The price of paraformaldehyde has fallen

According to the commodity market analysis system of Business Society, the price of polyformaldehyde has recently fluctuated and fallen. At the beginning of the week, the average production price of polyformaldehyde was 5062.50 yuan/ton, and on the weekend, the average production price of polyformaldehyde was 5037.50 yuan/ton, a decrease of 0.49%, a month on month decrease of 1.71%, and a year-on-year decrease of 7.00%.

 

Upstream methanol situation: The methanol market has rebounded and fluctuated. In terms of supply, global coal supply is stable, domestic imports have increased, and the increase in domestic demand is not enough to support coal prices to operate at high levels; In terms of demand, the overall pressure on inventory in power plants is relatively low. Currently, the terminal mainly relies on long-term replenishment and replenishes inventory according to demand. The demand for coal in the market is relatively flat, and the overall sentiment is wait-and-see. The domestic methanol market situation is mainly sorted out.

 

Recently, the domestic methanol market has experienced a slight decline, with downstream demand maintaining procurement and polyformaldehyde manufacturers shipping normally. Business Society polyformaldehyde analysts predict that prices may slightly decline.

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