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The Formaldehyde Market Declines 2022-10-21

Melamine, formaldehyde and pulp are all important raw materials for the manufacturing of melamine molding powder. Today Huafu MMC Factory will share the formaldehyde market price change for you.

The recent market price of formaldehyde declines. The formaldehyde average price on Oct.18th is 1393.33 yuan/ton (about 192 U.S. dollars/ton), compared to the price on Oct.11th fell 3.69 %. The current price rose by 5.56 % year-on-year, and the current price fell by 37.14 % year-on-year last year.

melamine molding powder price


Recently, the methanol market is low, the cost support is not good, the formaldehyde market is affected by methanol, the downstream demand is difficult to improve, the purchase is maintained, the formaldehyde market is generally traded, and the market is slightly weak.

After the National Day holiday, the domestic methanol market continued to decline unilaterally, the quotations of production enterprises were also lowered many times, and the market atmosphere ' returned to calm '.

formaldehyde price change


With the decline in the domestic methanol market, the demand for downstream wood panel plants continues to be poor. Under dual pressure, the formaldehyde market is difficult to improve. Therefore, Huafu Chemicals expects that the recent price of formaldehyde in Shandong is mainly a weak decline.

melamine moulding compound for tableware spoon


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