On January 30, Sinopec North China raised its phenol listed price by 150 yuan/ton to 6,450 yuan/ton for cash payment and self-pickup, effective from January 30, with Yanshan Petrochemical and Zhongsha Tianjin uniformly implementing this price. PriceSeek analysis for phenol, bullish-bearish score: 1. Sinopec North China's phenol listed price has been increased by 150 yuan/ton to 6,450 yuan/ton for cash payment and self-pickup, effective from January 30, uniformly implemented by Yanshan Petrochemical and Zhongsha Tianjin. This upward adjustment indicates tight market supply or strong demand, providing robust support for spot phenol prices and benefiting market sentiment. The increase of approximately 2.3% is considered a moderate positive, expected to drive spot price gains in the short term and bolster market confidence.
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