Morning Market Update: Formaldehyde

I. Key Focus Areas

1. Monitor methanol price guidance for raw materials.
2. Track operating rates of downstream panel manufacturers.
3. Assess inventory levels at production facilities.

Core Logic: Raw material methanol prices have declined, reducing costs. Formaldehyde supply remains ample. Mainstream downstream panel factories are operating at average levels, providing only moderate demand support. Other downstream sectors primarily consume formaldehyde internally. Demand remains a critical factor.

II. Price Table

Note:

1. Formaldehyde concentration is 37%; methanol meets the National Standard Grade A specifications.
2. Prices are spot RMB prices (not weekly averages), unit: RMB/ton.
3. Formaldehyde price is ex-works, cash, tax-inclusive; methanol price is ex-warehouse, cash, tax-inclusive.
4. Change rate refers to period-over-period variation.

III. Data Table

Formaldehyde Industry Supply-Demand Data

Note:

1. Formaldehyde concentration is 37%; methanol meets the National Standard Grade A specifications.
2. Prices are spot RMB prices (not weekly averages), unit: RMB/ton.
3. Formaldehyde price is ex-works, cash, tax-inclusive; methanol price is ex-warehouse, cash, tax-inclusive.
4. Change rate refers to period-over-period variation.

IV. Market Outlook

In the morning session, the formaldehyde market center shifted downward. As raw material methanol prices softened and cost pressures eased, formaldehyde prices followed the decline in feedstock costs. Market inquiries gradually cooled, and trading activity diminished. Chempricehub expects the formaldehyde market to fluctuate within a range in the short term.

Note:

1. "↓↑" indicates significant fluctuations, highlighting data dimensions with change rates exceeding 3%.
2. "↗↘" indicates narrow-range fluctuations, highlighting data dimensions with change rates between 0–3%.