March 3 — On March 3, Zhejiang Petrochemical raised its phenol price by 100 yuan/ton to 7,100 yuan/ton ex-Cangyin warehouse, effective from March 2. Both the first-phase 650,000 t/y phenol-ketone unit and the second-phase 650,000 t/y phenol-ketone unit are operating normally, with moderate inventory levels. Sales are primarily focused on contracted phenol customers for external use. Chempricehub Analysis on Phenol, Bull-Bear Score: +1 The article reports that Zhejiang Petrochemical has increased its spot phenol price by 100 yuan/ton to 7,100 yuan/ton, effective from March 2. The normal operation of the units and moderate inventory levels indicate strong market demand or tight supply, which is favorable for spot prices. This change reflects a positive signal in supply-demand balance. However, as inventory does not show a shortage, the price increase is moderate, resulting in a generally positive impact on prices, with a score of +1.