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The import of Phenolic Resins has reached its peak and is expected to keep growing in the near future, with imports amounting to $90M in 2023.
From May 2023 to October 2023, Phenolic Resins imports experienced a significant decline, reaching a value of $366K in October 2023.
The most significant growth rate was observed in September 2022, with a 50% increase in exports compared to the previous month. In terms of value, exports of Phenolic Resins declined to $6.1M in August 2023.
In July 2023, the price of Phenolic Resins was $5,873 per ton (FOB, Japan), experiencing a decline of -6.6% compared to the previous month.
In July 2023, the price of Phenolic Resins was $2,718 per ton (CIF, Thailand), showing a 4.5% increase compared to the previous month.
Imports of Phenolic Resins surged to $26M in June 2023 in terms of value.
In February 2023, the phenolic resins price stood at $3,077 per ton (CIF, India), reducing by -5.5% against the previous month.
In January 2023, the phenolic resins price stood at $4,775 per ton (CIF, Hong Kong), with an increase of 5% against the previous month.
In July 2022, the phenolic resins price per ton stood at $1.4K (CIF, Canada), growing by 3.9% against the previous month.
In August 2022, the phenolic resins price per ton amounted to $799, which is down by -68.8% against the previous month.
The revenue of the phenolic resins market in Asia amounted to $5.6B in 2017, stabilizing at the previous year. This figure...