According to the bulk commodity list data of business society, the formaldehyde Market in Shandong fell first and then rose this week. The average price of formaldehyde in Shandong was 1376.67 yuan / ton at the beginning of the week, 1376.67 yuan / ton at the weekend, and the lowest price was 1366.67 yuan / ton. The current price rose by 3.56% month on month, and the current price rose by 0.49% year-on-year.

formaldehyde

The market price of formaldehyde in Shandong fell this week. It can be seen from the above figure that the recent market of formaldehyde fluctuated. This week’s market fell first and then rose, basically unchanged from last week. As of May 7, the mainstream market price in Shandong is 1300-1400 yuan / ton. Recently, the shipment situation in Shandong is OK, the inventory pressure is not large, the delivery of formaldehyde products is difficult, the shipment of formaldehyde manufacturers is under pressure, and the market continues to decline.

Summary of formaldehyde market prices in various regions as of May 7:

Region, Price

East China, 1460 yuan / ton

North China, 1360 yuan / ton

South China, 1420 yuan / ton

Northwest China, 1330 yuan / ton

Upstream methanol: the domestic methanol market fell first and then rose this week. The reference price of methanol market in Dongying, Shandong Province is 2760 yuan / ton, which is sent to cash exchange. The transaction in the methanol market in Zibo, Shandong Province was roughly 2760-2770 yuan / ton, which was sent to the spot exchange. The factory delivery of the local factory was stable to 2900 yuan / ton, and the transaction was flat. After May Day, downstream factories also have new demand for replenishment. The short-term methanol market may be explored slightly.

This week, the methanol market fell first and then rose, and the raw material price dominated the formaldehyde market. The early shipment in Shandong was good, and the inventory pressure of enterprises was not large. The downstream plate factory maintained a rigid need to purchase, and the formaldehyde manufacturers shipped normally. The formaldehyde market fell first and then rose with methanol.

Recently, the domestic methanol market has risen and the cost support is good. Therefore, the formaldehyde analyst of the chemical branch of business society expects that the recent formaldehyde price in Shandong is mainly higher.