1、 Price trend

The average price of formaldehyde in Shandong Province is 1053.33 yuan / ton in recent days, according to the data in the commodity list of business association. The current price is down 10.35% year on year.

2、 Market analysis

Products: the market price of formaldehyde in China has been consolidated. As of the 16th, the main factory quotation of Hebei is about 980 yuan / ton, that of South China is about 1180 yuan / ton, that of Shandong is about 1000 yuan / ton, and that of Jiangsu is about 1180 yuan / ton. The annual output of 120000 tons formaldehyde plant in Linyi Yinhe, Shandong Province has been restarted, with the formaldehyde content of 36.7-37%. Hebei Kaiyue formaldehyde plant of 400000 tons / year was shut down for maintenance. Formaldehyde manufacturers are affected by environmental protection regulations. Formaldehyde market has a general supply and stable price.

Industry chain: the methanol market in the mainland is generally higher this week. Under the background of terminal stock before the festival and low factory inventory in the main production area, the trading atmosphere of this week is obviously better. In addition, due to the snow weather, the high-speed road is closed, and the regional trend is prominent, but the overall trend is strong. Support formaldehyde. However, downstream markets shut down one after another, the demand shrank, the trading atmosphere of formaldehyde market was cold, and the formaldehyde market was consolidated.

3、 Future forecast

Recently, methanol in the upper reaches continues to rise, but the operation rate in the lower reaches is generally affected by environmental protection. The favorable cost has limited impact on the market, and formaldehyde manufacturers are under great pressure to ship. Therefore, formaldehyde analysts in the chemical branch of business society expect that the domestic formaldehyde price or low price consolidation will be the main trend in the near future.