March 31, Yihua Liwei Weiyuan Chemical Co., Ltd. raised the listed price of phenol by 300 yuan to 9,500 yuan per ton, effective from March 31. The company's two sets of phenol-ketone units, with a combined annual capacity of 700,000 tons, are operating normally, shipping according to plan, and inventory is low. Chempricehub's analysis of phenol, with a bullish-bearish score of 2: The listed price of phenol has been raised by 300 yuan per ton to 9,500 yuan per ton, effective from March 31, indicating that the company expects strong market demand or tight supply. The normal operation of the company's units and low inventory further support expectations of rising spot prices, constituting a significant positive factor.
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