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While the reasoning is being published. PHENOL: The CFR China marker was down $15-20/mt
over the week at $1.185-2.500/mt Aug. 8. August tradable indicators heard at
around $1.120 to$1,250/mt CFR China due to a weakening China's domestic
market price. China's domestic phenol price dropped Yuan 288-350/mt
to Yuan 9,100/mt or approximately $1,127.60-1,200.50/mt if you consider import
parity. CFR SEA phenol fell $125/mt last week to $1,275-1,300/mt.
Tradable indications were heard at approximately $1,250 -$1,300/mt CFR SEA. Under
offers of $1,340 -$1,350/mt, the CFR India marker was down $15/mt each week.
August tradable indicators were heard at approximately $1,250 -$1,300/mt CFR India from
a buyer. ACETONE. The CFR China Acetone marker was down
$10.50/mt from the week at $612-650/mt on Aug. 8. In light of a weaker Chinese
acetone market, August...