According to the data of the bulk commodity list of the Business News Agency, the market price of formaldehyde in Shandong Province has fallen sharply recently. At the beginning of the week, the average price of formaldehyde in Shandong Province was 1246.67 yuan/ton, and at the end of the week, the average price of formaldehyde in Shandong Province was 1233.33 yuan/ton, down 1.07%. The current price fell 4.15% year-on-year.

formaldehyde

Recently, the market price of formaldehyde in Shandong Province has been fluctuating. From the figure above, it can be seen that the recent market of formaldehyde has mainly fluctuated slightly, and the market has declined this week. As of February 9, the mainstream market price in Shandong was 1200-1280 yuan/ton. Recently, after the Lantern Festival, downstream demand recovered slowly, and formaldehyde inventory was high. In order to ship, formaldehyde manufacturers led the market down.

The situation of upstream methanol: the domestic methanol market rose slightly, and the mainstream methanol factory in southern Shandong rose to 2600-2620 yuan/ton, and the market transaction atmosphere was good; The receiving price in Linyi is 2660-2670 yuan/ton.

Recently, the methanol market has fluctuated and increased, the cost support is good, and the downstream is just in need of purchase. Therefore, the formaldehyde analyst of the Chemical Branch of the Business Association predicted that the recent price of formaldehyde in Shandong Province is mainly fluctuated and increased.