Sinochem New Network News currently the domestic formaldehyde market as a whole is in a weak downturn. Since June, the southern region has been hit by a series of heavy rains. Plate companies have not been able to start normal operations and the formaldehyde market has been unable to escape. In July, affected by instability in the downstream construction, formaldehyde companies in the East China and South China regions have been slow to ship. Some formaldehyde companies have frequently reported low prices, but most of the downstream customers have the mentality of buying up or down, and shipments have not shown signs of improvement. .
As of July 4, the mainstream market price in the Jiangsu-Zhejiang coastal area was between 1,500 and 1,530 yuan (t price, the same below), southern Jiangsu was mostly concentrated at around 1,380 yuan; Guangzhou's mainstream ex-factory price was between 1,500 and 1,550 yuan; Fujian market Stability, the mainstream ex-factory price in 1500 ~ 1540 yuan.
Although the northern market has not experienced the baptism of heavy rain, but the demand is still unsatisfactory, and the market has “plunged†endlessly. Affected by the farmer’s busy period in the previous period, most of the man-made board factories were suspended and the consumption of formaldehyde was curbed. At present, the agricultural sector is basically over, and the sheet metal factories are gradually starting to work. However, the signs of a recovery in demand have not shown up, and most of them are based on the consumption of inventory. With the use, the spot consumption is slow. The mainstream market price in the Hebei market is in the range of 1,260-1,310 yuan, and that in the Shandong market is 1,220-1,360 yuan. Adequate supply in some regions, weak demand, and low price competition are fierce.
As of July 4, the mainstream market price in the Jiangsu-Zhejiang coastal area was between 1,500 and 1,530 yuan (t price, the same below), southern Jiangsu was mostly concentrated at around 1,380 yuan; Guangzhou's mainstream ex-factory price was between 1,500 and 1,550 yuan; Fujian market Stability, the mainstream ex-factory price in 1500 ~ 1540 yuan.
Although the northern market has not experienced the baptism of heavy rain, but the demand is still unsatisfactory, and the market has “plunged†endlessly. Affected by the farmer’s busy period in the previous period, most of the man-made board factories were suspended and the consumption of formaldehyde was curbed. At present, the agricultural sector is basically over, and the sheet metal factories are gradually starting to work. However, the signs of a recovery in demand have not shown up, and most of them are based on the consumption of inventory. With the use, the spot consumption is slow. The mainstream market price in the Hebei market is in the range of 1,260-1,310 yuan, and that in the Shandong market is 1,220-1,360 yuan. Adequate supply in some regions, weak demand, and low price competition are fierce.
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