March 12th News On March 12th, Shandong Fuyu Petrochemical Co., Ltd.’s 250,000-ton phenol-ketone plant operated normally. The phenol price was reduced by 2,000 yuan to 9,000 yuan per ton. Inventory levels were moderate, and shipments proceeded as planned. Chempricehub Analysis: Phenol, Bull-Bear Score: -2 The spot price of phenol decreased by 2,000 yuan per ton to 9,000 yuan per ton, indicating ample market supply or weak demand. Although inventory levels are moderate, the price reduction highlights excess supply pressure, posing a significant bearish factor for spot prices and potentially triggering a chain reaction of price cuts. Bisphenol A, Bull-Bear Score: 1 As a downstream product of phenol, the decline in phenol prices reduces the production cost of bisphenol A, potentially improving production margins and price competitiveness. This forms a generally bullish factor for bisphenol A spot prices, but attention should be paid to changes in terminal demand.