April 2, Shandong Linyi Jinyimeng formaldehyde price decreased by 50 yuan/ton, with the current ex-factory cash price quoted at 1500 yuan/ton. Chempricehub analysis of formaldehyde, long-short score: -1. The formaldehyde price decreased by 50 yuan/ton to 1500 yuan/ton, indicating market oversupply or weak demand, which exerts bearish pressure on spot prices. This reduction stems from the pricing adjustment by producer Jinyimeng, possibly reflecting a decline in raw material methanol costs or weakening downstream demand, leading to pressure on the spot market. As a bulk commodity, the price drop will affect the cost structure of the chemical industry chain but does not significantly alter the overall supply-demand dynamics, representing a general bearish factor.