Environmental protection limited production, Shandong formaldehyde market shock consolidation

According to the data of bulk commodity list of business agency, the market of formaldehyde in Shandong Province has been stable recently. The average price of formaldehyde in Shandong Province is 1167.67 yuan / ton. The current price is up 1.45% month on month, and the current price is 7.03% higher than last year.

 

Recently, the domestic formaldehyde market price fluctuated and consolidated. As of December 9, the mainstream factory quotation in Central China was about 1143 yuan / ton, that of North China was 930 yuan / ton, and that of East China was 1188 yuan / ton. Shandong Linyi Hongfa formaldehyde production capacity of 70000 tons / year formaldehyde plant shutdown. Recently, some formaldehyde factories in Shandong have been shut down for maintenance under the influence of environmental control. On the whole, the stock of goods on the spot is in a low level, and the transaction of real orders is acceptable, and the market of formaldehyde fluctuates and consolidates.

 

The situation of upstream methanol: the market price of methanol in southern Shandong Province dropped by 10 yuan / ton to 2020-2040 yuan / ton, while Linyi received local goods at 2040 yuan / ton and delivered them without tax, while logistics goods were around 1990-2000 yuan / ton. The transaction volume of methanol market in central Shandong was stable to 2150 yuan / ton, and the external goods negotiation was delivered to spot exchange at 2030-2050 yuan / T, slightly up. The reference price of Shandong methanol in Lubei market is 2060 yuan / ton, which will be delivered to spot exchange. Methanol market up and down, limited support for formaldehyde.

 

Recently, due to the impact of environmental control, the traditional downstream wood board enterprises started to tighten up, and the demand for formaldehyde was weakened, thus maintaining the rigid demand procurement. Formaldehyde market shock consolidation.

 

Recently, the upstream raw material methanol market has been stable and small movements. Some downstream factories have stopped production due to the impact of a new round of domestic environmental control and control, and the formaldehyde factory is under great pressure to ship. Therefore, formaldehyde analysts of chemical branch of business agency predict that the formaldehyde price in Shandong Province will fall mainly in the near future.

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