May 11 News – On May 11, phenol offers across major markets in China declined:

| Region | Price (CNY/ton) | Change |
|--------|----------------|--------|
| East China | 7,650 | -100 |
| Shandong | 7,700 | 0 |
| Yanshan Surrounding | 7,700 | -50 |
| South China | 7,900 | 0 |

Chempricehub Analysis:

Phenol – Bullish/Bearish Score: -1
On May 11, spot phenol offers in the domestic market trended downward overall. Offers in East China decreased by 100 CNY/ton compared with earlier levels, while those in the Yanshan surrounding area fell by 50 CNY/ton. The spot side showed weak performance, exerting a generally bearish influence on phenol prices.

Bisphenol A – Bullish/Bearish Score: -0.5
Phenol is the core raw material for producing bisphenol A. The current decline in phenol spot prices will directly reduce the production cost of bisphenol A, forming a mildly bearish factor for bisphenol A prices.

Epoxy Resin – Bullish/Bearish Score: -0.5
The drop in phenol prices will be transmitted upstream to the bisphenol A segment, thereby weakening the cost support for epoxy resin, forming a mildly bearish factor for epoxy resin prices.