May 12 News – On May 12, Longjiang Chemical raised its phenol price by 100 RMB/ton to 8,100 RMB/ton, effective from the same day. The company’s 350,000-ton/year phenol-acetone unit is operating at full capacity, with phenol prioritized for captive use and external sales primarily under contract. Inventory levels remain low.

Chempricehub Analysis – Phenol: Bullish/Bearish Score: 1
On May 12, Longjiang Chemical raised phenol offer price by 100 RMB/ton to 8,100 RMB/ton. The company’s 350,000-ton/year phenol-acetone unit runs at full load, with phenol prioritized for captive use and external sales mainly under contract. Low inventory levels provide strong supply-side support, which is bullish for phenol spot prices.

Bisphenol A: Bullish/Bearish Score: 0.5
Phenol is the key upstream raw material for bisphenol A. The recent phenol price increase will raise bisphenol A production costs, offering certain cost support for bisphenol A prices, leaning slightly bullish.