The cost fluctuated and fell, and the market price of formaldehyde fell.

I. price trend

According to the data of the commodity list of the business association, the formaldehyde Market in Shandong Province recently fell. The average price of formaldehyde on the 14th was 1296.67 yuan / ton, and the average price of formaldehyde on the 17th was 1280.00 yuan / ton, down 1.29%. The current price is 21.58% lower than last year.

II. Market analysis

Products: the price of formaldehyde in the domestic market has fallen. As of the 17th, the mainstream factory quotation in Hebei is about 1170 yuan / ton, the mainstream factory quotation in South China is about 1200 yuan / ton, the mainstream factory quotation in Shandong is about 1250 yuan / ton, and the mainstream factory quotation in Jiangsu is 1450 yuan / ton. The annual output of 120000 tons formaldehyde plant in Linyi Yinhe, Shandong Province has been restarted, with the formaldehyde content of 36.7-37%. Linyi Jinyuan Chemical has two formaldehyde production lines with an annual production capacity of 80000 tons and formaldehyde content of 37%. The plant has been restarted. Formaldehyde plant restart more, formaldehyde market stock up, formaldehyde factory mentality is empty, the price all the way down.

Industry chain: the upstream methanol is affected by the phenomenon of high inventory in the port, the delivery of methanol in the inland market is not smooth, and the delivery of upstream enterprises such as Inner Mongolia is general, the operators in the field are passive, and most traders wait and see. The price was 2356.00 yuan / ton on the 14th and 2330.00 yuan / ton on the 17th, down 1.08%. The downstream market demand is relatively stable, affected by the drop in supply and demand costs, formaldehyde prices fell.

III. future forecast

Recently, the upstream methanol has a large inventory in the site, and the phenomenon of high inventory in the port is hard to disappear in a short time. The overall trading atmosphere of the market is depressed. The methanol market continues to fall, and the cost side is insufficient. Therefore, the formaldehyde analyst of the chemical branch of the business society predicted that the recent domestic formaldehyde price or overall decline is the main trend.