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 quotation of polyformaldehyde (96) in Shandong this week was 4800 yuan/ton, and the quotation was stable.
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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 yuan/ton with tax, and the price is stable. Zibo Qixing Chemical Technology Co., Ltd. produces 10,000 tons of polyformaldehyde per year. The price of polyformaldehyde (96) is 4800 yuan per ton with tax. The price of the manufacturer is firm, and the demand of downstream resins and pesticides is general.
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Industry chain: Upstream methanol situation, according to the business community price monitoring, the domestic methanol market continued to rise this week. At the beginning of the week, the average domestic methanol market price was 2098 yuan/ton, and at the end of the week it was 2180 yuan/ton, up 3.91%. The downstream demand for polyformaldehyde is general.
3. Future Market Forecast
The price of raw material methanol has risen, and the market demand for polyformaldehyde is general. Polyformaldehyde analysts of business associations believe that the momentum of price rise of polyformaldehyde is weak.
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