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Chempricehub Key Reminder: Heilongjiang Chemical's Phenol Price Increase is Favorable
Published on 2026-03-10
March 9th News On March 9th, Longjiang Chemical raised the price of phenol by 2,200 to 12,200 yuan/ton, effective from the 9th. The company's 350,000-ton/year phenol-ketone unit is operating at full capacity, with phenol prioritized for internal use. External sales are mainly based on contracts, and inventory levels are low. Chempricehub Analysis Phenol, Bull-Bear Score: 2 Longjiang Chemical raised the phenol price by 2,200 yuan/ton to 12,200 yuan/ton, indicating tight supply. The company's phenol-ketone unit is operating at full capacity, but phenol is prioritized for internal use, with external sales mainly based on contracts and low inventory levels, which is favorable for spot prices. Strong demand and low inventory support the significant price increase, forming a major positive for the spot market. Bisphenol A, Bull-Bear Score: 1 As the main raw material for bisphenol A, the rise in phenol prices will increase the production cost of bisphenol A, potentially driving up spot prices. Rising raw material costs generally benefit downstream products, but attention should be paid to actual demand changes and supply chain conditions.