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Chempricehub Important Notice: BlueStar Petrochemical Phenol Price Increased by 400 Yuan
Published on 2026-03-06
March 6th News: On March 6th, China National Bluestar Harbin Petrochemical Co., Ltd. raised the price of phenol by 400 yuan to 9,250 yuan per ton. The company's 150,000-ton-per-year phenol-acetone unit is operating normally, with phenol primarily supplied under contract and shipped according to plan. Chempricehub Analysis on Phenol: Bull-Bear Score: 1.5 China National Bluestar Harbin Petrochemical Co., Ltd. increased the spot price of phenol by 400 yuan per ton to 9,250 yuan per ton on March 6th. This adjustment directly reflects the tight supply-demand situation in the market, likely driven by increased downstream demand or reduced local supply. Although the 150,000-ton-per-year phenol-acetone unit is operating normally and shipments are proceeding as planned, the significant price increase (approximately 4.5%) is expected to boost market buying confidence and support the strengthening of phenol spot prices in the short term. A score of 1.5 indicates a relatively strong bullish signal, as the clear price hike is likely to attract speculative long positions, further driving up spot market prices.