Formaldehyde Market Morning Update (September 15, 2026)

I. Key Focus Points

1. Monitor guidance on feedstock methanol prices.
2. Track operating rates at downstream panel manufacturers.
3. Observe inventory levels at production facilities.

Core Logic: Feedstock methanol prices have retreated, lowering costs. Formaldehyde supply is ample, while mainstream downstream panel manufacturing operates at flat levels, providing only moderate demand support. Other downstream sectors primarily consume formaldehyde for internal use. Demand remains the critical factor in the market.

II. Price Table

Notes:

1. Formaldehyde concentration is 37%; methanol meets national standard premium grade.
2. Prices are spot RMB prices, not weekly averages; unit: CNY/ton.
3. Formaldehyde prices are ex-works, cash, tax-inclusive; methanol prices are warehouse delivery, cash, tax-inclusive.
4. Change rate represents period-over-period fluctuation.

III. Data Table

Formaldehyde Industry Supply and Demand Data

Notes:

1. Formaldehyde concentration is 37%; methanol meets national standard premium grade.
2. Prices are spot RMB prices, not weekly averages; unit: CNY/ton.
3. Formaldehyde prices are ex-works, cash, tax-inclusive; methanol prices are warehouse delivery, cash, tax-inclusive.
4. Change rate represents period-over-period fluctuation.

IV. Market Outlook

Morning formaldehyde prices showed narrow adjustments. The decline in feedstock methanol weakened cost support. Formaldehyde plants maintained stable operations with limited changes in supply. Inventory pressure at major factories was low, leading to rational price corrections for shipment purposes. Downstream buyers remained cautious and waited on the sidelines, focusing on intraday transactions. Chempricehub News predicts that the formaldehyde market will stabilize and consolidate in the short term.

Legend:

1. ↓↑ indicates significant volatility, highlighting data dimensions with fluctuations exceeding 3%.
2. ↗↘ indicates narrow-range volatility, highlighting data dimensions with fluctuations within 0-3%.