On April 10, the benchmark price of formaldehyde in Sunsirs was 1200.00 RMB/ton, which was -1.91% lower than that at the beginning of this month (1223.33 RMB/ton).
Recently, the methanol market has been weak and low, the cost support is not good, and the demand from downstream sheet metal factories is weak. Therefore, the formaldehyde analysts of Sunrise Chemical Branch predict that the price of formaldehyde in Shandong will fluctuate and fall in the near future.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.