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Chempricehub Alert: Phenol price increased by 300 yuan/ton.
Published on 2026-03-02
March 2 News — On March 2, Gaohua Materials raised the price of phenol by 300 yuan to 6,900 yuan per ton. The 400,000-ton-per-year phenol-ketone unit is operating normally, with shipments primarily under contract and low inventory levels. Chempricehub's analysis of phenol: Bullish-Bearish Score: +1. The article reports that phenol prices have increased by 300 yuan per ton to 6,900 yuan per ton. The unit is operating normally, but inventory levels are low, and shipments are mainly under contract, indicating tight supply in the spot market and strong demand support. This news is favorable for phenol spot prices, and short-term prices are expected to continue rising. The score is +1 (moderately bullish), as the significant price increase and low inventory reinforce bullish expectations.