SunSirs: The Price of Paraformaldehyde in Shandong Fell in Shock
February 10 2023 11:17:42 SunSirs (John)
Price trend
Recently, the price of paraformaldehyde in Shandong has consolidated. At the beginning of the week, the average production price of paraformaldehyde in Shandong was 5,350.00 RMB/ton. At the end of the week, the average production price of paraformaldehyde in Shandong was 5,340.00 RMB/ton, down 0.19% in the week, and down 5.21% year on year.
Analysis review
The situation of upstream methanol: the domestic methanol market rose slightly, and the mainstream methanol factory in southern Shandong rose to 2,600-2,620 RMB/ton, and the market transaction atmosphere was good; The receiving price in Linyi was 2,660-2,670 RMB/ton.
Market outlook
Recently, the methanol market has been surging and the cost support was good. After the Lantern Festival, the downstream demand had gradually recovered, and the paraformaldehyde analysts of SunSirs predict that the paraformaldehyde price may mainly rise slightly.
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