On October 20, 2026, industry information platform Zhumutong released the latest building formwork price data for Shandong. The update covers two commonly cited products: black film-faced formwork priced at approximately RMB 35 per sheet and red glue-coated formwork priced at approximately RMB 14 per sheet.

The data is identified as complying with the national standard GB/T 17656-2018, Plywood for Concrete Formwork. It therefore provides a current reference for the quoted specifications in the Shandong market.

What the price update means for buyers

The two quoted prices should be read together with their dimensions, thicknesses, core materials and surface treatments. Because the specifications differ, a direct price comparison alone cannot establish which product offers better value. Buyers and project participants may need to assess the quoted price alongside sheet size and material configuration when reviewing procurement costs.

At this stage, the information supports a snapshot of regional market quotations and supply-demand conditions. It does not by itself establish a sustained price trend or indicate how the market will move next. Subsequent price updates and changes in quotations for the same specifications will be the key signals for judging whether the current levels are stable or beginning to change.