Shandong formaldehyde market shock finish

According to the data of bulk commodity list of business agency, the average price of formaldehyde in Shandong Province is 1066.67 yuan / ton in recent years. The current price is up 4.92% month on month, and the current price is down 19.19% compared with last year.

 

Recently, the domestic formaldehyde market price fluctuated and consolidated. As of October 27, the mainstream factory quotation in Central China was about 1037 yuan / ton, that of mainstream manufacturers in North China was 965 yuan / ton, and that in East China was 1081 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 atmosphere of trading on the floor is relatively flat, the actual transaction is general, and the formaldehyde market is basically stable.

 

Situation of upstream methanol: in recent years, the ex factory quotation of methanol enterprises in Shandong has remained stable. The transaction price of Shandong methanol in Lubei market is 1720-1740 yuan / ton, and most of them wait and see. The methanol market in central Shandong was stable at 1900 yuan / T, while the turnover of peripheral goods was weak to 1720-1740 yuan / T, which was not so good. Let’s wait and see. The methanol market in southern Shandong Province fell by 50-60 yuan / ton to 1860-1890 yuan / ton in cash exchange. Linyi received the local goods quotation of 1860-1880 yuan / ton and delivered them to the place without tax. The quotation of logistics goods was 1800 yuan / ton. Disk down, downstream receiving cautious, general market trading.

 

In recent years, the demand of traditional downstream methylal and pentaerythritol is general compared with that of wood panel mills, and the demand side support is flat. Formaldehyde manufacturers to order delivery, the market remains unchanged.

 

In recent days, the upstream raw material methanol has a downward trend, and the downstream terminal demand is relatively weak compared with last week. Therefore, the formaldehyde analysts of the chemical branch of the business cooperative predict that the formaldehyde price in Shandong Province will mainly fall slightly in the near future.

Gamma PGA

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