Affected by the drop in raw material methanol prices and weak downstream demand, the formaldehyde market continued to fluctuate in the near future, but the decline was slower than before the Spring Festival. At present, the factory price of formaldehyde is mostly 1200 to 1,500 yuan (ton price, the same below), which is 40 to 60 yuan lower than before the Spring Festival. The mainstream quotation in Central China is 1400 to 1480 yuan; the mainstream quotation in North China is 1200 to 1400 yuan; the mainstream quotation in East China is 1,420 to 1,500 yuan; the mainstream quotation in Southwest China is 1,360 to 1,460 yuan; the mainstream quotation in South China is 1,400 to 1,500 yuan; The mainstream offer in the region is 1320 to 1420 yuan. There are two main reasons why the formaldehyde market fluctuates. First, the price of upstream raw materials fell. Due to the continuous increase in the operating rate of methanol companies, the supply volume increased, and the downstream demand did not keep up with the same time, causing the methanol price to continue to fall after the Spring Festival. At present, the importation price of methanol in East China is RMB 2680 to RMB 2820, the importation price of methanol in South China is RMB 2770 to RMB 2800, the domestic factory price for methanol is mostly RMB 2450 to RMB 2850, and the extreme low price in Xinjiang has fallen below the RMB 2,000 mark. Compared with before the Spring Festival, most of them fell by 80 to 100 yuan, and the high was over 150 yuan. The main production cost of formaldehyde came from methanol, and the price of methanol dropped, driving the price of formaldehyde down. The second is the lack of downstream demand. Formaldehyde is mainly used for the manufacture of wood-based panels, which is greatly affected by the real estate industry. After the Spring Festival, two major real estate policy measures including “New Country Eight†and “Real Estate Tax†were issued in succession. Local policies on controlling property purchases were frequent, interest rates were raised, and various information on benchmark interest rates for deposits and loans were rushed to make the real estate market in 2011. The shadow of the upper layer, coupled with the impact of factors such as the use of workers, some of the plate companies have delayed the start or reduce the load, the demand for formaldehyde decreased. From the market outlook, the weakening of the formaldehyde market will continue for some time. From the perspective of the raw material methanol, although the recent international crude oil prices rose sharply, the stimulation effect on methanol prices did not seem to be large. The world’s largest methanol producer Methanex announced that its March contract price for methanol was US$420, which was the same as February. This is different from the past. In the past, after the international oil price rose, the international methanol price also rose. It is estimated that the main reason for the current contradiction between the supply and demand in the methanol market. From the demand point of view, the downstream sheet metal industry is unlikely to change greatly at the same time, and it does not support the higher price of formaldehyde. Outdoor Led Light,Led Laser Lights,Christmas Laser Light,Romantic Decoration Light SHAOXING SUNSHINE ELECTRONIC CO.,LTD , https://www.crownlamp.com