According to the commodity market analysis system of Business Society, the price of polyformaldehyde in Shandong has recently increased. At the beginning of the week, the average production price of polyformaldehyde in Shandong was 5037.50 yuan/ton, and over the weekend, the average production price of polyformaldehyde in Shandong was 5000.00 yuan/ton, an increase of 0.74%, a month on month decrease of 2.44%, and a year-on-year decrease of 7.69%.

Upstream methanol situation: The domestic methanol market is on the rise, while downstream acetic acid: The demand for acetic acid is increasing; Downstream dimethyl ether: demand for dimethyl ether may increase; Downstream chlorides: Increased demand for chlorides; Downstream formaldehyde: Increased demand for formaldehyde; Downstream MTBE: As some manufacturers reduce their operating load, the demand for MTBE will decrease. The demand for methanol is mixed.

After the recent rise in the methanol market, it has temporarily stabilized with good cost support. Downstream procurement remains in high demand, and analysts from Shengyishe Polyformaldehyde predict that prices may slightly increase.