Formaldehyde is one of the important raw materials of melamine powder, and its market conditions have also attracted much attention.
Today, Huafu Melamine Molding Powder Factory will share with you the latest market trends of formaldehyde.
In recent days, the domestic formaldehyde market has continued to rise. The market price of raw material methanol continues to rise, and the cost-side boosting effect is obvious.
- Southern China methanol market rose. The coke oven gas methanol plant in this area is closed or the load is low.
- Today, the Shandong neopentyl glycol (solid) market is in a downturn and real orders are scarce. The raw material isobutyraldehyde is expected to be divergent, and mainly wait-and-see, with little actual trading. The spot volume in the market is not large, and the quotation is high.
- It is expected that the raw methanol market will operate strongly, and the cost-side support will still exist. There is currently a certain bullish sentiment in the market. It is expected that the formaldehyde market will continue to rise steadily next week.
The price increase of formaldehyde will lead to increase the cost of melamine powder. Since raw materials are the basis for production, adequate storage must be ensured. If you need to purchase melamine powder, please contact us!
Mobile: +86 15905996312 Email: melamine@hfm-melamine.com
Post time: Sep-23-2021