Chart of Polyformaldehyde Market Price Trend
On November 17, the average price of polyformaldehyde production in Shandong was 5433.33 yuan/ton, which was the same as last week. It fell 23.11% year on year.
Chart of market price trend of methanol polyoxymethylene
Upstream methanol situation: The methanol market in East China is surging, and the coal price is strong to support the production cost. In terms of spot goods, the supply in the domestic mainland market increased, and the port market continued to de stock mainly. The atmosphere of the domestic methanol market is good. The quotation in some regions is adjusted in a narrow range, but the adjustment range is not large. The mainstream transaction is stable.
Recently, the methanol market has a volatile upward trend, with good cost support. However, the transportation in Shandong is not smooth, and the market turnover is poor. Polyformaldehyde analysts from the business community predict that the price may rise slightly.
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