January 26th News: On January 26th, Sinopec North China raised the listed price of phenol by 150 yuan to 6,200 yuan/ton for spot cash self-pickup. This price adjustment took effect from January 26th, with both Yanshan Petrochemical and Zhongsha Tianjin implementing the same price. Chempricehub's analysis of phenol, with a long-short score of 2, indicates that Sinopec North China's increase in the listed price of phenol by 150 yuan/ton to 6,200 yuan/ton for spot cash self-pickup, effective from January 26th and uniformly applied by Yanshan Petrochemical and Zhongsha Tianjin, reflects tight upstream supply or strengthening demand, directly driving up the spot market price of phenol, which is significantly favorable. The major positive rating stems from the expectation that the proactive price adjustment by the main supplier will lead to a broader market-wide price increase, reinforcing the upward price trend.