According to the data of the bulk commodity list of the Business News Agency, the market price of formaldehyde in Shandong Province fell sharply in February. The average price of formaldehyde in Shandong Province at the beginning of the month was 1246.67 yuan/ton, and the average price of formaldehyde in Shandong Province at the end of the month was 1233.33 yuan/ton, down 1.07%. The current price fell 3.39% year on year.

formaldehyde

In February, the market price of formaldehyde in Shandong fell sharply. From the figure above, it can be seen that formaldehyde has fluctuated slightly in the past three months, and the price of this month has also fluctuated little. As of February 23, the mainstream market price in Shandong was 1170-1280 yuan/ton. In February, after the Spring Festival, the formaldehyde manufacturers started work normally, and the formaldehyde shipments were general. The formaldehyde market rose and fell slightly, and was basically stable.

The situation of upstream methanol: the domestic methanol market fluctuated slightly in February, and the coal price remained stable. At present, the supply of coal in the main production areas has been repaired and improved. Under the influence of negative factors such as high inventory in the middle and downstream links, the market demand lacks substantive support. The temporary storage of methanol cost is good. The temporary storage of methanol supply side is good.

Recently, the domestic methanol market fluctuated slightly, with good expectations and supported by costs. Therefore, the formaldehyde analyst of the Chemical Branch of the Business Society predicted that the price of formaldehyde in Shandong Province was mainly rising in the near future.