| Product |
Category |
Region |
Price |
Last Updated Month |
| Phenol |
Chemicals |
Chine |
928 USD/MT |
October 2025 |
| Phenol |
Chemicals |
Chine |
822 USD/MT |
December 2025 |
| Phenol |
Chemicals |
India |
949 USD/MT |
October 2025 |
| Phenol |
Chemicals |
India |
918 USD/MT |
December 2025 |
| Phenol |
Chemicals |
German |
848 USD/MT |
October 2025 |
| Phenol |
Chemicals |
German |
890 USD/MT |
December 2025 |
| Phenol |
Chemicals |
America |
1010 USD/MT |
October 2025 |
| Phenol |
Chemicals |
America |
1127 USD/MT |
December 2025 |
Asia
The Chinese phenol market experienced progressive weakness throughout the fourth quarter, with prices declining from their opening levels as supply-demand imbalances intensified. The prices were about 928 USD/MT (FOB, 99.99%) in October and around 822 USD/MT in December. The period began with modest softening that accelerated as the quarter advanced, reflecting persistent oversupply conditions and subdued downstream consumption. New capacity additions, including the completion and stable operation of a major phenol-acetone facility, increased total market supply significantly. Maintenance activities at multiple units provided temporary relief, though overall operating rates remained elevated at around seventy-five percent. Raw material costs offered limited support as benzene and propylene markets weakened simultaneously, with benzene declining notably and propylene reaching new lows. Demand from key downstream sectors remained disappointing, with bisphenol-A producers reducing procurement due to weak polycarbonate and epoxy resin markets. Operating rates in derivative sectors declined as buyers maintained cautious, need-based purchasing strategies. Import arrivals continued throughout the quarter, adding to supply pressures despite stable port inventory levels. Meanwhile, Indian phenol markets displayed initial stability during the opening phase before entering decline through the latter portion of the quarter. Downstream sectors maintained conservative buying approaches as market sentiment remained cautious during the period. The prices were about 949 USD/MT (Spot) in October and around 918 USD/MT in December.
Europe
European phenol markets, particularly in Germany, experienced steady appreciation throughout the quarter despite facing structural cost challenges. The prices were about 848 USD/MT (FD, 99.99% Min) in October and around 890 USD/MT in December. Production economics remained under pressure from elevated electricity costs, though prices advanced progressively as the period unfolded. High energy expenses continued impacting manufacturing costs, with naphtha-based feedstock adding to production burdens. The European phenolics chain faced rationalization pressures due to cost disadvantages compared to Asian and Middle Eastern producers, though pricing strengthened through the quarter. Demand from downstream applications remained moderate as end-users navigated challenging market conditions.
North America
North American phenol markets displayed consistent strengthening throughout the fourth quarter, with prices advancing steadily from opening levels. Domestic production remained stable as feedstock availability supported normal operating rates. Demand from downstream sectors including bisphenol A, phenolic resins, and various chemical intermediates maintained steady consumption patterns. The prices were about 1010 USD/MT (FOB, 99.99% Min) in October and around 1127 USD/MT in December. The appreciation reflected balanced supply-demand fundamentals and stable cost structures throughout the period.
