Basic Chemicals

The contracts signed at the beginning Q4 for phenol have shown a rise of 6 € / Tm.

These large fluctuations were triggered by speculative movements of suppliers

Professionals of the industry are guided by this compound's tendency in USA.

Not even the incident in Moerdijk has managed to tighten the market, due to the sharp drop in sales

Phenol demand remains weak in September same as shown throughout current period

Reduction of production ratios in USA will help correcting the current surplus situation.