According to the data of the bulk commodity list of the business agency, the market of formaldehyde in Shandong has been shaken and consolidated recently. The average price of formaldehyde in Shandong is 1253.33 yuan / ton. The current price has increased by 3.30% month on month, and the current price has decreased by 8.52% year-on-year.

formaldehyde

This week, the market price of formaldehyde in Shandong is basically stable. It can be seen from the figure above that the market of formaldehyde has not fluctuated much in the past two months, and the market has fluctuated and consolidated this week. As of September 6, the mainstream market price in Shandong was 1220-1280 yuan / ton. Recently, the methanol market has been shaken up, the cost support is OK, the formaldehyde market is basically stable under the influence of methanol, the downstream demand is difficult to improve, and the purchase is just needed. The formaldehyde market is generally traded, and the market fluctuation is not big.

Upstream methanol: the domestic methanol market has a slight upward trend. The prices of enterprises in southern Shandong are concentrated around 2700 yuan / ton, and the local prices in Linyi are around 2760-2780 yuan / ton. The ex factory quotation of enterprises in central and eastern Shandong is around 2680-2730 yuan / ton.

This week, the methanol market fluctuated slightly, mainly by shock consolidation. The current operation of downstream plate factories is general, and most of them take a wait-and-see attitude towards the formaldehyde market. They have strong bargaining sentiment, poor digestion of market inventory, and it is difficult to increase the formaldehyde price. Normal shipment makes the formaldehyde market less volatile.

Recently, the domestic methanol market has an upward trend, and the demand of downstream wood plate factories continues to be weak. Therefore, the formaldehyde analysts of the business community chemical branch predict that the price of formaldehyde in Shandong will mainly rise in shock in the near future.