Core Logic: Raw material methanol prices have softened, leading to lower costs. Formaldehyde supply remains ample, while mainstream downstream panel operations are flat, resulting in moderate demand support. Other downstream sectors primarily consume for internal use, meaning 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 meets national standard premium grade. 2. Prices are spot RMB prices (not weekly averages), unit: CNY/ton. 3. Formaldehyde prices are ex-factory cash-inclusive; Methanol prices are warehouse-delivery cash-inclusive. 4. Change rate refers to period-over-period fluctuation. |
Formaldehyde Industry Supply and Demand Data
| 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 meets national standard premium grade. 2. Prices are spot RMB prices (not weekly averages), unit: CNY/ton. 3. Formaldehyde prices are ex-factory cash-inclusive; Methanol prices are warehouse-delivery cash-inclusive. 4. Change rate refers to period-over-period fluctuation. |
In the morning session, the formaldehyde market stabilized and consolidated. Raw material methanol prices surged significantly, increasing cost pressures. Formaldehyde producers maintained stable shipments during the day, with good absorption from downstream buyers. As costs strengthened, bullish sentiment gradually emerged in the market. Chempricehub forecasts that the formaldehyde market has room for upward movement 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 fluctuation, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow-range fluctuation, highlighting data dimensions with changes within 0-3%. |
Comments
0