Terminal purchase on demand, Shandong formaldehyde market remains stable

According to the data of bulk commodity list of business agency, the average price of formaldehyde in Shandong Province is 866.67 yuan / ton recently. The current price is down 0.77% month on month, and the current price is 27.12% lower than last year.

 

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Recently, the domestic market price of formaldehyde has remained stable. As of August 13, the mainstream factory quotation in Central China was about 923 yuan / ton, that of mainstream manufacturers in North China was 780 yuan / ton, and that in East China was 890 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 formaldehyde factories in Shandong are affected by environmental supervision, and most of them are self inspection and self inspection, and the shipment is flat. The trading atmosphere was flat and light, and the formaldehyde market fluctuated and consolidated.

 

Situation of upstream methanol: in recent years, domestic methanol consolidation is narrow, and the price fluctuation is not big. Most downstream enterprises purchase on demand. In the later stage, the operating rate of methanol is still expected to rise, and the pressure on the supply side is not reduced. However, the price of methanol has been at a low level. The cost of methanol enterprises has been in a state of many losses. The support from the cost side is obvious, and the methanol market in the future is still dominated by narrow range adjustment.

 

The downstream wood board entered the traditional off-season, the terminal demand continued to be weak, just needed procurement was maintained, the market trading atmosphere was flat and light, formaldehyde enterprises shipped smoothly, the market changed little, and the shock consolidation.

 

In recent days, the upstream methanol continued to fluctuate in a narrow range, the terminal demand continued to be weak in the early stage, and the overall supply exceeded demand. Therefore, the chemical branch of the business agency formaldehyde analysts predict that the recent domestic formaldehyde prices will mainly fall below.

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