In December, the price of polyformaldehyde in Shandong fell. At the beginning of the month, the average price of polyformaldehyde production in Shandong was 5433.33 RMB/ton, and at the end of the month, the average price of polyformaldehyde production in Shandong was 5416.67 RMB/ton, down 0.31% from the previous month. It fell 9.22% year on year.

Upstream methanol: In December, the domestic methanol market declined due to shocks, mainly due to supply and demand. In terms of supply, most production enterprises focus on de stocking, and traditional downstream enterprises also have early parking performance, resulting in weak overall demand performance. The 100000 t/a plant in Jiuding, Inner Mongolia, will be shut down for maintenance. The 600000 t/a plant in Tongmei Guangfa and 400000 t/a plant in Sichuan Lutianhua are planned to be restored. In addition, the 600000 t/a plant in Kunpeng, Ningxia is expected to produce products, and the supply is still abundant. Methanol supply was negative.

In the near future, the methanol market tends to be weak, the cost support is not good, and the transportation in Shandong is not smooth, the market turnover is light, and the polyformaldehyde analysts of the business community predict that the price may fall slightly.

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