According to the bulk commodity list data of business agency, the formaldehyde Market in Shandong fell this week. At the beginning of the week, the average price of formaldehyde in Shandong was 1270.00 yuan / ton, and at the weekend, the average price of formaldehyde in Shandong was 1246.67 yuan / ton, down 1.84%. The current price fell by 1.84% month on month, and the current price fell by 8.16% year-on-year.
| POLYVINYL ALCOHOL |
formaldehyde
The market price of formaldehyde in Shandong fell this week. From the above figure, we can see that the market fluctuation of formaldehyde in the past two months is not large, and the market fell this week. As of July 7, the mainstream market price in Shandong is 1230-1260 yuan / ton. Recently, the methanol market has fallen, the cost support is poor, the formaldehyde market has fallen under the influence of methanol, and the downstream demand is difficult to improve. It is hard to maintain the rigid demand for procurement. The formaldehyde market is generally traded, and the market has weakened slightly.
Upstream methanol situation: the domestic methanol market fell, the mainland transaction volume again, while the coastal market performed in general. Under the background of stable cost support, replenishment demand and mainland rigid demand, the volume of transactions in the main production areas is large; The terminal receiving price is subject to high inventory and general price performance.
This week, the methanol market was difficult to cope with the pressure and began to decline. The downstream plate factories are generally operating at present, and they are more wait-and-see about the formaldehyde market. The bargaining mood is strong, and the market inventory digestion is poor. In order to ship, the formaldehyde manufacturers reduced their quotations, and the formaldehyde market is weak.
Recently, the domestic methanol market has declined, and the demand of downstream wood panel plants has continued to be poor. Therefore, formaldehyde analysts from the chemical branch of shanghaishe predict that the recent decline in formaldehyde prices in Shandong is mainly weak.
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