According to the bulk commodity list data of business agency, the formaldehyde Market in Shandong is stable this week. The average price of formaldehyde in Shandong is 1270.00 yuan / ton. The current price is flat month on month, and the current price fell by 7.13% year-on-year.

formaldehyde

The formaldehyde market price in Shandong was basically stable this week. From the above figure, we can see that the formaldehyde market has not fluctuated much in the past two months, and the market has fluctuated and consolidated this week. As of July 4, the mainstream market price in Shandong is 1230-1300 yuan / ton. Recently, the methanol market has been shaken and consolidated, and the cost support is general. The formaldehyde market is basically stable under the influence of methanol, and the downstream demand is difficult to improve. Just need to purchase is maintained, and the formaldehyde market transaction is general, and the market remains unchanged.

Upstream methanol: the domestic methanol market fluctuated in a narrow range, and the raw coal market dragged down the atmosphere of methanol futures, and the spot market fell in a narrow range. In terms of supply, the production enterprises in the main production areas have been overhauled, showing a little positive, but the market sentiment is poor, the pick-up volume of the social warehouse is still significantly low, and the inventory continues to accumulate.

This week, the methanol market fluctuated little. At present, the operation of downstream plate plants is general. They are more wait-and-see about the formaldehyde market, with strong bargaining sentiment. The market inventory digestion is poor. It is difficult to improve the formaldehyde price, maintain the shipment at a low price, and the formaldehyde market is weak.

Recently, the domestic methanol market has been shaken and sorted out, and the demand of downstream wood panel factories has continued to be weak. Therefore, formaldehyde analysts from the chemical branch of the business agency expect that the recent formaldehyde price in Shandong will mainly fall in shock.