I. Key Focus Points
Core Logic: Feedstock methanol prices have retreated, leading to lower costs. Formaldehyde supply remains ample. Mainstream downstream board production rates are average, providing limited demand support. Other downstream sectors primarily consume formaldehyde for internal use. Consequently, the demand side remains a critical factor.
II. Price Table
| Product | Region | Previous Period | Current Period | Change Rate |
|---|---|---|---|---|
| Formaldehyde | Shandong | 1710 | 1710 | 0.00% |
| Methanol | Shandong | 3720 | 3680 | -1.08% |
| 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-factory, cash, tax-inclusive; Methanol prices are ex-warehouse, cash, tax-inclusive. 4. Change rate refers to period-over-period fluctuation. |
III. Data Table
Formaldehyde Industry Supply & Demand Data
| Data Type | Previous Period | Current Period | Change Rate | Trend |
|---|---|---|---|---|
| Formaldehyde Cost | 1754 | 1736 | 0.76% | ↑ |
| Formaldehyde Profit | -44 | -26 | -40.91% | ↑ |
| 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-factory, cash, tax-inclusive; Methanol prices are ex-warehouse, cash, tax-inclusive. 4. Change rate refers to period-over-period fluctuation. |
IV. Market Outlook
Today, the central trend of the formaldehyde market shifted downward. Although costs were supported by the rebound in feedstock methanol prices, the formaldehyde market faced pressure on shipments due to environmental regulations in multiple regions. Factories in various areas were forced to cut prices to clear inventory. Downstream artificial board manufacturers showed weak purchasing interest, resulting in sluggish transactions. Chempricehub anticipates that the formaldehyde market will trade in a low range with fluctuations in the short term.
| Data Item | Release Date | Previous Data | Projected Trend for Current Period |
|---|---|---|---|
| Formaldehyde Import Data | End of each month at 17:30 Beijing Time | 0.08 | ↓ |
| Formaldehyde Export Data | End of each month at 17:30 Beijing Time | 204.29 | ↑ |
| Legend: 1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range fluctuation, highlighting data dimensions with changes within 0-3%. |
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