Cost support Shandong formaldehyde market price rise slightly

The average price of formaldehyde in Shandong Province on July 7 was 863.33 yuan / ton, while that on August 8 was 866.67 yuan / ton, an increase of 0.39%. The current price was down 0.76% month on month, and the current price was 24.42% lower than last year.

 

EDTA 2Na

Recently, the domestic market price of formaldehyde has risen slightly. As of July 8, the mainstream factory quotation in Central China is about 950 yuan / ton, that of mainstream manufacturers in North China is 750 yuan / ton, and that in East China is 890 yuan / ton. Linyi Jinyuan Chemical has two formaldehyde production lines with an annual production capacity of 80000 tons, formaldehyde content of 37% and load of 50%. Recently, the market of formaldehyde in Shandong has risen slightly. The start-up of formaldehyde enterprises is basically stable, the market supply is fair, and the trading atmosphere is general, and the formaldehyde market is rising slightly.

 

Upstream methanol situation: the methanol market shows regional differences. Some units in Northwest China are shut down for maintenance, and some upstream factories are reluctant to sell. In addition, methanol futures prices are rising, and manufacturers actively push up the price. In terms of inventory, the port and inland inventory accumulated again this week, and the import volume remained at the level of 1 million tons in the later stage. It was hopeless to go to the warehouse in the short term, and the high inventory continued to suppress the methanol price; the demand side was mainly stable, and it was difficult to increase significantly in the short term. The overall high inventory impact maintenance is good, and the domestic methanol market is in a volatile situation.

 

Melamine

The downstream wood panel entered the traditional off-season, the terminal demand continued to shrink, the market trading atmosphere was relatively mild, the formaldehyde enterprise shipment was positive, the upstream strong pull up, the market rose slightly.

 

Recently, the upstream methanol price fluctuated upward, and under the cost support, formaldehyde enterprises passively pulled up. Therefore, the formaldehyde analysts of the chemical branch of the business agency predict that the domestic formaldehyde price will mainly rise in the near future.

EDTA