May 14 News - On May 14, Shandong Linyi Jinyimeng formaldehyde price was lowered to 1360 yuan/ton (ex-factory, cash settlement). Chempricehub evaluates formaldehyde with a long/short score of -1. Linyi, Shandong, is a key production and sales region for formaldehyde in China. The local leading enterprise, Jinyimeng, has reduced its ex-factory formaldehyde price to 1360 yuan/ton (ex-factory, cash settlement), which will drive down spot formaldehyde quotes in the region, exerting a generally bearish impact on formaldehyde prices.