According to the data from the commodity list of business news agency, the market price of formaldehyde in Shandong has risen recently. On February 28, the average price of formaldehyde in Shandong was 1216.67 yuan / ton, and on March 1, the average price of formaldehyde in Shandong was 1246.67 yuan / ton. The current price has increased by 6.86% month on month, and the current price has increased by 17.61% year on year.
Recently, the domestic formaldehyde market price has risen. As of March 1, the mainstream ex factory price in Central China is about 1130 yuan / ton, that in North China is 1060 yuan / ton, and that in East China is 1211 yuan / ton. Shandong Linyi Galaxy formaldehyde production capacity of 120000 tons / year formaldehyde plant has been restarted. Recently, the formaldehyde factories in Shandong Province have been started one after another. Formaldehyde manufacturers deliver according to orders, the inventory is low, the market trading atmosphere is gradually improving, and the industry promotes the rise of formaldehyde market.
Upstream methanol situation: the offer price of methanol market in southern Shandong increased by 10-30 yuan / ton to 2250-2270 yuan / ton, and the negotiation intention was to withdraw cash from the plant near 2250-2260 yuan / ton. Linyi received the local goods to negotiate the price to 2250-2260 yuan / ton and sent them to cash exchange. The logistics goods offer price is not available for the time being. The methanol market in the central part of Shandong Province negotiated to deliver RMB 2110-2150 / T to spot exchange. There was no obvious transaction, and most of them stayed on the sidelines. Methanol market narrow rise, can form a certain support for formaldehyde market.
Recently, the weather is getting warmer and the workers are speeding up to return to their posts. The downstream plate factories in Shandong are continuing to resume production, and the demand for formaldehyde is improving, which supports the rise of formaldehyde market, and the market buying and selling atmosphere is good. Formaldehyde market continues to rise.
Recently, the upstream raw material methanol showed an upward trend, with strong cost support, and the demand of downstream plate factories continued to improve. Therefore, formaldehyde analysts from the chemical branch of business society predicted that the price of formaldehyde in Shandong would mainly rise in the near future.
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