According to the data of the commodity list of the business society, the recent market of formaldehyde in Shandong has been fluctuating and consolidation. The average price of formaldehyde in Shandong is 1190.00 yuan / ton. The current price has dropped by 7.51% month on month, and the current price has increased by 12.98% year on year.

Recently, the domestic formaldehyde market price has fallen. As of February 19, the mainstream factory price in Central China is about 1115 yuan / ton, the mainstream factory price in North China is 1060 yuan / ton, and the mainstream factory price in East China is 1085 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. During the Spring Festival, formaldehyde inventory is at a low level, the market trading atmosphere is cold, and the market has no obvious fluctuations.

Upstream methanol situation: the offer price of methanol market in southern Shandong is temporarily stable to 2180 yuan / ton, and the nearby factory withdrawal spot exchange rate, and the individual negotiation price is 2160-2170 yuan / ton. Linyi received the local goods, negotiated the price to 2150-2170 yuan / ton and sent them to cash exchange. The turnover of methanol market in central Shandong is stable to 2300 yuan / ton in cash, and the price of peripheral goods is about 2100-2150 yuan / ton in cash. Methanol market price is stable, support for formaldehyde is general.

During the Spring Festival, some of the Shandong timber factories were shut down for holidays, the demand for formaldehyde decreased, the formaldehyde enterprises were difficult to ship, and the market trading atmosphere was cold. After the Spring Festival has not yet resumed work, formaldehyde manufacturers are also preparing to resume work, is expected to start by the end of February.

Recently, the upstream raw material methanol market tends to be stable, the cost support is limited, and the downstream plate factory workers are about to return to work, so the demand is expected to increase. Therefore, the formaldehyde analysts of the chemical branch of business society expect that the recent price of formaldehyde in Shandong will mainly rise slightly.