April 16th News
On April 16th, the 650,000-ton/year phenol-ketone unit of Shenghong Refining operated normally. The phenol contract listing price was lowered by 100 yuan/ton to 9,100 yuan/ton. Further developments will continue to be monitored.

Chempricehub Analysis:
Phenol
Bull-Bear Score: -1
The phenol contract listing price was lowered by 100 yuan/ton to 9,100 yuan/ton, reflecting stable supply amid normal operation of the Shenghong Refining unit or weak demand, exerting downward pressure on spot prices. This represents a generally bearish impact.

Bisphenol A
Bull-Bear Score: 0.5
The price reduction of phenol, a key raw material for bisphenol A, may lower production costs, exerting a slight positive impact on bisphenol A spot prices. However, actual effects need to be evaluated in conjunction with changes in downstream demand.