April 13th — On April 13th, Shandong Lianyi lowered its formaldehyde price by 10 yuan/ton, with the ex-factory cash price quoted at 1,460 yuan/ton. Chempricehub's analysis of formaldehyde indicates a bearish score of -1. The report notes that the formaldehyde price has dropped by 10 yuan/ton to 1,460 yuan/ton, suggesting ample market supply or weak demand, which exerts downward pressure on spot prices. The score of -1 (generally bearish) reflects that although the price decline is modest, it clearly signals market weakness and may affect short-term spot trading confidence.