April 3rd News: On April 3rd, Yangzhou Shiyou raised the price of phenol by 300 yuan to 9,800 yuan per ton (effective from March 30th). It is reported that the 320,000-ton-per-year phenol-acetone unit is operating normally, with shipments primarily based on contracts, and inventory levels are not high. Chempricehub's analysis of phenol, with a long-short score of 1.5: Yangzhou Shiyou increased the phenol price by 300 yuan per ton to 9,800 yuan per ton, effective from March 30th. The unit is operating normally, but inventory levels are low, indicating tight supply or increased demand, which directly benefits spot prices. Low inventory supports the upward price trend, and the market supply-demand structure has improved. Bisphenol A, with a long-short score of 0.5: As phenol is a key raw material for bisphenol A, its price increase may raise the production cost of bisphenol A, indirectly supporting spot prices. However, there is currently no direct market data, and the impact is limited. Further attention should be paid to subsequent cost transmission.
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