According to the Commodity Market Analysis System of the 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 5125.00 yuan/ton, and on the weekend, the average production price of polyformaldehyde in Shandong was 5100.00 yuan/ton, a decrease of 0.49%, a month on month decrease of 3.32%, and a year-on-year decrease of 6.13%.
Upstream methanol situation: In terms of supply, global coal supply is stable, domestic imports have increased, and the increase in domestic demand is not enough to support the operation of coal prices at high levels; In terms of demand, the overall pressure on inventory in power plants is relatively low. Currently, the terminal mainly relies on long-term replenishment and replenishment according to demand. The demand for coal in the market is relatively flat, and the overall sentiment is biased towards wait-and-see. The cost side of methanol is influenced by bearish factors. Downstream demand is expected to increase, but fundamental contradictions are still not significant. The domestic methanol market is mainly fluctuating and consolidating.
Recently, the methanol market has been fluctuating and consolidating, with average cost support. Polyformaldehyde manufacturers are shipping normally, and polyformaldehyde analysts from Business Society predict that prices may decline slightly.