The average price of formaldehyde in Shandong was 1016.67 yuan / ton on December 12, and 1050.00 yuan / ton on the 13th, an increase of 3.28%. The current price is up 8.25% month on month, and the current price is 19.20% lower than last year.
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Recently, the domestic market price of formaldehyde has remained stable. As of October 13, the mainstream factory quotation in Central China is about 916 yuan / ton, that of North China is 830 yuan / ton, and that of East China is 1033 yuan / ton. Linyi Yinhe formaldehyde production capacity is 120000 tons / year, and the formaldehyde plant is normal, with a daily output of 200 tons. Recently, the formaldehyde plant in Shandong Province has been in normal operation. The trading atmosphere in the market was better than that in the earlier period, the actual transaction was ok, and the formaldehyde market rose.
The situation of upstream methanol: the quotation of methanol market in southern Shandong Province increased by 20-50 yuan / ton to 1850-1870 yuan / ton, and Linyi received the quotation of 1850 yuan / ton of local goods and delivered them to the place without tax. There is no quotation for logistics goods. The regional supply of goods is reduced, and the enterprise mentality is strong. The main factors of the price rise are the favorable futures driven, and the favorable impact of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality. Strong cost support, formaldehyde market rose.
In the near future, the overall demand for timber in the downstream is flat, and the commencement is not obviously better, and the support from the demand side is limited. Just need to maintain the atmosphere of purchase and delivery.
In recent days, the upstream raw material methanol continued to rise, and the formaldehyde market rose with the strong cost. Therefore, the formaldehyde analysts of the chemical branch of the business agency predicted that the formaldehyde price in Shandong Province would be higher in the near future.
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