May 7 News – On May 7, Zibo Qixing reduced its formaldehyde price by 50 RMB/ton, quoting 1,350 RMB/ton ex-factory cash. Chempricehub comments on formaldehyde: Bullish-Bearish Rating: -1

On May 7, Zibo Qixing lowered its ex-factory formaldehyde price by 50 RMB/ton to 1,350 RMB/ton ex-factory cash. The weakening spot market quotations exerted a generally bearish impact on formaldehyde prices.