General demand, Shandong formaldehyde market shock consolidation

According to the data of the commodity list of the business society, the recent formaldehyde Market in Shandong is stable. The average price of formaldehyde in Shandong is 1167.67 yuan / ton, and the current price has increased by 11.46% compared with last year.

 

Recently, the domestic formaldehyde market price fluctuated and consolidated. As of January 6, the mainstream factory price in Central China was about 1250 yuan / ton, the mainstream factory price in North China was 1060 yuan / ton, and the mainstream factory price in East China was 1246 yuan / ton. Shandong Linyi Galaxy formaldehyde production capacity of 120000 tons / year formaldehyde plant shutdown. In the near future, the operating rate in Shandong has declined, and some formaldehyde factories have been shut down for maintenance. Overall, the floor operating rate is at a low level, the actual single transaction is general, and the formaldehyde market is volatile and consolidation.

 

Upstream methanol situation: the quotation of methanol market in southern Shandong dropped 20-30 yuan / ton to 2210-2230 yuan / ton, Linyi received local goods around 2220-2230 yuan / ton and delivered them without tax, the mainstream was low-end, and there was no quotation for logistics goods. Shandong methanol Lubei market reference price in 2200 yuan / ton to spot. The turnover of methanol market in central Shandong Province was stable at 2290 yuan / ton, and the cash out of the warehouse. Methanol market in some areas fell slightly, limited support for formaldehyde.

 

In recent years, the southern Shandong timber factory started to work generally, and the purchase of formaldehyde was just needed, so the market trading atmosphere was light. Before the Spring Festival holiday is approaching, some plate mills have plans to take a holiday ahead of time.

 

Recently, the upstream raw material methanol market fell slightly, the cost support is not strong, the downstream wood factory operating rate is not high, the demand is general, so the formaldehyde analyst of business society chemical branch predicted that the recent formaldehyde price in Shandong will mainly fall below.

Gamma PGA

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