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Chempricehub Key Reminder: Phenol Price Increase Boosts Spot Market
Published on 2026-03-04

March 3rd News — On March 3rd, the price of phenol from Gaohua Materials was raised by 600 to 7,500 RMB/ton. The 400,000 tons/year phenol-ketone plant is operating normally, with shipments primarily based on contracts and low inventory levels. Chempricehub's analysis of phenol shows a bullish-bearish score of +2. The article indicates that the spot price of phenol has increased significantly by 600 RMB/ton to 7,500 RMB/ton. Although the plant is operating normally, inventory remains low, and shipments are mainly contract-based, suggesting tight supply or strong demand. This directly benefits the spot price, and a short-term upward trend is expected. Score: +2 (Significant Positive Impact) — Based on the significant price increase and low inventory reinforcing expectations of tight supply.

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