Welcome to Chempricehub

 
Home > Category > News > 
Chempricehub Alert: Phenol Listed Price Increase Boosts Spot Market
Published on 2026-03-02
March 2 News On March 2, Sinopec North China raised its phenol listed price by 300 yuan/ton to 7,000 yuan/ton (ex-factory, cash payment). The new price took effect from March 2 and applies uniformly to its subsidiaries, Yanshan Petrochemical and Zhongsha Tianjin. Chempricehub Analysis on Phenol, Bull-Bear Score: +1 Sinopec North China has increased its phenol listed price by 300 yuan/ton to 7,000 yuan/ton, effective from March 2, with its subsidiaries Yanshan Petrochemical and Zhongsha Tianjin following suit. This move indicates tight market supply or increased demand, which will directly drive up spot market prices for phenol and benefit commodity market sentiment. The score of +1.0 (moderately positive) reflects the positive impact of the price hike, though the increase is moderate (approximately 4.5%) and does not reach the level of a significant positive factor.