According to the bulk commodity list data of business society, the formaldehyde Market in Shandong fell this week. At the beginning of the week, the average price of formaldehyde in Shandong was 1343.33 yuan / ton, and at the weekend, the average price of formaldehyde in Shandong was 1320.00 yuan / ton. The current price fell by 1.86% month on month, and the current price rose by 53.49% year-on-year.

The market price of formaldehyde in Shandong fell this week. As of August 13, the mainstream market price in Shandong was 1300-1350 yuan / ton. Linyi Jinyuan Chemical has two formaldehyde production lines that were discontinued on June 25, with an annual production capacity of 80000 tons and a formaldehyde content of 37%. Recently, the trading atmosphere in the formaldehyde market is poor and the shipment is not smooth. Formaldehyde manufacturers take the initiative to reduce the price in order to ship, and the formaldehyde market shows a downward trend.

Upstream methanol: the transaction price of methanol market in northern Shandong is 2440-2460 yuan / ton, which is delivered to spot exchange. The transaction is general and stable for the time being. The transaction of methanol market in central Shandong is about 2450-2470 yuan / ton, which is delivered to spot exchange. The transaction is general and the fluctuation is limited. The negotiated price in the methanol market in southern Shandong is up to 2480 yuan / ton, and the nearby factory provides cash exchange. Linyi receives the local goods to negotiate the price to 2470-2480 yuan / ton and sends them to cash exchange. The quoted price of logistics goods is not available for the time being. The atmosphere is average. Methanol market fell steadily, unable to support the cost of formaldehyde.

At present, the start-up of plate plants in Shandong is OK, but under the background of the influx of formaldehyde from the periphery into Shandong, the demand for formaldehyde is also limited, so it is just needed to purchase. Formaldehyde manufacturers cut prices and shipped, and the formaldehyde market fell slightly.

Recently, the upstream raw material methanol market has become weaker and weaker, unable to support the cost of formaldehyde, and the downstream gas buying is OK. Therefore, the formaldehyde analyst of the chemical branch of the business society expects that the recent price of formaldehyde in Shandong is mainly lower by shock.