On February 9, Longjiang Chemical's phenol price was set at 6,750 yuan/ton, effective from February 2. The company's 350,000-ton-per-year phenol-ketone unit is operating at full capacity, with phenol prioritized for internal use and external sales mainly based on contracts. Inventory levels are low. PriceSeek's analysis of phenol shows a long-short rating of +1. The article indicates that Longjiang Chemical's phenol unit is running at full capacity, but phenol is prioritized for internal use, and external sales are primarily contract-based, with low inventory levels. This leads to reduced external market supply, potentially driving up spot prices. Considering the current stable price of 6,750 yuan/ton, the supply tightness factor is favorable for the spot market, resulting in a rating of +1 (generally positive).
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