According to the bulk commodity list data of business society, the market price of formaldehyde in Shandong rose on March 22. The average price of formaldehyde in Shandong was 1382.50 yuan / ton on March 21. The average price of formaldehyde in Shandong was 1432.50 yuan / ton on March 22, up 3.62%. The current price rose 12.21% month on month, and the current price rose 8.80% year-on-year.

The formaldehyde market has risen recently. As of March 22, the mainstream market price in Shandong is 1400-1550 yuan / ton. Recently, the raw material methanol market began to rise, the cost support was good, and the purchasing sentiment of the downstream plate factory was OK. Therefore, the formaldehyde analyst of the chemical branch of the business society predicted that the recent rise in the price of formaldehyde in Shandong would be the main trend.

Recently, the market of raw material methanol has risen, and the downstream demand is general. Therefore, the formaldehyde analyst of the chemical branch of business society expects that the recent price of formaldehyde in Shandong will mainly rise slightly.