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Prompt

Published on 2026-11-04

I. Key Focus Areas

  1. Monitor methanol feedstock price guidance
  2. Track the operating rates of downstream board manufacturers
  3. Observe inventory levels at production enterprises

Core Logic: Methanol feedstock prices have retreated, leading to lower costs. Formaldehyde supply remains ample, while mainstream downstream board manufacturers show average operating rates, providing limited demand support. Most other downstream users consume internally, meaning the demand side remains a critical factor.

II. Price Table

Product Region Previous Period Current Period Change Rate
Formaldehyde Shandong Region 1750 1720 -1.71%
Methanol Shandong Region 3660/3630 3630 0.83%
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-inclusive tax; Methanol price is warehouse-delivery cash-inclusive tax.
4. Change rate refers to period-over-period fluctuation.

III. Data Table

Formaldehyde Industry Supply and Demand Data

Data Type Previous Period Current Period Change Rate Trend
Formaldehyde Cost 1714 1727 0.76 % ↑
Formaldehyde Profit 36 -7 -119.44% ↓
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-inclusive tax; Methanol price is warehouse-delivery cash-inclusive tax.
4. Change rate refers to period-over-period fluctuation.

IV. Market Outlook

Today, the formaldehyde market remained weakly stable in a stalemate. In the morning, prices in major production regions strengthened due to cost support. However, during the day, environmental controls frequently hindered downstream purchasing enthusiasm. Coupled with holders actively offering discounts to clear inventory, market negotiation sentiment shifted sharply downward. Multiple factories lowered prices under shipping pressure. Chempricehub forecasts that the formaldehyde market will continue to trade in weak oscillation in the short term.

Data Item Release Date Previous Data Current Trend Forecast
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 ↑
Notes: 1. ↓↑ indicates significant fluctuations, highlighting data dimensions with change rates exceeding 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data dimensions with change rates within 0-3%.

Comments

0
  • Priya Kapoor 2026-11-04 10:00
    Formaldehyde margins in Shandong have flipped negative at -7 CNY/ton due to weak downstream board demand. With ample supply and methanol costs stabilizing, I expect continued price oscillation until operating rates impro..
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