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Weekly Outlook for the Formaldehyde Market

Published on 2026-10-26

I. Key Focus Areas

  1. Monitor methanol price trends as raw material guidance.
  2. Observe operating rates of downstream panel manufacturers.
  3. Track inventory levels at production facilities.

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.

II. Price Table

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.

III. Data Table

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.

IV. Market Outlook

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

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  • Yuki Tanaka 2026-10-26 10:00
    Saw Shandong formaldehyde jump 6.74% while methanol feedstock costs dropped, significantly widening margins. With flat panel demand and ample supply, this price surge feels unsustainable. I’m watching for potential down..
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