The price of polyformaldehyde in Shandong fluctuates narrowly

According to the commodity market analysis system of Business Society, the price of polyformaldehyde in Shandong has been fluctuating and consolidating recently. At the beginning of the week, the average production price of polyformaldehyde in Shandong was 4737.50 yuan/ton, and on the weekend, the average production price of polyformaldehyde in Shandong was 4762.50 yuan/ton, an increase of 0.53% and a year-on-year decrease of 12.06%.


Upstream methanol situation: The domestic methanol market is operating in a narrow upward trend. Anqing Shuguang and Xiaoyi Xindongheng equipment maintenance; Guangju New Materials, Yunnan Qumei, and Yunnan Pioneer Plant have reduced production; Daqing Methanol Plant, Sinopec Great Wall, and Xinjiang Xinye Plant have been restored. The overall loss is greater than the recovery, resulting in a decrease in capacity utilization. The supply side of methanol is influenced by favorable factors. The low volume of methanol arriving at the port and the low level of port inventory have provided strong support to the market, resulting in a slight increase in the methanol market.


Recently, the price of raw material methanol has slightly increased, and cost support has improved. The market for polyformaldehyde is expected to follow suit, and polyformaldehyde analysts from Business Society predict that the price may increase slightly.

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