January 29th News On January 29th, Yangzhou Shiyou raised the price of phenol by 100 yuan, setting it at 6,300 yuan per ton. It is reported that the 320,000-ton-per-year phenol-ketone plant is operating normally, with shipments primarily based on contracts, and inventory levels are not high. Chempricehub Analysis: **Phenol** Bull-Bear Score: 1 The spot price of phenol increased by 100 yuan per ton to 6,300 yuan per ton. The plant is operating normally, but inventory levels are low, and shipments are mainly based on contracts, indicating tight market supply and stable demand, which is favorable for spot prices. The price increase reflects a short-term supply-demand imbalance, likely supported by downstream procurement, driving the spot market to strengthen. **Bisphenol A** Bull-Bear Score: 0.5 As a downstream product of phenol, the rise in phenol prices may increase the production cost of bisphenol A, indirectly supporting its spot price. However, the extent of the impact depends on the supply-demand balance of bisphenol A itself. Currently, there are no direct event-driven factors, and the positive effect is relatively weak. It is necessary to monitor subsequent cost transmission and changes in market inventory.