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Chempricehub Alert: Shandong Lianyi Formaldehyde Price Increased
Published on 2026-03-04
March 4th News: On March 4th, Shandong Lianyi increased its formaldehyde price by 20 yuan/ton, quoting 1,060 yuan/ton ex-factory with cash payment. Chempricehub's analysis of formaldehyde shows a bullish-bearish score of 1. The article reports that Shandong Lianyi raised its formaldehyde price by 20 yuan/ton to 1,060 yuan/ton, ex-factory with cash payment, indicating tight supply or increased demand in the spot market, which directly supports the spot price of formaldehyde. This news reflects positive market signals, possibly due to rising raw material costs or recovering downstream demand. It is expected to support price increases in the short term, but the magnitude of the increase is moderate (approximately 1.89% rise), representing a general positive factor rather than a major driving force.