Shandong formaldehyde market weak consolidation

　　Sinochem New Network News Recently, the Shandong formaldehyde market has been weak and consolidated
.
According to the data of the commodity list of the business community, the current average price of formaldehyde in Shandong is 1213.
33 yuan (ton price, the same below), down 6.
19% month-on-month and 9.
45% year-on-year
.

　　In the past two months, the formaldehyde market in Shandong has been dominated by fluctuations, and the recent market has been basically stable
.
As of July 19, the mainstream market price of formaldehyde in Shandong is 1200~1220 yuan
.

　　In terms of raw materials, the domestic methanol market was sluggish and the decline slowed down
.
In the main terminal market, the price of receiving goods in the northern region of Shandong has dropped simultaneously.
The raw material inventory of the local downstream factories is high, and the phenomenon of car pressure is serious
.
The production cost of methanol may be weakened, and the supply will not be reduced, while the downstream rigid demand is mainly.
It is expected that the domestic methanol market will still decline at a low level in the short term
.

　　In terms of demand, the construction of the downstream board factory has not improved, and the demand for formaldehyde in the field is limited
.

　　The formaldehyde analyst of the Chemical Branch of the Sunshine Society believes that the raw material methanol is declining at a low level, and the cost of formaldehyde is generally supported.
In addition, the demand from downstream lumber mills continues to be poor.
It is expected that the price of formaldehyde in Shandong will continue to decline mainly
.