According to the data from the commodity list of business news agency, the market of formaldehyde in Shandong has recently declined. The average price of formaldehyde in Shandong was 1200.00 yuan / ton on the 1st, 1190.00 yuan / ton on the 2nd, with a decrease of 0.83%. The current price has increased by 2.00% on a month on month basis, and the current price has increased by 12.98% on a year-on-year basis.

Recently, the domestic formaldehyde market price has dropped. As of January 20, the mainstream factory price in Central China is about 1200 yuan / ton, the mainstream factory price in North China is 1060 yuan / ton, and the mainstream factory price in East China is 1218 yuan / ton. Shandong Linyi Galaxy formaldehyde production capacity of 120000 tons / year formaldehyde plant shutdown. Recently, some formaldehyde factories in Shandong Province have been operating at low load. Recently, formaldehyde inventory is at a low level, the market trading atmosphere is cold, and the market is falling.

Situation of upstream methanol: the turnover of methanol market in central Shandong is stable to 2350 yuan / ton, and there is no obvious turnover at present, so most of them wait and see. The methanol market in southern Shandong dropped 40 yuan / ton to 2140-2160 yuan / ton, and the factory raised cash exchange. Linyi received the local goods offer and dropped 30-40 yuan / ton to 2150-2160 yuan / ton, and sent it to the cash exchange. There was no transaction for the time being. The logistics goods offer had no price for the time being. The downstream continued to shrink. Shandong methanol Lubei market transaction price is stable at 2200-2220 yuan / ton, sent to cash, transaction situation is general, wait and see. Methanol market in some areas fell slightly, difficult to form support for formaldehyde.

Recently, some of Shandong timber factories began to stop work for holidays, the demand for formaldehyde decreased, the formaldehyde enterprises were difficult to ship, and the market trading atmosphere was cold and clear. Some formaldehyde manufacturers then shut down maintenance, mainstream manufacturers offer downward.

Recently, the upstream raw material methanol market fell in a narrow range, with limited cost support. The downstream wood mills have begun to shut down for holidays, and the demand is weakening. Therefore, the formaldehyde analysts of the chemical branch of business society expect that the recent formaldehyde price in Shandong will mainly fall slightly.

The international crude oil price fluctuates at a high level, the weather turns cold, the demand for asphalt for terminal road works remains low, the domestic asphalt market lacks action, and the asphalt price keeps stable. According to the price monitoring data of the business association, the asphalt price on January 29 was 2535 yuan / ton, which was the same as that at the beginning of the week.

Recently, the international crude oil market lacks directional news, and the implementation rate of OPEC’s production reduction has not reached 100% while the US crude oil inventory has decreased. This week, the international crude oil price was in a high shock, with WTI crude oil price down 0.13% and Brent crude oil price up 0.67%.

Affected by low temperature weather and Spring Festival holiday, domestic asphalt market demand fell to a low level. In the south, road construction projects continue to reduce the demand for asphalt; in the north, road demand is basically over, and some refineries switch to coking and waterproof asphalt, and the demand for winter storage is not optimistic. On the whole, the domestic asphalt market entered the low demand, and the domestic asphalt price remained stable.

Analysts of business news agency believe that the upward trend of international crude oil price is blocked, and the impact of the Spring Festival holiday, domestic asphalt demand has entered a trough, and it is expected that domestic asphalt price will be mainly stable.

According to the statistics of the business society, as of January 28, the price of nylon filament DTY in Jiangsu Province was 16533 yuan / ton, down 467 yuan / ton, down 2.75%, down 1.78% year on year; the price of nylon POY was 14180 yuan / ton, down 320 yuan / ton, down 2.21%, down 0.98% year on year; the price of nylon FDY was 18066 yuan / ton, down 200 yuan / ton, down 1.09%, up 0.37% year on year.

As of January 27, the settlement price of WTI crude oil was US $52.85/barrel, up 9.19% from the beginning of January. In the downstream of cyclohexanone, it was mainly purchased from rigid demand, while the logistics and transportation increased, and the price stabilized in the latter half of the month. The supply of caprolactam increased and the quotation in the first ten days decreased continuously. In the second half of the month, the operation rate of some units decreased, caprolactam recovered, and the overall price fell. Supply and demand may tend to be balanced a year ago. Domestic downstream enterprises purchase raw materials in the early stage, and the inventory is high. The enthusiasm for preparing goods before the festival is cooling down. The spinning start-up has been callback. The manufacturers have resistance to the high-level chip market, and the sales market is rational.

Nylon filament quotation callback. The support of new orders of manufacturers is weak, and the funds withdrawn before the year are the main ones. Affected by the fall of raw materials, nylon filament began to callback, some enterprises offer continuous downgrade, and some enterprises price or remain stable before the festival. In the early stage of textile order recovery and the year before the stock, nylon and its raw materials showed a good upward trend. However, considering the uncertainty of the trade environment, enterprises were cautious in purchasing raw materials and made more production according to orders.

Business analysts believe that the heat of stock up before the festival has cooled, the factory has gradually entered the stage of steady production, the purchase is cautious, and rigid demand is the main factor. The raw material supply is acceptable, the cost pressure is eased, and the filament manufacturers give up profits to take orders. It is expected that the nylon filament will run stably, moderately and weakly before the festival.