March 26th News: On March 26th, Shandong Fuyu Petrochemical Co., Ltd. restarted its 180,000-ton phenol-ketone unit. Upon the production of premium-grade products, the price of bisphenol A was raised by 500 to 11,500 yuan/ton. Chempricehub's analysis of bisphenol A shows a bullish-bearish score of 1.5. The restart of Shandong Fuyu Petrochemical's phenol-ketone unit may increase the supply of bisphenol A, but the company immediately raised the price by 500 yuan/ton to 11,500 yuan/ton, indicating strong market demand or tight supply, which is significantly positive for spot prices. In the initial stage of the unit restart, the supply increase is limited, while the price hike reflects robust end-user demand and low inventory levels. It is expected that spot prices will maintain an upward trend in the short term.
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