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 4866 yuan/ton, and the price was stable for the time being.
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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. Nanjing Qianrui Chemical Co., Ltd. quotes 4500 yuan/ton of polyformaldehyde (92) with tax. Zibo Qixing Chemical Technology Co., Ltd. produces 10,000 tons of polyformaldehyde per year, and the price of polyformaldehyde (96) is 4800 yuan/ton with tax. Due to the recent environmental inspection factors, the factory started abnormally and intermittently. The price of the factory is slightly firm.
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Industry chain: The domestic methanol market is on the strong side this week. At the beginning of the week, the average domestic methanol market price was 1994 yuan/ton, and at the end of the week it was 2090 yuan/ton, an increase of 4.81%. The downstream demand for polyformaldehyde is general.
3. Future Market Forecast
To sum up, the analysts of polyformaldehyde in business associations believe that polyformaldehyde may be stable in operation.
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