Price trend
Recently, the price of paraformaldehyde in Shandong was consolidated. The average production price of paraformaldehyde in Shandong was 5,400.00 RMB/ton, down 4.14% year on year.
Analysis review
Upstream methanol: the domestic methanol market fluctuated slightly, and the negotiated price of methanol in Dongying region of Shandong Province was 2,510-2,530 RMB/ton. The negotiated price of the methanol market in Zibo, Shandong was 2,520-2,540 RMB/ton, and the local methanol factory in central Shandong quoted at 2,550-2,630 RMB/ton. The ex-factory price of Jining methanol was around 2,500-2,550 RMB/ton, and the delivery price of Linyi methanol was around 2,550-2,600 RMB/ton.
Market outlook
Recently, the methanol market was fluctuated, the cost support was general, and the demand was poor near the Spring Festival. The paraformaldehyde analysts of SunSirs predict that the paraformaldehyde price may fall slightly mainly.
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