The latest price of formaldehyde (March 1): 1283.33 RMB/ton

Key points of analysis: the methanol price on March 1 increased by 2.12% compared with the previous trading day, and the current price fell by 4.59% year-on-year. The price of formaldehyde in Shandong has risen. Recently, the market of raw material methanol has gone up, the cost support is good, and the downstream is just in need of purchase. The formaldehyde manufacturers are actively shipping, and the inventory is controllable.

Future forecast: It is expected that the price of formaldehyde in Shandong will rise slightly in the near future.

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