On January 30, Longjiang Chemical raised its phenol price by 100 yuan to 6,600 yuan per ton, effective from the 30th. The company's 350,000-ton-per-year phenol-ketone plant is operating at full capacity, with phenol prioritized for internal use. External sales are mainly based on contracts, and inventory levels are low. PriceSeek analysis for phenol, with a bullish-bearish score of 1.5: Longjiang Chemical raised its phenol price by 100 yuan per ton to 6,600 yuan per ton. Despite operating at full capacity, phenol is prioritized for internal use, and external sales are primarily contract-based with low inventory, indicating tight supply and steady demand, which is favorable for spot prices. The price increase directly reflects tight market supply and demand, potentially driving further short-term spot price increases. Bisphenol A, with a bullish-bearish score of 1: As the main raw material for bisphenol A, phenol's price increase of 100 yuan per ton will raise the production cost of bisphenol A, which may be passed on to the bisphenol A spot market, pushing prices higher. Although the article does not directly mention changes in bisphenol A supply and demand, the rising raw material cost constitutes a favorable factor, supporting expectations of higher spot prices.
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