May 14 – On May 14, Shandong Lianyi lowered its formaldehyde ex-factory cash price to 1,360 RMB/ton. According to Chempricehub's analysis, the long-short rating for formaldehyde stands at -1. The ex-factory cash price reduction by Shandong Lianyi on May 14 reflects a downward adjustment in regional producer quotations, exerting a generally bearish impact on the spot formaldehyde price.