According to the data of the commodity list of the business society, the market price of formaldehyde in Shandong recently fell. On the 13th, the average price of formaldehyde in Shandong was 1345.00 yuan / ton, while on the 14th, the average price of formaldehyde in Shandong was 1340.00 yuan / ton, down 0.37%. The current price is up 4.08% on a month on month basis and 54.61% on a year-on-year basis.
Recently, the domestic market price of formaldehyde has fallen. As of July 14, the mainstream market price in eastern Shandong is 1280-1400 yuan / ton. Linyi Jinyuan Chemical has two formaldehyde production lines which stopped production on June 25, with an annual production capacity of 80000 tons and a formaldehyde content of 37%. Recently, the formaldehyde market has a general trading atmosphere, the transaction situation is not good, and the formaldehyde market shows a fluctuating downward trend.
Upstream methanol situation: the reference price of methanol market in North Central Shandong Province is 2300 yuan / ton, which will be sent to cash. In the methanol market in southern Shandong, some negotiation prices rose by 20-30 yuan / ton to 2430-2440 yuan / ton in cash. Linyi received the local goods, the negotiation price increased by 40 yuan / ton to 2440 yuan / ton, sent to cash, logistics goods offer price is not available. Methanol market on a small probe, support for formaldehyde is fair.
At present, affected by the rainy weather, the starting situation of plate factories in Shandong is general, the demand continues to be low, and the purchasing capacity is limited. At present, the atmosphere of Shandong formaldehyde trading market is relatively cold, the transaction is not good, the formaldehyde manufacturers are difficult to ship, and the focus of formaldehyde market is constantly moving down.
Recently, the upstream raw material methanol market rose slightly, and the demand of downstream plate factories was weak, so the formaldehyde analysts of business society chemical branch predicted that the recent formaldehyde price in Shandong was mainly fluctuating and consolidation.
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