Formaldehyde: raw material skyrocketing reproduction, formaldehyde positive follow-up

For the relatively weak fundamentals of formaldehyde market, the original industry mentality generally empty. In the initial rise of raw materials, formaldehyde enterprises are more cautious and stable. Started in mid April, led by the coastal methanol led, East China, Southern China, formaldehyde Market tested upstream. At the same time, Shandong Linyi formaldehyde started sharply, supply external flow is reduced, Jiangsu formaldehyde supply shortage, demand reversal, support local enterprises offer up smooth formaldehyde, discuss the market price by 1200 yuan / month tons quickly rose to 1550 yuan / ton, or up to 29.2%, over 1400 yuan / South of Jiangsu ton level. And the supply of Southern China region is sufficient, the market competition pressure is too big, with the rise of power is slightly insufficient, the price is tentatively pushed.

Affected by raw material prices, regional transmission, in addition to coastal areas, the other formaldehyde market upward more slowly, basically after the end of the month began to force. Shandong enterprises started relatively limited quantity, discuss the market quiet atmosphere in the raw material accumulated under the supplier still choose to hike the offer, to narrow the local formaldehyde and the surrounding market spreads, but inside the talks continued weakness, there is no market price. Hebei formaldehyde enterprises procurement cycle is more stable, the factory according to the purchase price of raw materials price adjustment, the pace of the market is slightly lagging behind.

The evening of September 1st, the night of the disk once again pulled methanol rose to 3000 yuan / ton, continue to stimulate the downstream industry mentality, is expected this weekend after the coast and the mainland market will continue to rise in methanol. Formaldehyde market around the country has been larger with the rise, and the mainstream market downstream users can still buy enthusiasm, price conflict mentality is not obvious. Late raw materials continue to boost, formaldehyde market is still part of the upside. But in the long run, do not rule out the raw material methanol market pullback consolidation expected, coupled with local formaldehyde and environmental protection and security are still subject to downstream effects, market consumption upgrade limited, downstream straddle intertwined, industry still cautious operation.