Prices of paraformaldehyde remained stable this week (8.19-8.23)

I. Price Trend Chart of Polyformaldehyde Market

Price Curve of Polyformaldehyde

(Photo Source: Business Association Commodity Analysis System)

According to the monitoring of business associations, the average price of polyformaldehyde in Shandong province was 4866 yuan/ton this week, and the price was stable for the time being.

Polyglutamic acid cosmetic grade

II. Market Analysis

Products: Shandong Aldehyde Industry Chemical Co., Ltd., with an annual output of 30,000 tons of polyformaldehyde, the price of polyformaldehyde (96) is 4800 yuan/ton with tax, and the price is stable. Linyi Shengyang Chemical Co., Ltd. produces 9000 tons of polyformaldehyde per year. The price of polyformaldehyde (96) is 4800-4900 yuan/ton with tax. The price is stable for the time being. Weifang Xudong Chemical Co., Ltd. produces 20,000 tons of polyformaldehyde per year. The price of polyformaldehyde (96) is 5,000 yuan/ton with tax, and the price is stable for the time being. Influenced by environmental inspection factors, most manufacturers have stopped production, and their quotations are slightly firm.

Polyglutamic acid agricultural grade

Industry chain: The price of methanol on August 22 is mostly stable, and the downstream demand of polyformaldehyde is general.

3. Future Market Forecast

To sum up, the analysts of polyformaldehyde in business associations believe that the market of polyformaldehyde will run smoothly in the short term.

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