According to the data of the bulk commodity list of the business community, the recent market situation of formaldehyde in Shandong is weak and consolidated. The average price of formaldehyde in Shandong is 1213.33 yuan / ton. The current price is the same month on month, and the current price has dropped by 10.12% compared with last year.

formaldehyde

Recently, the market price of formaldehyde in Shandong has been weak and consolidated. From the above figure, it can be seen that the market of formaldehyde in the past month has mainly fluctuated slightly, and the recent market is basically stable. As of August 18, the mainstream market price in Shandong is 1200-1220 yuan / ton. Recently, the domestic methanol market fluctuated at a low level, the transaction was general, and the traders just needed to replenish, so the mood was poor. The cost support is general, the downstream operating rate has not been greatly improved, the just needed purchase is maintained, the formaldehyde manufacturers have stable shipments, and the market is weak.

Upstream methanol: the domestic methanol market has declined in a narrow range. The production cost of methanol may be reduced, the supply of methanol will not be reduced, and the downstream demand will be the main one. Crude oil is weak, supply is expected to increase, and demand changes are limited. The cost is supported or weakened, and there is a risk of inventory accumulation. The methanol analysts of the business association predicted that the domestic methanol market in the short term would be dominated by sluggish consolidation.

This week, crude oil continued to decline sharply, and methanol futures fell in tandem. The cost support is general, the commencement of the downstream plate factory is not improved, the demand for formaldehyde is limited, the formaldehyde manufacturer normally ships, the market transaction is light, and the formaldehyde market is weak.

Recently, the domestic methanol market has fallen, and the demand of the downstream wood panel plants is weak. Therefore, the formaldehyde analysts of the business community chemical branch predict that the recent price of formaldehyde in Shandong will mainly fall slightly.