January 6th News: On January 6th, Zibo Qixing's formaldehyde price was lowered by 30 yuan/ton, quoted at 1,000 yuan/ton ex-works with immediate payment. Chempricehub's analysis of formaldehyde shows a bearish score of -1. The report indicates that Zibo Qixing's formaldehyde price has dropped by 30 yuan/ton to 1,000 yuan/ton, reflecting oversupply or weakening demand in the market, leading to downward pressure on spot prices. This has a generally bearish impact on the formaldehyde spot market and may trigger a wait-and-see attitude among downstream buyers.