According to the data of the list of bulk commodities of the business community, the market of formaldehyde in Shandong has fallen recently. On the 7th, the average price of formaldehyde in Shandong was 1313.33 yuan/ton, and on the 13th, the average price of formaldehyde in Shandong was 1260.00 yuan/ton, down 4.06%, and the current price fell 3.57% year on year.
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formaldehyde
Recently, the market price of formaldehyde in Shandong has fallen. From the figure above, it can be seen that the recent market of formaldehyde has fallen mainly. As of December 13, the mainstream market price in Shandong was 1170-1350 yuan/ton. Recently, due to the impact of public security incidents, the downstream factories have continued to decline in construction, and the demand has weakened significantly. Formaldehyde manufacturers have difficulty in shipping. In order to increase the volume, the market is weak and falling.
Upstream methanol situation: domestic methanol market fluctuated, mainly due to supply and demand. In terms of supply, most production enterprises focus on de stocking, and traditional downstream enterprises also have early parking performance, resulting in weak overall demand performance. The cost side of methanol has been supported, but the supply side has not decreased, and the demand side has not changed much. Methanol analysts from the business community predict that the domestic methanol market may be dominated by weak ones.
Recently, the methanol market is weak and the downstream demand is hard to improve in the short term. Therefore, the formaldehyde analyst of the Chemical Branch of the Business Cooperative predicted that the recent formaldehyde price in Shandong would mainly fall due to shock.
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