According to the bulk commodity list data of business society, the market price of formaldehyde in Shandong fell this week. At the beginning of the week, the average price of formaldehyde in Shandong was 1173.33 yuan / ton, and at the weekend, the average price of formaldehyde in Shandong was 1166.67 yuan / ton, down 0.57%. The current price fell by 10.71% month on month, and the current price rose by 10.76% year-on-year.

formaldehyde

This week, the market price of formaldehyde in Shandong fell steadily. It can be seen from the above figure that after formaldehyde fell for three consecutive months, the price was weak and consolidated, and the decline was slightly slow. As of January 14, the mainstream market price in Shandong is 1120-1200 yuan / ton. Two formaldehyde units with an annual output of 120000 tons of Qingzhou Hengxing Chemical Co., Ltd. are shut down for maintenance. Recently, the start-up of formaldehyde enterprises is at a low level, the shipment situation is general, the on-site inventory is low, and the market is slightly lower.

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

Region, Price

East China 1220-1230 yuan / ton

North China 1200 yuan / ton

Central China 1280 yuan / ton

Northwest China 1150 yuan / ton

Upstream methanol: the average price of methanol production enterprises in the near future is 2402 yuan / ton. International oil prices continued to rise and the trading atmosphere in the mainland improved. In the northwest part, the selling price is low, and the shipment of enterprises is temporarily acceptable, but the freight is high. Traders operate with caution, and some downstream enterprises have acceptable raw material inventory, mainly purchasing on demand. The short-term domestic methanol market is mainly sorted out. Methanol market is weak and cannot support formaldehyde market.

This week, the environmental protection control in Linyi area was temporarily lifted, but the Spring Festival was approaching, some plate factories stopped work and had holidays. Although the other part started work normally, the demand was general, bargain hunting, more wait-and-see mood, the market trading atmosphere was weak, the shipment of formaldehyde manufacturers was general, and the market fell slightly.

Recently, the domestic methanol market has been consolidated at a low level, and the downstream demand is difficult to improve. Therefore, the formaldehyde analyst of the chemical branch of business society expects that the recent formaldehyde price in Shandong will mainly fall slightly.