According to the bulk commodity list data of business society, the market price of formaldehyde in Shandong rose sharply. On the 10th, the average price of formaldehyde in Shandong was 1833.33 yuan / ton, and on the 14th, the average price of formaldehyde in Shandong was 2267.67 yuan / ton, up 23.64%. The current price rose 58.14% month on month, and the current price rose 115.87% year-on-year.

formaldehyde

The market price of formaldehyde in Shandong rose this week. It can be seen from the figure above that formaldehyde rose for more than two consecutive weeks, of which two had the highest increase of more than 9% in a single week. As of October 14, the mainstream market price in Shandong is 2150-2300 yuan / ton. Linyi jinyimeng formaldehyde production line with an annual production capacity of 100000 tons has resumed normal production. Recently, formaldehyde enterprises started well, the inventory situation decreased rapidly, the shipment of formaldehyde manufacturers was positive, and the leading formaldehyde market continued to rise.

Summary of formaldehyde market prices in various regions as of October 14:

Region, price

East China 2220-2230 yuan / ton

North China 2060 yuan / ton

Central China 2190-2200 yuan / ton

Northwest China 2070-2080 yuan / ton

Upstream methanol: the market reference price of methanol in Dongying, Shandong Province is 4210 yuan / ton, which is sent to cash exchange, and the market negotiation atmosphere is light. The negotiated price of methanol market in central Shandong is 4240-4260 yuan / ton and sent to cash exchange. The price of local methanol factory in central Shandong is 4500-4600 yuan / ton, and the factory provides cash exchange. The transaction atmosphere is light. The methanol market in southern Shandong negotiated the price to 4300-4320 yuan / ton, the factory offered cash exchange, Linyi received the local goods to negotiate the price to 4280-4300 yuan / ton, and delivered it to cash exchange. The logistics offer is not available yet. Futures fell by the limit, and the mentality of operators has weakened. The methanol market continued to rise sharply, providing strong cost support for formaldehyde.

At present, the downstream plate plant is still under construction, has relatively active procurement, has no obvious resistance to the market situation, has good demand for formaldehyde, the market trading atmosphere is good, formaldehyde manufacturers actively ship, and the market inventory is digested stably. The formaldehyde market is mainly driven by the rise of methanol and rises with the rise of methanol market.

Recently, the rise of methanol market has stopped slightly, and the rise of formaldehyde market may be weak. Therefore, formaldehyde analysts of chemical branch of business society expect that the recent price of formaldehyde in Shandong will mainly fall by shock.