On February 2, Longjiang Chemical raised the price of phenol by 100 to 6,750 yuan/ton, effective from the 2nd. The company's 350,000-ton/year phenol-ketone unit is operating at full capacity, with phenol prioritized for internal use and external sales mainly based on contracts. Inventory levels are low. PriceSeek analysis for phenol, long-short score: 1.5. The article indicates that the phenol price has been raised by 100 yuan/ton to 6,750 yuan/ton. The company's unit is operating at full capacity, but inventory is low. Prioritizing internal use has reduced external sales, leading to tight spot supply and strong demand support, which is favorable for the upward movement of spot prices. Bisphenol A, long-short score: 1. As phenol, the main raw material for bisphenol A, experiences a price increase, production costs are expected to rise. Combined with potential downstream demand, this is favorable for the steady to strong performance of bisphenol A spot prices.
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