May 21 News - On May 21, Shenghong Refining & Chemical's phenol contract listing price was reduced by 150 yuan/ton to 8050 yuan/ton. Further developments will be monitored. Chempricehub comments on phenol, long-short score: -1. On May 21, Shenghong Refining & Chemical's phenol contract listing price was reduced by 150 yuan/ton to 8050 yuan/ton. The downward adjustment of the producer's quotation has intensified bearish expectations in the spot market, exerting a generally negative impact on spot phenol prices. Bisphenol A, long-short score: 0. Phenol is the upstream feedstock for bisphenol A, but this phenol price reduction is relatively small, so the weakening effect on cost support for bisphenol A is limited. Currently, there is no obvious bullish or bearish driver, and the price trend is neutral.