1、 Price trend
According to the data of the commodity list of business association, the average price of formaldehyde in Shandong Province on the first day was 1053.33 yuan / ton, and the average price of formaldehyde in Shandong Province on the 28th day was 1060.00 yuan / ton, an increase of 0.63%. The current price is 15.87% lower than last year.
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2、 Market analysis
Products: the overall price of formaldehyde in the domestic market is mainly consolidated. As of the 28th, the main factory quotation of Hebei is about 1000 yuan / ton, that of Shandong is about 1000 yuan / ton, and that of Jiangsu is 1200 yuan / ton. The annual output of 120000 tons formaldehyde plant in Linyi Yinhe, Shandong Province has not been restarted, with the formaldehyde content of 36.7-37%. Linyi Jinyuan Chemical Co., Ltd. has two formaldehyde production lines with an annual production capacity of 80000 tons and formaldehyde content of 37%, which have been restarted. Formaldehyde manufacturers are returning to work one after another, but as far as the current start-up manufacturers are concerned, the operating rate is still low, the formaldehyde market transaction is light, and the price is basically shock consolidation.
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Industrial chain: upstream methanol: the methanol market in North China is narrowed, the ex factory prices of upstream enterprises in Shandong are different, most of the enterprises mainly implement the early-stage contracts, the downstream stock is basically over, and the market transactions are not many; the methanol market in Shanxi Province is mainly stable, and most of the enterprises in Linfen and Jincheng regions ship normally, and the inventory is reduced; the overall price in Hebei Province is general, buy Fangduo shall execute the preliminary contract. The downstream market started in a downturn, maintaining rigid purchase, the formaldehyde Market Trading atmosphere was cold, the actual transaction was light, and the formaldehyde market was mainly volatile and consolidated.
3、 Future forecast
Recently, the upstream methanol market has been narrowed, the cost fluctuation is small, the support for formaldehyde market is limited, and the downstream market is recovering slowly as a whole, and the operating rate of formaldehyde manufacturers is also at a low level, so the formaldehyde analyst of the chemical branch of the business society predicted that the domestic formaldehyde price or low level consolidation is the main factor in the near future.
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