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Chempricehub Important Notice: Price Increase for Phenol from Sinopec-SABIC Tianjin Petrochemical
Published on 2026-01-30
January 30th News: On January 30th, Sinopec-SABIC Tianjin Petrochemical raised the latest price of phenol by 150 yuan to 6,450 yuan per ton. The 350,000-ton-per-year phenol-ketone unit at Sinopec-SABIC Petrochemical has entered normal operation, with the majority of products being used internally and a small portion sold externally. The manufacturer is shipping according to plan. Chempricehub Analysis of Phenol, Bull-Bear Score: +1.5 The spot price of phenol has increased by 150 yuan per ton to 6,450 yuan per ton, directly reflecting positive market signals of tight supply or increased demand. Although the Sinopec-SABIC Petrochemical unit is operating normally, the fact that most products are used internally and only a small portion is sold externally may reduce market circulation, further driving up spot prices. The score is +1.5, as the significant price increase and tight supply structure constitute a strong positive factor, though it is not an extreme event (such as a large-scale shutdown).