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Chempricehub Key Reminder: China's Bluestar Phenol Price Increase is Favorable
Published on 2026-03-05

March 5th news: On March 5th, China National Bluestar Harbin Petrochemical Co., Ltd. raised its phenol price by 400 yuan/ton to 8,850 yuan/ton. The company's 150,000-ton/year phenol-acetone plant is operating normally, with phenol sales primarily based on contracts and deliveries proceeding as scheduled.

Chempricehub analysis of phenol: Bull-bear score: +1.5. The article reports that China National Bluestar Harbin Petrochemical Co., Ltd. has increased its phenol price by 400 yuan/ton to 8,850 yuan/ton, indicating tightening supply-demand dynamics in the spot market or rising cost pressures, which significantly benefits spot phenol prices. The company's phenol-acetone plant is operating normally, with sales mainly based on contracts, ensuring stable supply without disruption risks and further supporting the upward price trend. Therefore, a score of +1.5 reflects a generally positive impact, with expectations that spot prices will remain firm in the short term.

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