February 26th News — On February 26th, the price of phenol, a high-performance chemical material, was raised by 100 RMB to 6,600 RMB per ton. The 400,000-ton-per-year phenol-ketone plant is operating normally, with the majority of shipments being contract-based and inventory levels remaining low. Chempricehub's analysis of phenol indicates a bullish-bearish score of 1. The report highlights that the phenol price has been increased by 100 RMB per ton to 6,600 RMB per ton, with the 400,000-ton-per-year plant operating normally and low inventory levels, suggesting strong demand or tight supply, which supports the rise in spot prices. This increase (approximately 1.5%) reflects a tight supply-demand balance in the market, which is favorable for spot market conditions. It is anticipated that prices may maintain an upward trend in the short term.