April 21st News: On April 21st, Zibo Qixing lowered its formaldehyde price by 50 yuan/ton, quoting 1400 yuan/ton ex-factory cash payment. Chempricehub analysis of formaldehyde, long-short score: -1. The reduction of Zibo Qixing's formaldehyde price by 50 yuan/ton to 1400 yuan/ton indicates increased market supply or weak demand, exerting downward pressure on spot prices. A score of -1 signifies a generally bearish outlook, as the moderate price decline reflects a short-term supply-demand imbalance without involving major events such as policy changes or natural disasters.