For enterprises, the futures market can be divided into buying hedging and selling hedging. For enterprises that produce formaldehyde, they are worried about falling market prices and should sell them to preserve their value; For enterprises that purchase formaldehyde, they are worried about rising market prices and do buying hedging. Of course, the futures market has other functions, such as price discovery.
The listing of formaldehyde will definitely increase the financial properties of formaldehyde, so it will lead to more frequent fluctuations in formaldehyde prices than before.