According to the bulk commodity list data of business society, the market price of formaldehyde in Shandong rose in September. At the beginning of the month, the average price of formaldehyde in Shandong was 1370.00 yuan / ton, and at the end of the month, the average price of formaldehyde in Shandong was 1676.67 yuan / ton, an increase of 22.38%. The current price increased by 20.62% month on month, and the current price increased by 64.92% year-on-year.

formaldehyde

In September, the market price of formaldehyde in Shandong rose. As can be seen from the above figure, formaldehyde rose for three consecutive weeks, with a maximum increase of more than 9% in a single week. As of September 28, the mainstream market price in Shandong is 1650-1700 yuan / ton. Linyi Jinyuan Chemical Co., Ltd. has two formaldehyde production lines that stopped production on June 25, with an annual production capacity of 80000 tons and a formaldehyde content of 37%. Recently, the operation of formaldehyde enterprises has not improved significantly and continues to be at a low level. The transaction situation of formaldehyde market is OK, and the formaldehyde market shows an upward trend.

Summary of formaldehyde market prices in various regions as of September 28:

Region, price

East China 1650 yuan / ton

North China 1530-1540 yuan / ton

Central China 1620 yuan / ton

Northwest China 1600 yuan / ton

Upstream methanol: methanol supply in Northwest China and other places has shrunk, the price of power coal continues to reach a new high, the support of methanol production cost is obvious, the price of methanol futures has risen sharply, and the domestic methanol spot market has continued to rise. Under the influence of the policy, the supply of methanol in the mainland is limited, and the downstream goods preparation is more active before the national day. The downstream strong goods preparation operation synchronously supported the sharp rise of the market, and mainland traders did not dare to be bearish under the logic of cost promotion. Methanol market rose, giving formaldehyde cost support.

In September, the operation rate of the downstream plate plant was average under the power restriction policy and maintained just in need of procurement. Recently, affected by the preparation of goods before the downstream Festival, the market purchasing atmosphere was OK. Formaldehyde manufacturers actively shipped and the market inventory was digested stably. The formaldehyde market was mainly driven by the rise of methanol and rose with the rise of methanol market.

Recently, the methanol market has continued to rise sharply and the cost support is strong. Therefore, the formaldehyde analyst of the chemical branch of the business society expects that the recent rise in the price of formaldehyde in Shandong is mainly due to shock.