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 1286.67 yuan / ton, and at the weekend, the average price of formaldehyde in Shandong was 1270.00 yuan / ton, down 1.30%. The current price rose 7.02% month on month, and the current price rose 6.72% year-on-year.

formaldehyde

The market price of formaldehyde in Shandong fell this week. It can be seen from the above figure that formaldehyde was mainly stable before the Spring Festival. The market rose sharply last week and fell slightly this week. As of February 17, the mainstream market price in Shandong is 1280-1350 yuan / ton. Feicheng Dongming Chemical Co., Ltd. has not started yet. Recently, formaldehyde enterprises have started work one after another and shipped steadily. The market trading atmosphere is general, and the market shows a downward trend.

Summary of formaldehyde market prices in various regions as of February 17:

Region, Price

East China 1320 yuan / ton

Central China 1400 yuan / ton

Northwest China 1120 yuan / ton

Upstream methanol: the domestic methanol market has fallen recently. The negotiated price of methanol in southern Shandong is around 2640 yuan / ton, and the factory provides cash exchange. Linyi receives local goods for negotiation, and the price is delivered to cash exchange around 2640 yuan / ton. The price of logistics goods is low. The downstream receiving is general. The negotiated price of methanol market in central Shandong is 2460-2480 yuan / ton, which is sent to cash exchange. The local methanol factory in central Shandong reports to 2750-2800 yuan / ton, and the factory withdraws cash exchange. The transaction is general. The transaction of methanol market in Dongying, Shandong Province was 2430-2480 yuan / ton, which was delivered to cash exchange. The transaction was general, and the freight increased.

This week, before and after the Lantern Festival, the formaldehyde market fluctuated slightly. This week, the formaldehyde manufacturer has not fully started construction, and the manufacturers that have started shipping normally, so there is no inventory pressure for the time being. The downstream start-up was low, the just needed procurement was maintained, and the formaldehyde market fell.

Recently, the domestic methanol market has fallen, the cost support is weak and the downstream demand is general. Therefore, the formaldehyde analyst of the chemical branch of business society expects that the recent formaldehyde price in Shandong will mainly fall slightly.