February 25th News
On February 25th, Lihuayi Weiyuan Chemical Co., Ltd. raised the ex-factory settlement price of phenol by 50 yuan to 6,850 yuan per ton. The company's two phenol-ketone units, with a combined annual capacity of 700,000 tons, are operating normally. Shipments are proceeding as planned, and inventory levels are low.
Chempricehub Analysis on Phenol
Bull-Bear Score: +1.5
The ex-factory settlement price of phenol increased by 50 yuan per ton to 6,850 yuan per ton. The normal operation of the company's units and low inventory levels indicate tight supply and steady demand, which is favorable for spot prices. The score is +1.5, as the price increase is moderate, and low inventory supports short-term upward expectations. However, since no significant changes in supply and demand are involved, it does not reach the level of a major positive factor.