As we know, melamine formaldehyde resin compound is a polymer obtained by the reaction of melamine and formaldehyde. Therefore, for tableware manufacturers and melamine molding powder manufacturer (Huafu MMC Factory), it is necessary to know the market conditions of formaldehyde. Let’s continue to take a look at the data compiled by Huafu Chemicals.
The market price of formaldehyde in Shandong fell this week.
Upstream Methanol Situation
Recently, the domestic methanol market has been weak and consolidated, and the downstream lumber mills have weak demand. Under double pressure, Huafu Chemicals expects that the price of formaldehyde in Shandong will mainly fall in the near future.