Price trend

According to the monitoring of SunSirs, the average production price of paraformaldehyde in Shandong on June 17 was 5,383 RMB/ton, and the price of paraformaldehyde was stable this week.

Analysis review

Linyi Shengyang Chemical Co., Ltd. has an annual output of 9,000 tons of paraformaldehyde. The ex-factory price of paraformaldehyde (96) including tax was 5,500 RMB/ton. The price was the same as last time, and the sales of paraformaldehyde was general. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10,000 tons of paraformaldehyde, and the ex-factory price of paraformaldehyde (96) including tax was 5,150 RMB/ton. The price was the same as last time, and the sales of paraformaldehyde was general. 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.

According to the monitoring data of SunSirs, the average production price of domestic methanol was 2,685 RMB/ton on June 13, and the average domestic methanol production price was 2,715 RMB/ton on June 16, an increase of 1.12%. On June 13, the average production price of formaldehyde in Shandong was 1,283 RMB/ton, and on June 16, the average production price of formaldehyde in Shandong was 1,293 RMB/ton, an increase of 0.78%.

Market outlook

The domestic methanol market rose slightly this week. The quotations of paraformaldehyde companies were mainly firm, and the market was general. The paraformaldehyde analyst of SunSirs predicts that paraformaldehyde may remain stable.

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