According to the Commodity Market Analysis System of the Business Society, the prices of polyformaldehyde in Shandong have been fluctuating and declining recently. At the beginning of the week, the average production price of polyformaldehyde in Shandong was 5487.50 yuan/ton, and on the weekend, the average production price of polyformaldehyde in Shandong was 5462.50 yuan/ton, a decrease of 0.46%, a month on month decrease of 0.23%, and a year-on-year increase of 0.23%.

Upstream methanol situation: Upstream methanol situation: The domestic methanol market continues to decline. The overall recovery is greater than the loss, resulting in an increase in capacity utilization. The supply side of methanol is negatively affected. The cost is relatively weak, and netizens have broken through in pre holiday stocking in terms of supply and demand. Methanol analysts from Business Society predict that the domestic methanol market is mainly characterized by high volatility.

Recently, the methanol market has been weak and declining, with poor cost support. Downstream demand for procurement has been maintained, and polyformaldehyde manufacturers are actively shipping. Polyformaldehyde analysts from the business company predict that prices may decline slightly.