February 2nd News — On February 2nd, Sinopec North China raised its phenol listed price by 100 yuan to 6,550 yuan/ton on a cash-and-carry basis, effective from February 2nd. This price adjustment applies uniformly to its subsidiaries, Yanshan Petrochemical and Sinopec SABIC Tianjin Petrochemical. Chempricehub Analysis on Phenol, Bull-Bear Score: 1.5 Sinopec North China's phenol listed price increase of 100 yuan/ton to 6,550 yuan/ton reflects tight market supply or strengthening demand, providing significant support to spot phenol prices. Driven by a major producer, this move may lead to a broader price increase across the industry, with strong bullish sentiment prevailing in the short-term spot market.