March 5th News: On March 5th, Longjiang Chemical raised the price of phenol by 400 yuan to 8,400 yuan per ton, effective from the 5th. The company's 350,000-ton-per-year phenol-ketone plant is operating at full capacity, with phenol prioritized for internal use and external sales primarily based on contracts. Inventory levels are low. Chempricehub analysis of phenol, with a bullish-bearish score of 2: Longjiang Chemical increased the phenol price by 400 yuan per ton to 8,400 yuan per ton. Despite the phenol-ketone plant operating at full capacity, inventory remains low, with priority given to internal use and external sales mainly contract-based. This indicates tight supply and strong demand, constituting a significant positive factor for the spot price of phenol. It is expected that the spot price will maintain an upward trend in the short term. Bisphenol A, with a bullish-bearish score of 1: As phenol is a primary raw material for bisphenol A, its price increase will raise the production cost of bisphenol A, potentially driving up the spot price. However, attention should be paid to the stability of downstream demand. Overall, the impact is moderately positive, and the spot price may experience a moderate increase.