May 12 News – On May 12, Shenghong Refining & Chemical raised its phenol contract listing price by 50 CNY/ton, setting the price at 7,750 CNY/ton. Further developments will continue to be monitored. Chempricehub assesses phenol: Long-Short Score: 1. Shenghong Refining & Chemical’s phenol contract listing price has been raised by 50 CNY/ton to an execution price of 7,750 CNY/ton. The increase in supply-side quotations provides direct support to spot phenol prices, benefiting their price trend. Bisphenol A: Long-Short Score: 0.5. Phenol is the core upstream raw material for bisphenol A. The upward adjustment in phenol quotations will increase the production cost of bisphenol A, providing mild supportive support to bisphenol A prices.