
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India's Phenol Market Faces Price Hikes as Phenolic Formaldehyde Resin Manufacturers Ramp Up Production
Importers have raised phenol prices by ₹3/kg, bringing them to ₹101/kg on an ex-Kandla basis and ₹102/kg on an ex-Dahej basis, with payments required in advance. Some traders are offering phenol at prices between ₹102-103/kg ex-Kandla for immediate dispatch, with 60-day credit terms available.
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