On November 9, the average price of polyformaldehyde production in Shandong was 5433.33 yuan/ton, which was the same as last week. A year-on-year decrease of 24.88%.
| Thiourea |
Chart of market price trend of methanol polyoxymethylene
Upstream methanol: the market in East China rebounded at a low level, and the transaction was fair. Futures stopped falling and rebounded, production facilities of major enterprises in some regions stopped, supply decreased, and market buying improved. The logistics in some regions is limited but the demand is weak, and the downstream receiving price is weak.
Recently, the methanol market has a callback trend, and the cost support is good. However, the transportation in Shandong is not smooth, and the market transaction is not good. The polyformaldehyde analysts of the business community predict that the price may rise slightly.
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