According to the current daily price of formaldehyde in Shandong Province, the average price of formaldehyde rose by 1.67% on a year-on-year basis, which was 1.67% higher than that of the current commodity price in Shandong Province.

In recent years, the domestic market price of formaldehyde showed a downward trend. As of December 3, the mainstream factory quotation in Central China was about 11430 yuan / ton, that of mainstream manufacturers in North China was 950 yuan / ton, and that in East China was 1198 yuan / ton. Linyi Yinhe formaldehyde production capacity is 120000 tons / year, and the formaldehyde plant is normal, with a daily output of 200 tons. Recently, the formaldehyde plant in Shandong Province has been in normal operation. Under the control of environmental protection in Henan Province, some enterprises started their business in a narrow range; on the whole, the atmosphere of trading on the floor was relatively light, the actual transaction was general, and the formaldehyde market continued to decline.

Situation of upstream methanol: the transaction price of Shandong methanol in Lubei market is 1980-2000 yuan / ton, which is delivered to spot exchange. The transaction is general, and the freight is slightly increased. The market price of methanol in the south of Shandong Province has temporarily stabilized at around 2000-2010 yuan / ton, and Linyi has received the local mainstream goods of 2000 yuan / ton and delivered them to the place without tax. The quoted price of logistics goods is around 1950 yuan / ton. The transaction volume of methanol market in central Shandong was stable to 2150 yuan / ton, while that of peripheral goods was stable to 1990-2000 yuan / ton.

In recent years, the inventory of traditional downstream wood board enterprises is higher, the demand for formaldehyde is weakened, the field is cold and clean, and the support of demand side is general. Formaldehyde market is going down all the way.

Recently, the upstream raw material methanol has stopped falling and stabilized. Under the condition of weak cost support, the formaldehyde factory’s mentality is empty. Therefore, the formaldehyde analysts of the chemical branch of the business society expect that the formaldehyde price in Shandong Province will fall mainly in the near future.