April 7th News: On April 7th, Shandong Lianyi lowered its formaldehyde price by 20 yuan/ton, with the ex-factory cash price quoted at 1,480 yuan/ton. Chempricehub's analysis of formaldehyde, with a long-short score of -1: The formaldehyde price decreased by 20 yuan/ton to 1,480 yuan/ton, indicating ample market supply or weakened demand, which generally exerts bearish pressure on spot prices. The price decline reflects the current loose supply-demand balance, possibly due to increased enterprise inventories or slower downstream procurement, putting short-term pressure on the spot market.