May 12 News
On May 12, phenol offers across China's regional markets declined as follows:

| Region | Price (RMB/ton) | Change (RMB/ton) |
|----------------------|----------------|------------------|
| East China | 7,680 | -30 |
| Shandong Region | 7,800 | -100 |
| Yanshan Surroundings | 7,700 | -50 |
| South China | 8,000 | -100 |

Chempricehub Analysis – Phenol, Bearish/Bullish Rating: -1
On May 12, spot phenol offers in all major domestic regions declined across the board. Prices in East China, Shandong, Yanshan surrounding areas, and South China fell by RMB 30/ton, RMB 100/ton, RMB 50/ton, and RMB 100/ton, respectively, compared to the previous values. Market transactions were weak, exerting a generally bearish impact on phenol prices.

Bisphenol A, Bearish/Bullish Rating: -0.5
Phenol is a core raw material for bisphenol A production. The recent decline in phenol prices will reduce the production cost of bisphenol A and weaken cost-side support, resulting in a slightly bearish effect on bisphenol A prices.

Epoxy Resin, Bearish/Bullish Rating: -0.5
Phenol is one of the raw materials for epoxy resin production. The decline in phenol prices will undermine cost-side support for epoxy resin, leading to a slightly bearish impact on epoxy resin prices.