March 2nd News: On March 2nd, Zhejiang Petrochemical raised its phenol price by 250 yuan to 7,000 yuan per ton for delivery from Jiangyin warehouse, effective from March 2nd. Both the Phase I 650,000-ton-per-year phenol-ketone unit and the Phase II 650,000-ton-per-year phenol-ketone unit are operating normally, with moderate inventory levels. Sales are primarily focused on contract customers for external phenol use. Chempricehub's analysis of phenol, with a long-short score of 1: Zhejiang Petrochemical's phenol price increase of 250 yuan per ton to 7,000 yuan per ton indicates tight spot market supply or increased demand, which is favorable for spot prices. Normal operation of the units and moderate inventory levels support stable price increases, but the extent of the rise is limited, assessed as a generally positive development.