According to the data of bulk commodity list of business agency, the average price of formaldehyde in Shandong Province on August 25 was 860.00 yuan / ton, and that on August 26 was 880.00 yuan / ton, an increase of 2.33%. The current price is up 2.33% month on month, and the current price is 24.14% lower than last year.
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Recently, the domestic market price of formaldehyde has risen slightly. As of August 25, the mainstream factory quotation in Central China is about 940 yuan / ton, that of mainstream manufacturers in North China is 745 yuan / ton, and that in East China is 893 yuan / ton. Linyi Jinyuan Chemical has two formaldehyde production lines with an annual production capacity of 80000 tons, formaldehyde content of 37% and load of 50%. Recently, the start-up of formaldehyde factories in Shandong has been improved, and the shipment volume has increased slightly compared with the previous period. The trading atmosphere on the floor was slightly improved, and the formaldehyde market mainly rose in a narrow range.
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The downstream wood board is in the traditional off-season, but the demand for formaldehyde in the terminal wood board factory has slightly improved recently, and the purchase mainly maintains the rigid demand. The shipment volume of formaldehyde enterprises has increased, and the overall negotiation atmosphere in the field is acceptable. Formaldehyde market rose narrowly.
Recently, the upstream raw material horizontal plate finishing, the raw material surface is more stable and firm, giving formaldehyde a certain support. Downstream demand slightly improved to maintain on-demand procurement, so the business agency chemical branch formaldehyde analysts predict that the domestic formaldehyde price will mainly rise in the near future.
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