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Chempricehub Alert: Zhejiang Petrochemical Phenol Price Increases by 250 Yuan
Published on 2026-02-13
February 13th News On February 13th, Zhejiang Petrochemical raised the price of phenol by 250 yuan per ton, setting it at 6,500 yuan per ton for ex-warehouse pickup in Jiangyin. This price adjustment has been effective since February 11th. Both the first-phase 650,000-ton-per-year phenol-ketone unit and the second-phase 650,000-ton-per-year phenol-ketone unit are operating normally, with moderate inventory levels. The company primarily supplies phenol to contract customers for external use. Chempricehub Analysis on Phenol Bull-Bear Score: 1 The spot price of phenol has increased by 250 yuan per ton to 6,500 yuan per ton, indicating proactive price adjustments by enterprises. This reflects strong market demand or cost support, which is favorable for the spot price trend. The normal operation of the units and moderate inventory levels suggest stable supply. However, the price hike reinforces market expectations of an upward trend, supporting short-term price increases.