According to the data of the bulk commodity list of the Business News Agency, the market price of formaldehyde in Shandong Province has fallen sharply recently. At the beginning of the week, the average price of formaldehyde in Shandong Province was 1243.33 yuan/ton, and at the end of the week, the average price of formaldehyde in Shandong Province was 1233.33 yuan/ton, down 0.80%. The current price fell 2.89% year on year.

formaldehyde

Recently, the market price of formaldehyde in Shandong Province has been fluctuating. From the figure above, it can be seen that the recent market of formaldehyde has mainly fluctuated slightly, and the market has declined this week. As of February 16, the mainstream market price in Shandong was 1170-1280 yuan/ton. Recently, the price of raw material methanol has declined slightly, the demand of downstream plate factories has recovered slowly, and the formaldehyde inventory is high. In order to ship, the formaldehyde manufacturers have led the market to decline.

Upstream methanol: the domestic methanol market has declined slightly, with the mainstream ex-factory price of methanol in southern Shandong at 2600 yuan/ton, and some ex-factory prices around 2500 yuan/ton; The delivery price in Linyi is 2550 yuan/ton. The ex-factory quotation of enterprises in central and eastern Shandong fell 80 yuan to 2470-2500 yuan/ton; The reference price of Dongying and surrounding areas is 2450 yuan/ton. With the end of the holiday, some coal mines began to resume work and production, and the output picked up slightly. The terminal power plants were in a weak purchasing mood under the support of long-term cooperative coal. The non-electric terminal raw coal was consumed during the holiday, and the demand for replenishment in the near future was released slightly. In the short term, the power coal price is mainly stable. The temporary storage of methanol cost is good.

Recently, the methanol market has been volatile and low, the cost support is not good, and the downstream is still just in need of purchase, and the formaldehyde market is likely to follow the methanol fluctuation, so the formaldehyde analyst of the Chemical Branch of the Business Association predicted that the recent price of formaldehyde in Shandong Province is mainly volatile.