SunSirs--China Commodity Data Group

Language

日本語

한국어

русский

deutsch

français

español

Português

عربي

türk

中文

Sign In

Join Now

Contact Us

Home > Paraformaldehyde News > News Detail
Paraformaldehyde News
SunSirs: Paraformaldehyde Price in Shandong Declined
September 15 2023 10:34:27SunSirs(John)

Price trend

According to the Commodity Market Analysis System of SunSirs, the prices of paraformaldehyde in Shandong were fluctuating and declining recently. At the beginning of the week, the average production price of paraformaldehyde in Shandong was 5,487.50 RMB/ton, and on the weekend, the average production price of paraformaldehyde in Shandong was 5,462.50 RMB/ton, a decrease of 0.46%, a month on month decrease of 0.23%, and a year-on-year increase of 0.23%.

Analysis review

Upstream methanol situation: The domestic methanol market continued to decline, Inner Mongolia Chifeng Boyuan, Yulin Kaiyue, and two sets of devices in Shandong were on maintenance; Anhui Tanxin, Hebei Jinshi, Shaanxi Heimao, Wangcang Hezhong, and a set of device in Inner Mongolia had been restored. The overall recovery was greater than the loss, resulting in an increase in capacity utilization. The supply side of methanol had negative effect for the market. The cost was relatively weak, and in terms of supply and demand, there has been a breakthrough in pre holiday stocking. Methanol analysts from SunSirs predict that the domestic methanol market mainly fluctuate at high levels.

Market outlook

Recently, the methanol market was weak and declining, with poor cost support. Downstream procurement was mainly on demand, and paraformaldehyde manufacturers were actively shipping. Paraformaldehyde analysts from SunSirs predict that paraformaldehyde prices may mainly decline slightly.

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

【Copyright Notice】In the spirit of openness and inclusiveness of the Internet, SunSirs welcomes all media and institutions to reprint and quote our original content. If reprinted, please mark the source SunSirs.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products