Great fluctuations in formaldehyde prices

Since November, the prices of formaldehyde have shown significant fluctuations. First, the price rose sharply. In a short period of more than 10 days, it rose by 100 to 150 yuan (t price, the same below). However, the high position only lasted for a few days, and then fell sharply after the end of November. It was only a short period of ten days and the price fell by 150 to 250 yuan. Not only did it all fall back, but it also fell. More. At present, the factory price of formaldehyde is mostly 1400 to 1,750 yuan, which is 60 to 100 yuan less than that at the beginning of November, and the high price is more than 120 yuan. The specific factory quotas for each location are: RMB 1,550-1,650 for Central China, RMB 1,400-1,550 for North China, RMB 1,450-1,700 for East China, RMB 1,500-1,680 for Southwest China, RMB 1,550-1,750 for South China, and RMB 1,550-1,700 for Northeast China.

This round of volatility in the formaldehyde market was mainly caused by the sharp rise and fall in raw material methanol prices. After entering mid-November, due to the US launched a US$600 billion quantitative easing program, increased inflation expectations, a large increase in the prices of various commodities, rising international oil prices, a sharp increase in dimethyl ether prices, an increase in the price of methanol electronic disks, and artificial speculation. With various factors such as comprehensive effects, the domestic methanol price has been rising and rising, and the highest import price of methanol in the south China port region has reached 3,800-3,900 yuan, and the domestic domestic methanol ex-factory price has also jumped to a high of 3,500-3,600 yuan. However, this short-lived skyrocketing market soon came to an end. With the increase in imports of methanol, the increase in the domestic methanol utilization rate, and the large amount of profit-taking discarded goods, the methanol market began to fall. To the import of methanol tank price of 3000 to 3100 yuan, domestic methanol ex-factory price of 2800 to 2900 yuan, only basically stopped falling.

In this round of soaring raw material methanol prices, formaldehyde manufacturers have performed relatively rational. When the price of methanol skyrocketed, formaldehyde manufacturers controlled the rate of increase in formaldehyde prices, and no methanol prices rose fast, effectively protecting the interests of the downstream industry, but also to make their own sales have not been affected; At the same time slowed down from the methanol manufacturers The speed of purchase, when the price is too high, no longer continue to purchase, making the price of methanol lost the basis for continued high. However, when the price of methanol plummeted, the general import volume of formaldehyde manufacturers was small at the beginning, until it basically fell to the bottom of the area, and the purchase rate of formaldehyde manufacturers was quickened, and better results were obtained.