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Chempricehub Alert: Longjiang Chemical's Phenol Price Increased by 200 Yuan
Published on 2026-03-03
March 3rd News: On March 3rd, Longjiang Chemical raised the price of phenol by 200 yuan to 7,400 yuan per ton, effective from the 3rd. The company's 350,000-ton-per-year phenol-ketone plant is operating at full capacity, with phenol prioritized for internal use. External sales are primarily based on contracts, and inventory levels are low. Chempricehub Analysis: Phenol, Bull-Bear Score: +1 The phenol price has been raised by 200 yuan per ton to 7,400 yuan per ton. Despite the plant operating at full capacity, inventory remains low, with priority given to internal use and external sales mainly based on contracts. This indicates tight spot supply and strong demand, which is favorable for spot prices. A score of +1 indicates a generally positive outlook, as the price increase is significant but does not involve major fundamental changes. Bisphenol A, Bull-Bear Score: +0.5 As a downstream product of phenol, the rise in phenol prices increases production costs, which may indirectly push up the spot price of bisphenol A. However, the article does not directly address the supply-demand dynamics or market trends of bisphenol A, so the positive impact is relatively mild. A score of +0.5 indicates a slight positive effect, with attention needed on subsequent cost transmission effects.