According to the commodity market analysis system of the business community, the price of Paraformaldehyde in Shandong has risen recently. At the beginning of the week, the average production price of Paraformaldehyde in Shandong was 4712.50 yuan/ton. At the weekend, the average production price of Paraformaldehyde in Shandong was 5075.00 yuan/ton, up 7.69%, up 7.12% month on month, and down 5.14% year on year.

Upstream methanol situation: The domestic methanol market situation has been sorted out. The ex factory price of methanol in the southern region of Shandong is referenced to be around 2310-2330 yuan/ton in cash exchange, while the delivery price in Linyi is referenced to be around 2350-2360 yuan/ton in cash exchange. The local methanol factory in central Shandong offers a price of 2400-2400 yuan/ton for self delivery. The negotiated price range for methanol in the Dongying region of Shandong is 2280-2280 yuan/ton.

After the recent rise of methanol market, it was temporarily sorted out, with good cost support, active downstream procurement, and smooth shipment of Paraformaldehyde. The Paraformaldehyde analysts of the business community predicted that the price would rise slightly.