Price trend

According to the monitoring of SunSirs, the average production price of paraformaldehyde in Shandong on July 7 was 5,350 RMB/ton, and the quotation was unchanged from last week.

Analysis review

On July 7, Linyi Shengyang Chemical Co., Ltd. has an annual output of 9,000 tons of paraformaldehyde. The price of paraformaldehyde (96) was 5,400 RMB/ton including tax. The price was the same as last time, and the paraformaldehyde market was weak. Shandong Formaldehyde Industry Chemical Co., Ltd. has an annual output of 30,000 tons of paraformaldehyde. The price of 96 paraformaldehyde was 5,500 RMB/ton. The price was unchanged from the previous time. The paraformaldehyde market was acceptable. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10,000 tons of paraformaldehyde. The ex-factory price of paraformaldehyde (96) was 5,150 RMB/ton including tax. The quotation was the same as the last time, and the market was acceptable.

According to the monitoring data of SunSirs, the average production price of domestic methanol was 2,656 RMB/ton on July 1, and the average domestic methanol production price was 2,630 RMB/ton on July 7, down 1.31%. The average production price of formaldehyde in Shandong on July 1 was 1,270 RMB/ton, and the average production price of formaldehyde in Shandong on July 7 was 1,246 RMB/ton, down 1.84%.

Market outlook

The raw material methanol market is weak, and the paraformaldehyde analyst of tSunSirs predicts that the paraformaldehyde may be lowered.

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