April 15 (Reuters) - On April 15, Shandong Lianyi's formaldehyde price was lowered by 10 yuan/ton, with an ex-factory cash payment quotation of 1,460 yuan/ton. Chempricehub's analysis of formaldehyde, with a long-short score of -1: Shandong Lianyi's spot formaldehyde price decreased by 10 yuan/ton to 1,460 yuan/ton, quoted ex-factory with cash payment, indicating a possible increase in market supply or weak demand, exerting a generally bearish impact on spot prices. The price decline directly reflects short-term sales pressure on enterprises, which may dampen overall market sentiment. However, the decrease is limited (approximately 0.68%) and does not reach a significant bearish level. The analysis is based solely on the spot market and does not involve futures data.
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