Formaldehyde Market Weekly Outlook

I. Key Focus Points

1. Monitor feedstock methanol price guidance.
2. Monitor operating rates of downstream panel manufacturers.
3. Monitor inventory levels of production enterprises.

Core Logic: Feedstock methanol prices have retreated, leading to lower costs. Formaldehyde supply remains ample, while mainstream downstream panel production rates are flat, providing limited demand support. Other downstream sectors primarily consume for internal use, making the demand side a critical factor.

II. Price Table

Notes:

1. Formaldehyde content is 37%; methanol meets National Standard Premium Grade specifications.
2. Prices represent spot RMB prices (not weekly averages), in CNY/ton.
3. Formaldehyde prices are ex-factory, cash-in-advance, tax-inclusive; methanol prices are ex-warehouse, cash-in-advance, tax-inclusive.
4. Change rate refers to the period-over-period percentage change.

III. Data Table

Formaldehyde Industry Supply and Demand Data

Notes:

1. Formaldehyde content is 37%; methanol meets National Standard Premium Grade specifications.
2. Prices represent spot RMB prices (not weekly averages), in CNY/ton.
3. Formaldehyde prices are ex-factory, cash-in-advance, tax-inclusive; methanol prices are ex-warehouse, cash-in-advance, tax-inclusive.
4. Change rate refers to the period-over-period percentage change.

IV. Market Outlook

Today, the formaldehyde market center shifted downward. While feedstock support strengthened in major producing regions, product prices were constrained by strong price-suppression sentiment from the downstream man-made board market. Consequently, formaldehyde plants struggled to pass on cost increases amidst volatile cost channels due to weak bargaining power, resulting in passive price declines. Chempricehub forecasts that the formaldehyde market may stabilize and cease declining in the short term.

Legend:

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with change rates exceeding 3%.
2. ↗↘ indicates minor fluctuation, highlighting data dimensions with change rates between 0% and 3%.