I. market price trend chart of polyformaldehyde

Price curve of POM

(photo source: Commodity analysis system of Business Club)

According to the monitoring of business association, on October 28, the average price of polyformaldehyde (96) in Shandong Province was 4783 yuan / ton, which was stable.

II. Market analysis

Products: Shandong aldehyde Chemical Industry Co., Ltd. has an annual output of 30000 tons of polyoxymethylene. The factory quotation of Polyoxymethylene (96) is 4650 yuan / ton, including tax. The quotation is stable. Linyi Shengyang Chemical Co., Ltd. has an annual output of 9000 tons of POM, and the ex factory quotation of POM (96) is 4700 yuan / ton, which is stable. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10000 tons of POM, and the ex factory quotation of POM (96) is 5000 yuan / ton, including tax; the manufacturer’s quotation continues to be stable, and the downstream resin and pesticide demand is low.

Industry chain: upstream methanol situation. In the week of October 21, the domestic methanol market was in a “dive”. As of October 25, the average price of domestic methanol market was 2100 yuan / ton, down 10.64% in the week. Prices fell 4.89% month on month and 34.38% year on year.

III. future forecast

The price of raw material methanol dropped sharply, the market demand for POM was weak, and the POM analysts of the business club thought that the price of POM was weak in the future.