Chart of Polyformaldehyde Market Price Trend
| Melamine |
Polyformaldehyde price curve
(Photo source: Commodity Analysis System of Business Cooperatives)
In November, the price of polyoxymethylene in Shandong was stable. The average price of polyoxymethylene production in Shandong was 5433.33 yuan/ton, and the quotation was flat compared with last month. A year-on-year drop of 20.10%.
Chart of market price trend of methanol polyoxymethylene
| EDTA |
Upstream methanol situation: domestic methanol market fluctuated slightly, mainly due to supply and demand. In terms of equipment, Yankuang Guojiao 250000 t/a equipment is shut down for maintenance. The 1.2 million t/a unit of Shanxi Jinmei Huayu is restored, and the 100000 t/a units of Shanxi Jinfeng, 100000 t/a units of Shanxi Tianze and 400000 t/a units of Shanxi Coking are planned to restart. The supply is abundant, but the existing demand has not been significantly boosted, and the short-term domestic methanol market is mainly weak.
Recently, the methanol market has been weak and consolidated, with weak growth and general cost support. In addition, the transportation in Shandong is not smooth, and the market turnover is light. Polyformaldehyde analysts from the business community predict that the price may rise slightly.
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