Phenol Prices in the United States:

U.S. Phenol Price Chart Q4 2024 continued lower showing prices at a low of sub-1,088 USD/MT by the end of December Month Weak demand from automotive, construction and polymers were the story of mass as all sectors getting dragged by broader economic flows influenced weakness-- Seasonal November slowdown weighs as industrial activity and purchasing intentions weaken still more. Moreover, an oversupply environment due to overproduction and manufacturer efforts at inventory reduction kept the market weighed down.

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APAC Phenol Prices Movement Q4:

Phenol Prices in China:

In China, the Phenol Price Chart Q4 2024 displayed a structured downtrend with the prices falling to approximately USD874 MT by December because of spot market selling weakened demand, high feedstock inventories, and persistent economic doubts. The Phenol Price Line is shown to have October, and because producers backed out in November to try and fill the supply-demand gap it led to a short recovery phase. Nonetheless, oversupply and seasonal lulls bottomed in December to continue any glimmers of recovery.

Regional Analysis: The price analysis can be extended to provide detailed Phenol price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Europe Phenol Prices Movement Q4:

Phenol Prices in Germany:

During Q4 2024, the German Phenol Price Chart indicated a definite downtrend, with prices falling to 1,073 USD/MT in December, as a result of continued pressure from poor industrial demand and oversupply. Key end-use industries such as construction and polyester remained under pressure due to economic downturns, causing lower purchasing activity. Meanwhile, high stocks and low buying interest from producers also contributed to market compression. The downward trend was further aggravated by a sudden drop in benzene prices, a major feedstock, at the end of the quarter.

Regional Analysis: The price analysis can be expanded to include detailed Phenol price data for a wide range of European countries:

such as Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

What is The Price History of Phenol:

Phenol's price history has been characterized by severe volatilities driven by world economic trends, availability of raw materials, and demand patterns of major industries including automobiles, buildings, and chemicals. Phenol prices in recent years have witnessed steep surges during the high industrials, along with shortage, as well as sharp falls during economic downturns, oversupply periods, and feedstock price declines—especially benzene.

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