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 (96) in Shandong this week was 4800 yuan/ton, and the price was stable for the time being.
II. Market Analysis
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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/ton with tax. The price of the manufacturer is firm, and the demand of downstream resin and pesticide is still acceptable.
Industry Chain: This week, the domestic methanol market has increased slightly. At the beginning of the week, the average domestic methanol market price was 2076 yuan/ton, and at the end of the week it was 2098 yuan/ton, up 1.06%. The downstream demand for polyformaldehyde is general.
3. Future Market Forecast
Polyformaldehyde analysts of business associations believe that polyformaldehyde will be mainly narrow adjustment.
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