On January 30, the price of phenol, a high-performance chemical material, was raised by 150 to 6,450 yuan/ton. The 400,000-ton/year phenol-ketone unit is operating normally, with major contracts being fulfilled and low inventory levels. PriceSeek's analysis of phenol indicates a bullish-bearish score of 2. The article shows that the spot price of phenol has increased by 150 yuan/ton to 6,450 yuan/ton. While the unit is operating normally, the low inventory suggests tight supply and strong demand, which constitutes a significant positive factor for the spot price. The price increase directly reflects an imbalance between market supply and demand and may drive further upward movement in the spot market.
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