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Chempricehub Important Reminder: Phenol Price Increase Benefits Spot Market
Published on 2026-01-30
January 30th — On January 30th, the price of phenol, a high-performance chemical material, was raised by 150 yuan to 6,450 yuan per ton. The 400,000-ton-per-year phenol-ketone plant is operating normally, with primary contract shipments and low inventory levels. According to Chempricehub's analysis of phenol, the bullish-bearish score is 2. The article indicates that the spot price of phenol has increased by 150 yuan per ton to 6,450 yuan per ton. Despite normal plant operations, low inventory levels suggest tight supply and strong demand, which constitutes a significant positive factor for spot prices. The price hike directly reflects the imbalance between market supply and demand, potentially driving further increases in the spot market.