I. Key Focus Points
Core Logic: Methanol raw material prices have declined, leading to lower costs. Formaldehyde supply remains ample, while mainstream downstream panel production is mediocre, resulting in weak demand support. Most other downstream users consume formaldehyde internally. Demand remains the primary factor influencing the market.
II. Price Table
| Product | Region | Previous Period | Current Period | Change Rate |
|---|---|---|---|---|
| Formaldehyde | Shandong | 1570 | 1500 | -4.46% |
| Methanol | Shandong | 3660 | 3640 | -0.55% |
| Notes: 1. Formaldehyde concentration is 37%; methanol meets national standard premium grade specifications. 2. Prices are spot RMB prices, not weekly averages; unit: CNY/ton. 3. Formaldehyde price is ex-factory cash inclusive of tax; methanol price is warehouse delivery cash inclusive of tax. 4. Change rate represents period-over-period fluctuation. |
III. Data Table
Formaldehyde Industry Supply and Demand Data Table
| Data Type | Previous Period | Current Period | Change Rate | Trend |
|---|---|---|---|---|
| Formaldehyde Cost | 1727 | 1718 | -0.52% | ↑ |
| Formaldehyde Profit | -77 | -88 | -14.29% | ↓ |
| Notes: 1. Formaldehyde concentration is 37%; methanol meets national standard premium grade specifications. 2. Prices are spot RMB prices, not weekly averages; unit: CNY/ton. 3. Formaldehyde price is ex-factory cash inclusive of tax; methanol price is warehouse delivery cash inclusive of tax. 4. Change rate represents period-over-period fluctuation. |
IV. Market Outlook
Today, the formaldehyde market center shifted downward. Declining methanol raw material prices led to a corresponding decrease in cost centers. Affected by environmental regulations and other factors, domestic demand and operating rates remained persistently low. Facing dual pressure from weak demand and high inventories, formaldehyde plants continued to lower prices to promote sales. Chempricehub forecasts that the formaldehyde market will likely trade sideways with a bearish bias in the short term.
| Data Item | Release Date | Previous Data | Current Trend Forecast |
|---|---|---|---|
| Formaldehyde Import Data | End of each month at 17:30 BM | 0.08 | ↓ |
| Formaldehyde Export Data | End of each month at 17:30 BM | 204.29 | ↑ |
| 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range volatility, highlighting data dimensions with changes within 0-3%. |
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