Core Logic: Raw material methanol prices have declined, leading to lower costs. Formaldehyde supply is ample, while mainstream downstream panel operations remain mediocre, providing only general demand support. Most other downstream users are for self-consumption. The demand side remains a critical factor.
| Product | Region | Previous Period | Current Period | Change Rate |
|---|---|---|---|---|
| Formaldehyde | Shandong Region | 1780 | 1900 | 6.74% |
| Methanol | Shandong Region | 3900 | 3820 | -2.05% |
| Notes: 1. Formaldehyde content is 37%; Methanol is national standard premium grade; 2. Prices are spot RMB prices, not weekly averages, unit: CNY/ton; 3. Formaldehyde price is ex-factory cash with tax; Methanol price is warehouse delivery cash with tax; 4. Change rate is the period-over-period percentage change. |
Formaldehyde Industry Supply and Demand Data Table
| Data Type | Previous Period | Current Period | Change Rate | Trend |
|---|---|---|---|---|
| Formaldehyde Cost | 1835 | 1799 | -1.96% | ↓ |
| Formaldehyde Profit | -55 | 101 | 283.64% | ↑ |
| Notes: 1. Formaldehyde content is 37%; Methanol is national standard premium grade; 2. Prices are spot RMB prices, not weekly averages, unit: CNY/ton; 3. Formaldehyde price is ex-factory cash with tax; Methanol price is warehouse delivery cash with tax; 4. Change rate is the period-over-period percentage change. |
Today, the formaldehyde market center moved lower. Raw material methanol continued to decline. Affected by loosening cost support, formaldehyde plants lowered product selling prices to align with the market. Given the high volume of pending orders from previous periods and low current inventories, the decline was relatively rational. Intraday market buying sentiment was poor, with strong wait-and-see attitudes among traders. Chempricehub forecasts that the formaldehyde market will fluctuate within a low range in the short term.
| Data Item | Release Date | Previous Data | Current Period 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 | ↑ |
| Notes: 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range fluctuations, highlighting data dimensions with changes within 0-3%. |
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