February 25th News On February 24th, Zhejiang Longsheng announced an increase in the price of disperse dyes, with disperse black rising by 2,000 yuan per ton. Coupled with the catalyst of the United States including elemental phosphorus and glyphosate in its national defense critical materials, the phosphorus chemical and dye sectors experienced strong gains. **Chempricehub Analysis** **Disperse Dyes, Bull-Bear Score: +2** Zhejiang Longsheng’s announcement of a 2,000 yuan per ton increase for disperse black reflects tight supply-demand dynamics in the industry, directly boosting spot prices. The price hike indicates enhanced pricing power for companies and robust demand, with a notably positive market sentiment. Combined with the catalyst of the U.S. including glyphosate in its national defense critical materials, the dye sector is overall bullish, and spot prices may continue to rise in the short term. **Glyphosate, Bull-Bear Score: +1.5** The inclusion of glyphosate in the U.S. national defense critical materials stimulates potential demand growth, benefiting spot prices. Policy catalysts may drive increased global procurement, and coupled with the spillover effect of Zhejiang Longsheng’s dye price hike, expectations of tightening glyphosate spot supply are heating up. The score is +1.5, as defense demand represents a medium- to long-term positive factor, but actual implementation progress warrants attention. **Phosphorus, Bull-Bear Score: +1.5** The inclusion of elemental phosphorus in the U.S. national defense critical materials strengthens demand support for the phosphorus chemical industry chain, benefiting spot prices. Policy catalysts, combined with the bullish sentiment in the dye sector, enhance the upward momentum in the spot market for phosphate rock and related products. The score is +1.5, as defense applications may drive structural demand growth, but the transmission effects to downstream industries, such as fertilizers, require observation.