May 8 News | On May 8, Yangzhou Shiyou lowered its phenol price by 600 yuan/ton to 7,900 yuan/ton (effective from May 8). It is reported that its 320,000-ton/year phenol-acetone unit is operating normally, with shipments primarily under contract and inventory levels not high.

Chempricehub comments on phenol: Bullish/Bearish Rating: -1
On the spot side, Yangzhou Shiyou cut its phenol quotation by 600 yuan/ton to 7,900 yuan/ton on May 8. Despite the plant's normal operation and low inventory, this producer price reduction exerts a mildly bearish impact on spot phenol prices.

Phthalic Anhydride: Bullish/Bearish Rating: 0
This news does not involve any changes in phthalic anhydride supply, demand, or pricing, thus having a neutral impact on phthalic anhydride prices.

Tetrachloroethylene: Bullish/Bearish Rating: 0
This news does not involve any changes in tetrachloroethylene supply, demand, or pricing, thus having a neutral impact on tetrachloroethylene prices.