May 8 News
On May 8, domestic phenol offer prices declined across major markets:

| Region | Price (yuan/ton) | Change (yuan/ton) |
|--------|-----------------|-------------------|
| East China | 7,550 | -300 |
| Shandong | 7,900 | -400 |
| Yanshan surrounding area | 7,900 | -400 |
| South China | 7,900 | -350 |

Chempricehub Phenol Analysis (Long/Short Score: -1.5)
On May 8, phenol offer prices in all major domestic regions fell sharply, with declines of 300–400 yuan/ton in East China, Shandong, the Yanshan surrounding area, and South China. The market is weak in supply-demand balance, exerting a clear bearish impact on spot prices.

Bisphenol A (Long/Short Score: -1)
Phenol is the core raw material for bisphenol A production. The sharp drop in phenol prices will directly undermine cost support for bisphenol A, resulting in a generally bearish impact on its pricing.

Epoxy Resin (Long/Short Score: -0.5)
The decline in upstream phenol prices will transmit through the bisphenol A chain to the epoxy resin industry. Cost-side support has slightly softened, producing a minor bearish impact on epoxy resin prices.