According to the commodity market analysis system of Shengyishe, the price of polyformaldehyde in Shandong has been fluctuating and consolidating recently. At the beginning of this week, the average production price of polyformaldehyde in Shandong was 4850.00 yuan/ton. Over the weekend, the average production price of polyformaldehyde in Shandong was 4875.00 yuan/ton, an increase of 0.52%, a month on month increase of 2.09%, and a year-on-year decrease of 2.99%.

Upstream methanol situation: The domestic methanol market has seen a narrow decline. In terms of supply, global coal supply is stable, domestic imports have increased, and the increase in domestic demand is not enough to support coal prices to continue operating at high levels; In terms of demand, the temperature has risen, the civilian electricity load has fallen, and the overall pressure on power plant inventory is relatively small. Currently, terminals mainly rely on long-term cooperative replenishment, and replenish warehouses according to demand. The demand for coal in the market is relatively flat, and the overall sentiment is more wait-and-see. It is expected that the short-term thermal coal market will maintain a volatile and weak operation. The cost side of methanol is influenced by bearish factors. The supply of goods continues to be abundant, while downstream demand is relatively average in a supply-demand game state. Business Society Methanol Analysts predict that in the short term, the domestic methanol market prices will be mainly weak and consolidating.

In recent times, the methanol market has been weak and volatile, with poor cost support. Polyformaldehyde production is normal, and orders are scheduled for shipment. Polyformaldehyde analysts at Shengyishe predict that prices may slightly decline.