According to the data of the commodity list of the business society, the market of formaldehyde in Shandong has risen recently. The average price of formaldehyde in Shandong was 1287.50 yuan / ton on the 15th, and 1290.00 yuan / ton on the 16th, up 0.19%. The current price has dropped by 8.94% month on month, and the current price has increased by 47.71% year on year.

Recently, the domestic formaldehyde market price rose. As of June 16, the mainstream market price in Central China was about 1296 yuan / ton, the mainstream market price in North China was 1185 yuan / ton, the mainstream market price in Northwest China was 1183 yuan / ton, and the mainstream market price in East China was 1296 yuan / ton. Recently, the trading atmosphere of formaldehyde market is acceptable, the transaction situation is good, and the formaldehyde market shows a fluctuating upward trend.

Upstream methanol situation: methanol market is mainly rising, and the negotiated price of methanol market in southern Shandong is up 10 yuan / ton to 2360-2370 yuan / ton, with cash withdrawal from the factory. Linyi received the local goods, negotiated the price to 2360-2370 yuan / ton and sent them to cash exchange. The logistics goods offer price is not available for the time being. Enterprise inventory is not high, market negotiation is relatively good. Shandong methanol Lubei market reference price 2390 yuan / ton to spot. Methanol market rose, the overall trading atmosphere is good. Strong support for formaldehyde.

At present, Shandong’s plate factories are well started, the formaldehyde market is well accepted, the demand is high, the inquiry is enthusiastic, the atmosphere of Shandong’s formaldehyde market is positive, the transaction is fair, and the focus of formaldehyde market is moving up.

Recently, the upstream raw material methanol market is on the rise, and the downstream plate factories have just the right demand and are actively purchasing. Therefore, formaldehyde analysts from the chemical branch of business society expect that the price of formaldehyde in Shandong will mainly rise in the near future.