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 1376.67 yuan / ton. At the weekend, the average price of formaldehyde in Shandong was 1333.33 yuan / ton, down 3.15%. The current price fell 5.44% month on month and 4.76% 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 mainly fallen in recent months, and the market continues to fluctuate and fall this week. As of May 12, the mainstream market price in Shandong is 1270-1370 yuan / ton. Recently, due to domestic public health events, the downstream demand has not improved continuously, the manufacturers in Linyi have difficulty in shipping, the market transaction is light, and the market has fallen more than once.

Summary of formaldehyde market prices in various regions as of May 12:

Region, Price

East China, 1420 yuan / ton

Central China, 1270 yuan / ton

South China, 1420 yuan / ton

Northwest China, 1330 yuan / ton

Upstream methanol: the domestic methanol market fell slightly this week. The reference price negotiated in the methanol market in Dongying, Shandong Province was 2640-2660 yuan / ton, which was sent to cash exchange, and the transaction was poor. The negotiated transaction of methanol market in Zibo, Shandong Province was 2660-2680 yuan / ton delivered to cash exchange, and the ex factory cash exchange of local factories fell to 2800 yuan / ton. The transaction was general. The negotiated reference price of Jining methanol is around 2650-2670 yuan / ton, and the factory provides cash exchange. Linyi receives local goods to negotiate, and the negotiated reference price is around 2730-2750 yuan / ton. The trading atmosphere is temporarily. Transportation is still limited in some areas. Methanol market may continue to decline weakly.

This week, the methanol market fluctuated and fell, the cost support was weak, the operation of the downstream plate factory did not improve, the demand for formaldehyde in the field was limited, the market transaction was cold, and the formaldehyde manufacturers had difficulty in shipping. In order to ship, they took the initiative to lower the quotation, and the formaldehyde market continued to fall.

Recently, the domestic methanol market has continued to decline, and the demand of downstream wood panel plants is weak. Under the dual pressure, the formaldehyde analyst of the chemical branch of business society predicts that the recent decline in the price of formaldehyde in Shandong is mainly below.