May 18 - On May 18, Lihuayi Weiyuan Chemical Co., Ltd. adjusted its ex-factory settlement price for phenol upward by 300 RMB/ton to 8,200 RMB/ton. The company’s two phenol-ketone units, with a combined capacity of 700,000 tons/year, are operating normally with scheduled shipments and low inventory levels.

Chempricehub’s Assessment:

Phenol (Bull/Bear Score: 1.5): On May 18, Lihuayi Weiyuan increased its ex-factory settlement price for phenol by 300 RMB/ton to 8,200 RMB/ton. The company’s total 700,000 tons/year phenol-ketone units are running normally, with scheduled shipments and low inventory. The supply-demand balance in the spot market remains relatively strong, providing clear support for phenol prices—a bullish factor.

Bisphenol A (Bull/Bear Score: 0.5): Phenol is a core raw material for bisphenol A production. The upward adjustment in phenol ex-factory prices directly raises bisphenol A production costs, offering indirect bullish support to bisphenol A prices.

Epoxy Resin (Bull/Bear Score: 0.5): Bisphenol A is an important raw material for epoxy resin production. The upstream price increase in phenol drives cost transmission upward, providing some bullish support to epoxy resin prices.