According to the commodity market analysis system of Business Society, the price of polyformaldehyde in Shandong has recently fluctuated and fallen. At the beginning of the week, the average production price of polyformaldehyde in Shandong was 5000.00 yuan/ton, and on the weekend, the average production price of polyformaldehyde in Shandong was 4975.00 yuan/ton, a decrease of 0.50%, a month on month decrease of 2.45%, and a year-on-year decrease of 8.15%.
Upstream methanol situation: In terms of supply, there is currently not much pressure on power plant replenishment, and there is a strong wait-and-see attitude. Most of the procurement plans have been postponed, resulting in low market activity. With the start of gas restrictions in Southwest China, there is a downward trend in domestic supply and demand, but there has been no significant change for the time being. Business Society Methanol Analyst predicts that the domestic methanol market is mainly weak and consolidating.
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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