February 2nd News On February 2, China National Bluestar Harbin Petrochemical Co., Ltd. raised its phenol price by 100 yuan to 7,200 yuan/ton. The company's 150,000-ton/year phenol-acetone unit is operating normally, with phenol sales primarily based on contracts and outbound shipments proceeding as scheduled. Chempricehub's Analysis of Phenol, Bull-Bear Score: +1 China National Bluestar Harbin Petrochemical has increased its spot phenol price by 100 yuan/ton to 7,200 yuan/ton. Despite normal plant operations, the price hike suggests tight supply-demand conditions in the spot market, potentially driven by stronger demand or short-term supply constraints. This signals a positive development for spot prices, scoring +1 (moderately bullish), as the price increase is moderate (approximately 1.4%), directly enhancing spot value. However, it does not constitute a major bullish factor, and the sustainability of demand should be monitored going forward.