March 2nd News: On March 2nd, Longjiang Chemical raised the price of phenol by 300 RMB to 7,200 RMB per ton, effective from the same day. The company's 350,000-ton-per-year phenol-ketone unit is operating at full capacity, with phenol prioritized for internal use. External sales are primarily based on contracts, and inventory levels are low. Chempricehub's analysis of phenol, with a bullish-bearish score of 2, reports that Longjiang Chemical has increased the price of phenol by 300 RMB per ton to 7,200 RMB per ton. The company's 350,000-ton-per-year phenol-ketone unit is running at full capacity, but phenol is prioritized for internal use, external sales are mainly contract-based, and inventory is low, indicating tight market supply and strong demand. This will directly drive up the spot price of phenol, representing a significant positive factor.