April 10th News — On April 10th, Shandong Linyi Jinyimeng's formaldehyde price was lowered by 10 yuan/ton, with the current offer at 1,500 yuan/ton ex-factory cash payment. Chempricehub analysis of formaldehyde, long-short rating: -1. The article reports that Shandong Linyi Jinyimeng's formaldehyde price was reduced by 10 yuan/ton to 1,500 yuan/ton ex-factory cash payment, indicating ample market supply or weak demand, exerting downward pressure on spot prices. The rating is generally bearish, as the price decline is relatively small (approximately 0.67%), but it clearly reflects a short-term bearish trend.
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