February 24th News: On February 24th, Shandong Linyi Jinyimeng formaldehyde prices increased by 10 yuan/ton, quoted at 1010 yuan/ton ex-factory cash payment. Chempricehub's analysis of formaldehyde, with a bullish-bearish score of 1: The article reports that Shandong Linyi Jinyimeng formaldehyde prices rose by 10 yuan/ton to 1010 yuan/ton ex-factory cash payment, indicating an increase in spot market demand or a decrease in supply, which constitutes a positive impact on formaldehyde spot prices. This increase is relatively small (approximately 1%), falling under the category of a general positive development. It may reflect short-term improvements in regional market supply and demand, but attention should be paid to its sustainability going forward.