According to the bulk commodity list data of the business agency, the formaldehyde Market in Shandong fell this week. At the beginning of the week, the average price of formaldehyde in Shandong was 1320.00 yuan / ton, and at the end of the week, the average price of formaldehyde in Shandong was 1300.00 yuan / ton, down 1.52%. The current price fell 7.36% month on month, and the current price fell 10.81% year on year.

formaldehyde

The market price of formaldehyde in Shandong fell this week. It can be seen from the above figure that formaldehyde has mainly fallen in recent two months, and the market continues to decline this week. As of May 26, the mainstream market price in Shandong was 1270-1350 yuan / ton. Recently, due to domestic public health incidents, the downstream plate factories have weakened due to the difficulty of cargo transportation, and the demand is low. The inventory in Linyi area is high, the warehouse removal is not smooth, and the market is weak and falling.

Summary of formaldehyde market prices in various regions as of May 26:

Region, Price

East China, 1390 yuan / ton

Central China, 1370 yuan / ton

South China, 1420 yuan / ton

Northwest China, 1300 yuan / ton

Upstream methanol situation: according to the monitoring data of business society, the average price of domestic methanol market recently was 2647 yuan / ton, and the market fell. The raw coal price and oil price are strong. The downstream Tianjin Bohai Chemical MTO is expected to be put into operation. At present, the supply side is relatively abundant. Under the current situation, the domestic methanol market may fall in the short term due to the game between supply and demand.

This week, the methanol market fell slightly, the cost support was general, the capacity utilization rate in the formaldehyde field was higher, the inventory increased, the operation of the downstream plate plant was at a low level due to the impact of public safety events, maintaining the rigid demand for procurement, the market trading atmosphere was cold, and the formaldehyde manufacturers took the initiative to reduce the quotation in order to ship, and the market continued to decline.

Recently, the domestic methanol market fluctuated and fell, and the demand of downstream wood panel plants was weak. Therefore, the formaldehyde analyst of the chemical branch of business society predicted that the recent decline in the price of formaldehyde in Shandong was mainly below.