Recently, the domestic formaldehyde market has been volatile, and the manufacturers' mentality is temporarily unstable due to the limited raw material market. In the early stage, due to the sluggish market transactions, domestic methanol manufacturers reduced their prices to stimulate shipments. By the end of the press release, the Northwest market had dropped by 200 yuan / ton as a whole, but the market turnover had not improved significantly. Looking at the game of supply and demand in the field as a whole, it is expected that the weak operation of the formaldehyde market will be the mainstream when it is difficult for the terminal to produce large quantities.
at present, the average price of formaldehyde in the leading domestic regions is around 1250 yuan / ton in Shandong, 1200 yuan / ton in Hebei and 1300 yuan / ton in Henan. However, the corresponding raw material price has fallen back to 2430 yuan / ton, 2450 yuan / ton and 2400 yuan / ton. According to the calculation, the market profits of Shandong, Hebei and Henan are 106.5 yuan / ton, 47.5 yuan / ton and 170 yuan / ton respectively. However, from the actual transaction, the overall transaction of Shandong and Henan markets is not smooth, and there is still room for formaldehyde to decline.
in addition, with the digestion of the impact of the high-speed dangerous chemicals embargo in Shanxi, the freight from the northwest to the mainland has dropped significantly. It is reported that the freight from the north line to Zibo is 320-330 yuan / ton, a decrease of 130-170 yuan / ton compared with the previous period. Therefore, the pressure on the cost side gradually decreases in the later period, and it is more difficult to improve the market price of formaldehyde.
