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Chempricehub Important Notice: Longjiang Chemical's Phenol Price Increased by 50 Yuan
Published on 2026-02-10
February 10 News On February 10, Longjiang Chemical raised its phenol price by 50 yuan to 6,800 yuan/ton, effective from the 10th. The company's 350,000-ton/year phenol-ketone plant is operating at full capacity, with phenol prioritized for internal use. External sales are primarily based on contracts, and inventory levels are low. Chempricehub Analysis: Phenol, Bull-Bear Score: 2 The article indicates that Longjiang Chemical has increased its phenol price by 50 yuan/ton to 6,800 yuan/ton. The company's phenol-ketone plant is running at full capacity, but priority is given to internal use, external sales are mainly contract-based, and inventory is low. This suggests tight spot supply and strong demand, which is significantly bullish for phenol spot prices. It is expected that spot prices may continue to rise in the short term. Bisphenol A, Bull-Bear Score: 1 As phenol is a major raw material for bisphenol A, the increase in phenol prices may raise the production cost of bisphenol A, indirectly driving up its spot prices. Although the article does not directly mention bisphenol A, based on the raw material transmission effect, this news is generally bullish for the bisphenol A spot market.