Shandong formaldehyde market price rises with strong demand

According to the data of the commodity list of the business society, the market price of formaldehyde in Shandong has risen recently. On March 8, the average price of formaldehyde in Shandong was 1246.67 yuan / ton, and on March 9, the average price of formaldehyde in Shandong was 1316.67 yuan / ton, up 5.61%. The current price is up 10.64% month on month, and the current price is up 21.54% year on year.

 

Recently, the domestic formaldehyde market price has risen. As of March 9, the mainstream ex factory price in Central China is about 1200 yuan / ton, that in North China is 1250 yuan / ton, and that in East China is 1259 yuan / ton. Shandong Linyi Galaxy formaldehyde production capacity of 120000 tons / year formaldehyde plant has been restarted. Recently, the atmosphere of formaldehyde Market negotiation is positive, and the formaldehyde factories in Shandong are starting one after another. Formaldehyde manufacturers deliver according to orders, inventory is low, some businesses have no goods to sell, supply is tight, formaldehyde market continues to rise.

 

Upstream methanol situation: the negotiation of methanol market in central Shandong is stable at 2190-2210 yuan / ton, which will be sent to cash; the offer price of methanol market in southern Shandong will rise by 70-80 yuan / ton to 2350-2370 yuan / ton, which will be raised by the factory in cash. Linyi received the local goods, negotiated the price to 2350-2370 yuan / ton and sent them to cash exchange. Shandong methanol Lubei market has no discussion. Methanol market continues to rise, traders are reluctant to sell, and the freight rate is still high, which can form a certain support for formaldehyde market.

 

The recent fine weather, Shandong downstream plate factory and adhesive factory demand is strong, “Russia proposed timber export ban” news promoted the wood market rise, the industry to formaldehyde rising price acceptance is good, purchasing mood is high, stock atmosphere is strong, good support, formaldehyde market continues to rise, formaldehyde Market in high speed high channel.

POLYVINYL ALCOHOL

 

Recently, the upstream raw material methanol showed an upward trend, and the demand of downstream plate factories was hot, which supported the rise of formaldehyde market. Therefore, formaldehyde analysts of business society chemical branch predicted that the price of formaldehyde in Shandong would mainly rise in the near future.