April 24 News: On April 24, Sinopec-SK Tianjin Petrochemical Company (also referred to as SSTE) lowered its latest phenol price by 100 yuan/ton, now priced at 8,400 yuan/ton. The company's 350,000-ton/year phenol-acetone unit is operating under normal conditions, with products primarily for captive use and limited external sales. The manufacturer is proceeding with scheduled shipments as planned. Chempricehub comments on phenol, bearish/bullish score: -1. The spot price of phenol has been reduced by 100 yuan/ton to 8,400 yuan/ton, directly indicating adequate market supply or weak demand. SSTE's unit is operating normally, with products mainly for internal consumption and a small portion for external sales, signaling stable supply but insufficient demand. Spot prices are expected to face downward pressure. The score is generally bearish (-1), as the price cut is moderate with no significant demand support signals.