December 29th News On December 29th, Shandong Lianyi's formaldehyde price was reduced by 10 yuan/ton, quoted at 1,020 yuan/ton for ex-factory cash payment. Chempricehub's analysis of formaldehyde, with a long-short rating of -1, indicates that the spot price of formaldehyde has decreased by 10 yuan/ton to 1,020 yuan/ton, suggesting ample market supply or weakened demand, putting downward pressure on spot prices. This change of approximately 1% reflects a generally bearish impact, likely due to seasonal demand weakness or proactive price adjustments by producers. It is expected that the spot market will remain weak in the short term. A rating of -1 indicates a generally bearish influence.