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 1415.00 yuan / ton. At the weekend, the average price of formaldehyde in Shandong was 1402.50 yuan / ton, down 0.88%. The current price fell 2.60% month on month, and the current price rose 5.19% year-on-year.

formaldehyde

The market price of formaldehyde in Shandong fell this week. It can be seen from the above figure that formaldehyde has fallen for three consecutive weeks recently, and the market continues to decline slightly this week. As of April 14, the mainstream market price in Shandong is 1430-1470 yuan / ton. Recently, due to domestic public health incidents, some downstream plate factories have been shut down for holidays, and the demand for formaldehyde has decreased. At present, it is difficult to deliver formaldehyde products. The shipment of formaldehyde manufacturers is under pressure, and the market continues to decline.

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

Region, Price

East China, 1520 yuan / ton

North China, 1430 yuan / ton

South China, 1420 yuan / ton

Northwest China, 1350 yuan / ton

Upstream methanol situation: this week, the domestic methanol market first fell and then rose. In the early stage, it fell due to the sharp decline of crude oil. In the later stage, although local transportation gradually recovered, the price rebounded slightly. In addition, some methanol units were gradually overhauled in spring, and downstream enterprises just needed replenishment. The trading atmosphere of traders improved. In the short term, the methanol market may rise moderately.

This week, the methanol market first fell and then rose. The cost support is general. Some downstream plate factories are on holiday and shut down, and public safety events in various parts of the country are still stricter. Because logistics and transportation still have a major impact on the circulation of goods, the cross regional circulation of formaldehyde in various regions is greatly limited, the shipment of formaldehyde manufacturers is difficult, the market trading atmosphere is cold, and the formaldehyde market has fallen one after another.

Recently, the domestic methanol market has an upward trend, but the demand for formaldehyde from downstream wood board factories is difficult to improve in a short time. Therefore, formaldehyde analysts from the chemical branch of business society expect that the price of formaldehyde in Shandong will mainly fall in the near future.