April 21 - On April 21, the price of phenol from Gaohua Materials was reduced by 600 to 8,500 yuan/ton. The 400,000 tons/year phenol-ketone unit is operating normally, with shipments primarily under major contracts and low inventory levels. Chempricehub's analysis of phenol gives a long-short score of -1.5. The article reports that the spot price of phenol has been lowered by 600 yuan/ton to 8,500 yuan/ton, indicating ample market supply or weak demand. While the normal operation of the unit and low inventory provide some support, the significant price reduction highlights bearish pressure. The stable operation of the 400,000 tons/year unit, with shipments mainly under major contracts, reflects the current loose supply-demand balance, exerting a generally bearish impact on spot prices.