Price trend

According to the monitoring data of SunSirs, the market price of formaldehyde in Shandong was volatile and consolidated. On the 7th, the average price of formaldehyde in Shandong was 1,283.33 RMB/ton. The current price rose 4.05% month-on-month, and the current price fell 9.47% year-on-year.

Analysis review

Recently, the market of raw material methanol was stable, the cost support was general, the downstream remained just in need of purchase, and the formaldehyde manufacturers shipped smoothly.

Market outlook

Formaldehyde analysts of SunSirs predict that the price of formaldehyde in Shandong will fall slightly in the near future

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