Phenol Prices Database: Real-Time Chart, Trend and Forecast Data

Phenol Industrial Grade Price Trends - Ex-Works China (YoY Analysis and 2025 Outlook)

Phenol industrial grade prices in China witnessed notable year-on-year (YoY) fluctuations during the last quarter of 2024, reflecting broader dynamics in feedstock availability, regional demand patterns, and production economics. According to market data, October 2024 saw prices at USD 1050/MT, a 12.9% decline from USD 1205/MT in October 2023. This sharp drop was mainly attributed to weaker domestic demand and lower benzene feedstock prices during that period.

Get the Real-Time Prices Analysis: https://www.expertmarketresearch.com/price-forecast/phenol-price-trends/requestsample

In November, the price gap narrowed with phenol priced at USD 1070/MT, only 3.6% lower YoY compared to USD 1110/MT in November 2023. This milder decline indicated some stabilization, supported by slight improvements in downstream consumption, particularly in the bisphenol-A and phenolic resin sectors. By December, phenol prices had nearly equalized with the previous year, recording a 0.9% YoY decrease to USD 1090/MT from USD 1100/MT in 2023, suggesting a near-bottoming out of the market and potential for recovery.

Expert Market Research forecasts phenol prices to remain regionally varied in 2025, influenced by multiple factors such as feedstock costs (notably benzene), supply-demand imbalances, and regional operating rates. In China, producers are expected to maintain cautious production strategies amid evolving economic conditions and fluctuating raw material prices.

Additionally, environmental regulations and energy costs will likely shape production economics, potentially applying upward pressure on prices. The anticipated recovery in end-use industries - including construction, automotive, and electronics - may further support a gradual firming of phenol prices into 2025.

Overall, while phenol prices saw a marked drop in October 2024, the narrowing YoY gap in the following months signals a potentially more balanced market moving forward.

Read More About Phenol Price Trend: https://www.expertmarketresearch.com/price-forecast/phenol-price-trends

Global Phenol Trade Landscape - Key Exporters, Importers, and Suppliers

Leading Exporting Countries

The global phenol market is supported by several key exporting nations with advanced chemical industries and strong production capacities. The United States stands as one of the dominant exporters, backed by a mature petrochemical sector and access to competitively priced raw materials. South Korea, Germany, and China also play pivotal roles in phenol exports, leveraging their integrated production facilities and global logistics networks. Other significant exporters include Thailand, Netherlands, Belgium, and Spain, all of which contribute to the steady global supply of industrial-grade phenol.

Leading Importing Countries

The demand for phenol is driven by a wide array of downstream industries, leading to significant imports in countries with strong manufacturing bases but limited local production. India and Indonesia are among the top importers, fueled by growing demand in sectors like plastics, automotive, and construction. Brazil, Mexico, Italy, and France are also key markets that rely on imports to support their domestic industries. Additionally, Vietnam and Turkey appear prominently as importing countries, reflecting rising industrial activity and growing consumer markets in these regions.

Major Suppliers

A number of global chemical companies dominate the phenol supply chain, ensuring high-volume and high-quality production for markets worldwide. INEOS Phenol (UK) is one of the largest phenol producers globally, with strategically located facilities across regions. Mitsui Chemicals (Japan) and LG (South Korea) are also significant players with strong regional footprints in Asia. Kumho P&B Chemicals (South Korea) and AdvanSix (USA) cater to both domestic and export markets with integrated operations. PTT Phenol Company (PTTPC) in Thailand and SABIC (Saudi Arabia) offer large-scale production capabilities and supply reliability. Meanwhile, Shell Chemicals (USA) continues to be a major global phenol supplier, benefiting from a robust upstream presence and global distribution networks.

This overview highlights the international scope of the phenol market, where a balanced ecosystem of exporting countries, importing nations, and major producers ensures supply continuity and supports diverse industrial applications worldwide.

Ask an Analyst: https://www.expertmarketresearch.com/request?type=report&flag=C&id=13494

Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices

How Claight Corporation (Expert Market Research) Database Can Help

The latest report by Expert Market Research, "Phenol Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for phenol. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.

Drawing from in-depth research, the report analyses the primary factors influencing phenol prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.

Contact us:

Claight Corporation (Expert Market Research)
30 North Gould Street, Sheridan, WY 82801, USA
Email: sales@expertmarketresearch.com
Tel No: (D) +91-723-689-1189
United States:+1-415-325-5166

About Claight Corporation (Expert Market Research):

Expert Market Research is a leading provider of syndicated and custom market intelligence, supporting clients with strategic insights across a broad range of industries. The firm delivers end-to-end research services including demand-supply assessments, pricing and cost analysis (including regional spot prices), feasibility studies, regulatory mapping, and competitive benchmarking. Expert Market Research's geographic coverage spans Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. With a data-driven methodology and deep sectoral expertise, Expert Market Research enables clients to make informed decisions and capture growth opportunities in evolving global markets.

This release was published on openPR.