According to the bulk commodity list data of business society, the market price of formaldehyde in Shandong fell. On the 1st, the average price of formaldehyde in Shandong was 1676.67 yuan / ton, on the 25th, the average price of formaldehyde in Shandong was 1850.00 yuan / ton, up 10.34%, and the highest point was on the 13th, the average price was 2267.67 yuan / ton. The current price rose 16.11% month on month, and the current price rose 73.44% year-on-year.

formaldehyde

In October, the market price of formaldehyde in Shandong rose first and then fell. As can be seen from the above figure, formaldehyde rose for more than two consecutive months and fell for two weeks, which can be described as ups and downs. As of October 25, the mainstream market price in Shandong is 1700-1800 yuan / ton. Linyi jinyimeng formaldehyde production line with an annual production capacity of 100000 tons has resumed normal production. Recently, formaldehyde enterprises started well, with sufficient inventory, general market trading atmosphere, and the formaldehyde market fell.

Summary of formaldehyde market prices in various regions as of October 25:

Region, price

East China 1930-1940 yuan / ton

North China 1880 yuan / ton

Central China 1950 yuan / ton

Northwest China 2070 yuan / ton

Upstream methanol: Recently, the domestic methanol spot market has plummeted and is still at a high level. After the sharp reduction of the factories in the main production area, the transaction was general, the local second adjustment soon appeared, and the terminal receiving price in northern Shandong was also reduced as scheduled. With the sharp decline of futures, mainland regions also began to follow the downward trend. This is mainly because the northwest takes out methanol, but the sales are general, the enterprise inventory increases, the Underground Tour in Shandong and so on, and the enthusiasm for receiving goods is not high. Methanol market fell sharply, unable to support the formaldehyde market, and formaldehyde fell.

At present, the operation of the downstream plate factory is general, and most of them hold a wait-and-see attitude towards the formaldehyde market. The bargaining mood is strong. The formaldehyde manufacturer maintains the shipment at a low price, the market inventory digestion is poor, and the formaldehyde market falls.

Recently, with the sharp decline of futures, the spot market of domestic methanol has plummeted, which can not form a cost support for formaldehyde. Therefore, formaldehyde analysts of the chemical branch of business society expect that the recent price of formaldehyde in Shandong will mainly fall by shock.