Glyoxal price changes is mainly influenced by material,supplying & needs,ocean freight,USD exchange rate,plant or warehouse distance to loading port.
The raw material ethylene glycol price is always the first factor to influence Glyoxal price. Compared to that in 2023,Glyoxal price has risen around CNY300~500/MT. Since Mar.,glyoxal 40% price has been lower CNY200. It has been stable since April. In the second half of 2023,ethylene glycol price is CNY3900~CNY4100. It is CNY4400~CNY4500,whose peak is up to CNY4800 in January and February.
Whether in 2023 or 2024, there has not been much change in demand. Just because the demand for glyoxylic acid has increased, more glyoxal has been used as a raw material for glyoxal. Certain glyoxal manufacturers stop producing in first quarter has less influences.
For ISO tank, the distance to loading port influence too much on price. It should have no other plants or warehouse shorter than ours. We have storage tank near Shanghai and workers in Shanghai.
We supply glyoxal 40% with formaldehyde 1500PPM,1000PPM,500PPM,100PPM. It has a clear price advantage for glyoxal FA1500,1000,or 500.
