According to the commodity market analysis system of Business Society, the price of polyformaldehyde in Shandong fell in November. At the beginning of the month, the average production price of polyformaldehyde in Shandong was 5150.00 yuan/ton, and at the end of the month, the average production price of polyformaldehyde in Shandong was 5075.00 yuan/ton, a decrease of 1.46%, a year-on-year decrease of 6.60%.

Upstream methanol situation: In November, the domestic methanol market was weak and consolidated, with weak coal prices and insufficient cost support. Although there was an expectation of a reduction in imports in December, overall imports remained at a high level, and supply side pressure remained. The total supply of methanol in the market is sufficient, and the downstream has entered the traditional off-season. For methanol, the main demand is for purchasing and the price is significantly reduced. Business Society Methanol Analyst predicts that the domestic methanol market is mainly weak and consolidating.

In recent times, the domestic methanol market has been mainly fluctuating downward, with poor cost support. Downstream demand remains strong, and analysts from Shengyishe Polyformaldehyde predict that prices may slightly decline.