Price trend

According to the data of SunSirs, on December 10, the average price of paraformaldehyde (96) in Shandong was 4,516 RMB/ton, and last week's average price was 4,853 RMB/ton, a decrease of 1.45%.

Analysis review        

Product: Shandong Aldehyde Chemical Co., Ltd., with an annual output of 30,000 tons of paraformaldehyde, the price of paraformaldehyde (96) is 4,450 RMB per ton including tax, and the offer is stable. Linyi Shengyang Chemical Co., Ltd., with an annual output of 9,000 tons of paraformaldehyde, the price of paraformaldehyde (96) is 4,300 RMB / t including tax, which is 200 RMB / t lower than last week. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10,000 tons of paraformaldehyde. The price of paraformaldehyde (96) at the factory is 4,800 RMB / tax, and the offer is stable.

Industrial chain: In the case of upstream methanol, the domestic methanol market is operating steadily. As of December 6, the average domestic methanol market price was 2,152 RMB/ton. Prices were up 0.12% from the same period of last month, and were down 9.56% from the same period of last year. The downstream pesticide market is not good, and the demand is reduced, which has caused some companies to offer weak prices.

Market outlook

Paraformaldehyde analysts believe that paraformaldehyde market may run weakly.

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