I. Focus Points
Core logic: Feedstock methanol prices have pulled back somewhat, lowering production costs. Formaldehyde supply is ample, while mainstream downstream panel plants are operating at moderate rates and demand support is only average. Most other downstream sectors rely mainly on captive use, so the demand side remains the key factor.
II. Price Table
| Product | Region | Prior Period | Current Period | Change Rate |
|---|---|---|---|---|
| Formaldehyde | Shandong | 1,480 | 1,510 | 2.03% |
| Methanol | Shandong | 3,250 | 3,290 | 1.23% |
| Notes: 1. Formaldehyde content is 37%; methanol is national-standard premium grade. 2. All prices are point-in-time RMB prices, not weekly averages. Unit: RMB/ton. 3. Formaldehyde price is ex-plant with cash settlement, tax inclusive; methanol price is ex-warehouse with cash settlement, tax inclusive. 4. Change rate is calculated on a period-over-period basis. |
III. Data Table
Formaldehyde Industry Supply & Demand Data Table
| Data Type | Prior Period | Current Period | Change Rate | Trend |
|---|---|---|---|---|
| Formaldehyde cost | 1,543 | 1,561 | 1.17% | ↑ |
| Formaldehyde profit | -63 | -51 | 19.05% | ↑ |
| Notes: 1. Formaldehyde content is 37%; methanol is national-standard premium grade. 2. All prices are point-in-time RMB prices, not weekly averages. Unit: RMB/ton. 3. Formaldehyde price is ex-plant with cash settlement, tax inclusive; methanol price is ex-warehouse with cash settlement, tax inclusive. 4. Change rate is calculated on a period-over-period basis. |
IV. Market Outlook
The formaldehyde market traded with a firm tone in early trading this morning. Driven by the strong rally in feedstock methanol, formaldehyde prices in the main producing areas followed the upward cost trend. After quotations were released, market participants were largely wait-and-see in the morning, with deals to be determined by trading activity during the day. Chempricehub Information expects the formaldehyde market to consolidate with a firm tone in the short term.
| Data Item | Release Date | Prior Period Data | Current-Period Trend Forecast |
|---|---|---|---|
| Formaldehyde import data | Monthly, end of month at 17:30 Beijing Time | 0.08 | ↓ |
| Formaldehyde export data | Monthly, end of month at 17:30 Beijing Time | 204.29 | ↑ |
| 1. ↓/↑ indicate significant fluctuations, highlighting data dimensions with a change exceeding 3%. 2. ↗/↘ indicate narrow fluctuations, highlighting data with a change within 0–3%. |
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