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.