Core logic: Raw material methanol prices have eased somewhat, lowering costs. Formaldehyde supply is ample, while mainstream downstream panel producers are running at moderate rates, providing only modest demand support. Most other downstream consumers largely use formaldehyde for captive use. The demand side remains an important factor.
| Product | Region | Prior Period | Current Period | Change Rate |
|---|---|---|---|---|
| Formaldehyde | Shandong | 1510 | 1530 | 1.32% |
| Methanol | Shandong | 3290 | 3400 | 3.34% |
| Notes: 1. Formaldehyde content is 37%; methanol is national-standard premium grade. 2. All prices are point-in-time RMB prices, not weekly averages, in yuan/ton. 3. Formaldehyde price is ex-works, cash, VAT-inclusive; methanol price is ex-warehouse, cash, VAT-inclusive. 4. Change rate is a period-on-period change. |
Formaldehyde Industry Supply–Demand Data
| Data Type | Prior Period | Current Period | Change Rate | Trend |
|---|---|---|---|---|
| Formaldehyde cost | 1561 | 1610 | 3.14% | ↑ |
| Formaldehyde profit | -51 | -80 | 56.86% | ↓ |
| Notes: 1. Formaldehyde content is 37%; methanol is national-standard premium grade. 2. All prices are point-in-time RMB prices, not weekly averages, in yuan/ton. 3. Formaldehyde price is ex-works, cash, VAT-inclusive; methanol price is ex-warehouse, cash, VAT-inclusive. 4. Change rate is a period-on-period change. |
The formaldehyde market moved up in the morning session. Methanol rose sharply, pushing costs significantly higher. Formaldehyde plants in Guangxi, Anhui, and Henan reduced operating loads under cost pressure. Following sentiment was strong across the domestic market, but gains were limited by weakening operating rates at downstream wood-based panel producers. Chempricephase expects the formaldehyde market to continue rising in the short term.
| Data Item | Release Date | Prior-Period Data | Forecasted Trend, Current Period |
|---|---|---|---|
| Formaldehyde import data | Month-end, 17:30 | 0.08 | ↓ |
| Formaldehyde export data | Month-end, 17:30 | 204.29 | ↑ |
| Notes: 1. ↓/↑ denote significant fluctuations, highlighting data dimensions with a period-on-period change exceeding 3%. 2. ↗/↘ denote narrow fluctuations, highlighting data dimensions with a period-on-period change within 0–3%. |
Comments
0