On January 16, Shandong Fuyu Petrochemical Co., Ltd.'s 250,000-ton phenol-ketone unit operated normally. The phenol price was raised by 50 yuan to 5,900 yuan per ton, with average inventory and shipments proceeding as planned. PriceSeek analysis of phenol, with a long-short score of 1: The phenol price increased by 50 yuan per ton to 5,900 yuan per ton, indicating tight market supply and demand, possibly due to stronger demand or limited supply, which directly drives up spot prices. Normal operation of the unit and average inventory suggest stable supply, but the price increase still supports bullish market sentiment, benefiting the spot market.
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