According to the commodity market analysis system of Shengyishe, the price of polyformaldehyde in Shandong has been fluctuating and consolidating recently. At the beginning of this week, the average production price of polyformaldehyde in Shandong was 4875.00 yuan/ton. Over the weekend, the average production price of polyformaldehyde in Shandong was 4875.00 yuan/ton, an increase of 0.51%, a month on month increase of 1.55%, and a year-on-year decrease of 2.00%.

Upstream methanol situation: The domestic methanol market is on the rise. On the cost side, the available resources at ports are gradually decreasing, especially due to the tight supply of some high-quality chemical coal. In addition, the market still has expectations for the upcoming peak season, and traders have a strong sentiment of price support. In mid month, most coal mines maintained normal production status, mainly focusing on fulfilling long-term agreements, and the coal supply was relatively stable. With the rise in temperature and the demand for electricity, downstream power plants may gradually replenish their warehouses, providing some support for coal prices. The cost of methanol is influenced by favorable factors.

Recently, the methanol market has been fluctuating at a high level, and cost support is still acceptable. Polyformaldehyde production is normal, and polyformaldehyde analysts at Business Society predict that prices may slightly increase.