Price trend

According to the monitoring data of SunSirs, the average price of paraformaldehyde (96) in Shandong on February 26 was 4,600 RMB/ton, which was unchanged from last week.

Analysis review   

Product: 

Shandong Aldehyde Chemical Co., Ltd., with an annual output of 30,000 tons of paraformaldehyde, and the ex-factory price of paraformaldehyde (96) is 4,600 RMB/ton, which is unchanged from last week. Linyi Shengyang Chemical Co., Ltd., with an annual output of 9,000 tons of paraformaldehyde, and the ex-factory price of paraformaldehyde (96) is 4,500 RMB/ton, which is unchanged from last week. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10,000 tons of paraformaldehyde. The ex-factory price of paraformaldehyde (96) is 4,700 RMB/ton, which is unchanged from last week.

Industrial:

According to the price monitoring of SunSirs, the domestic methanol market has slowly recovered last week. At the beginning of the week, the average domestic methanol market price was 1,985 RMB/ton, and it was reported at 2,022 RMB/ton on the weekend, which rose 1.89% during the week.

Market outlook

The paraformaldehyde analyst of SunSirs believes that paraformaldehyde is supported by upstream methanol, and paraformaldehyde may be mainly finishing.

If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.