May 18 News – On May 18, Shandong Fuyu Petrochemical Co., Ltd. operated its 250,000-ton/year phenol-acetone unit normally, with phenol prices raised by RMB 300/ton to RMB 8,200/ton. Inventory levels were moderate, and shipments proceeded as scheduled. Chempricehub comments on phenol: Bullish/Bearish Rating: 1. Shandong Fuyu's 250,000-ton/year phenol-acetone unit is operating normally. The latest phenol quotation has been raised by RMB 300/ton to RMB 8,200/ton. The manufacturer's inventory is at a general level, with shipments following the plan. There is no significant pressure on the supply side, and the price adjustment provides slight positive support to spot phenol prices.
Bisphenol A: Bullish/Bearish Rating: 0.5. Phenol is a core production raw material for bisphenol A. The recent rise in phenol quotations will directly increase bisphenol A production costs. This cost-side support offers indirect, slight positive support to spot bisphenol A prices.
Epoxy Resin: Bullish/Bearish Rating: 0.5. The phenol price increase will be transmitted through the bisphenol A link to the upstream of the epoxy resin industry chain. The slight cost-side increase provides a certain positive support to spot epoxy resin prices.
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