The price of polyformaldehyde in Shandong has fallen

According to the commodity market analysis system of Business Society, the price of polyformaldehyde in Shandong fell in December. At the beginning of the month, the average production price of polyformaldehyde in Shandong was 5062.50 yuan/ton, and at the end of the month, the average production price of polyformaldehyde in Shandong was 4900.00 yuan/ton, a decrease of 3.21%, and a year-on-year decrease of 9.54%.

 

Upstream methanol situation: In December, the domestic methanol market first rose and then fell. In terms of supply, due to the impact of the cold wave, most parts of the country experienced a cliff like cooling, leading to a significant increase in daily consumption of power plants and an increase in terminal stage purchases. However, downstream acceptance of high priced market coal is limited, and transportation continues to be mainly based on long-term contract coal; The cold wave weather has to some extent boosted the consumption of electric coal, and there are still expectations of an increase in daily consumption of power plants on the basis of high levels. Some terminal demand purchases with insufficient coal reserves continue to be released. Business Society Methanol Analyst predicts that the domestic methanol market is mainly weak and consolidating.

 

In recent times, the domestic methanol market has been mainly fluctuating downward, with poor cost support. Downstream demand remains strong, and analysts from Shengyishe Polyformaldehyde predict that prices may slightly decline.

http://www.gammapolyglutamicacid.com

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