April 13th News: On April 13th, the price of formaldehyde at Shandong Linyi Jinyimeng was reduced by 10 yuan/ton, with the current offer at 1,490 yuan/ton ex-factory cash payment. Chempricehub analysis of formaldehyde, long-short score: -1. The spot price of formaldehyde decreased by 10 yuan/ton to 1,490 yuan/ton (ex-factory cash payment), indicating a possible increase in market supply or weak demand, which generally exerts bearish pressure on spot prices. The price decline reflects a short-term supply-demand imbalance, potentially stemming from inventory pressure among enterprises or reduced downstream procurement. It is advisable to monitor subsequent changes in supply and demand.