On January 30, Shandong Fuyu Petrochemical Co., Ltd.'s 250,000-ton phenol-ketone unit operated normally. The price of phenol was raised by 100 yuan to 6,400 yuan per ton, with inventory at a moderate level and shipments proceeding as planned. PriceSeek analysis of phenol, with a long-short score of 1: The phenol price increased by 100 yuan per ton to 6,400 yuan per ton, indicating proactive price hikes by suppliers, reflecting enhanced market confidence, possibly driven by improved demand or cost support. The normal operation of the unit and shipments as planned suggest stable supply, with moderate inventory levels and no excess pressure, which is favorable for short-term upward movement in spot prices.
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