January 4th News: On January 4th, Shandong Lianyi lowered its formaldehyde price by 20 yuan/ton, quoting 1,000 yuan/ton ex-factory with cash payment. Chempricehub's analysis of formaldehyde, with a long-short score of -1: The formaldehyde price has been reduced by 20 yuan/ton to 1,000 yuan/ton, reflecting ample market supply or weak demand, which exerts bearish pressure on spot prices. The reduction of 2%, while not a significant change, indicates a short-term supply-demand imbalance that may dampen corporate purchasing interest. A score of -1 denotes a generally bearish outlook.