SunSirs--China Commodity Data Group

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SunSirs: The Price of Formaldehyde in Shandong Mainly Increased Slightly

March 03 2023 13:44:14     

The latest price of formaldehyde (March 1): 1283.33 RMB/ton

Key points of analysis: the methanol price on March 1 increased by 2.12% compared with the previous trading day, and the current price fell by 4.59% year-on-year. The price of formaldehyde in Shandong has risen. Recently, the market of raw material methanol has gone up, the cost support is good, and the downstream is just in need of purchase. The formaldehyde manufacturers are actively shipping, and the inventory is controllable.

Future forecast: It is expected that the price of formaldehyde in Shandong will rise slightly in the near future.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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