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Chempricehub Key Reminder: Phenol Price Increase Benefits Spot Market
Published on 2026-03-09
On March 9, the price of phenol from Gaohua Materials was raised by 3,400 yuan to 12,000 yuan per ton. The 400,000-ton-per-year phenol-ketone plant is operating normally, with shipments primarily based on contracts and low inventory levels. Chempricehub's analysis of phenol assigns a bullish-bearish score of 2. The article notes that the phenol price has increased by 3,400 yuan per ton to 12,000 yuan per ton. Despite normal plant operations, low inventory levels and contract-based shipments indicate tight supply and strong demand. This directly benefits the spot price of phenol, with a significant increase (approximately 40%), reflecting an imbalance between market supply and demand. It is expected that the spot price will maintain a strong upward trend. Bisphenol A (BPA), with a bullish-bearish score of 1, is a downstream product of phenol. The rise in phenol prices will increase its production costs, providing cost support. Although the article does not directly mention the supply and demand dynamics of BPA, rising raw material costs may drive up the spot price of BPA, creating a generally favorable impact. Attention should be paid to changes in downstream demand, but current cost pressures are beneficial for short-term price increases.