I. Key Focus Points
Core Logic: Methanol feedstock prices have retreated, leading to lower costs. Formaldehyde supply remains ample, while mainstream downstream panel sector operating rates are mediocre, providing only moderate 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 | 1680 | 1630 | -2.98% |
| Methanol | Shandong | 3680 | 3700 | 0.54% |
| Notes: 1. Formaldehyde concentration is 37%; Methanol meets National Standard Grade A specifications. 2. Prices are spot RMB prices, not weekly averages; unit: CNY/ton. 3. Formaldehyde prices are ex-factory cash inclusive of tax; Methanol prices are warehouse delivery cash inclusive of tax. 4. Change rate refers to period-on-period variation. |
III. Data Table
Formaldehyde Industry Supply and Demand Data
| Data Type | Previous Period | Current Period | Change Rate | Trend |
|---|---|---|---|---|
| Formaldehyde Cost | 1736 | 1745 | 0.52% | ↑ |
| Formaldehyde Profit | -26 | -45 | -73.08% | ↓ |
| Notes: 1. Formaldehyde concentration is 37%; Methanol meets National Standard Grade A specifications. 2. Prices are spot RMB prices, not weekly averages; unit: CNY/ton. 3. Formaldehyde prices are ex-factory cash inclusive of tax; Methanol prices are warehouse delivery cash inclusive of tax. 4. Change rate refers to period-on-period variation. |
IV. Market Outlook
Today, the formaldehyde market center shifted downward. Although methanol feedstock prices rose, increasing cost pressure, downstream panel manufacturers showed weak willingness to take delivery, mainly fulfilling previous orders with limited new transactions at current prices. Environmental regulations remain strict in many regions, dampening market participants' enthusiasm. Chempricehub anticipates that the formaldehyde market will likely trade in a low-range fluctuation in the short term.
| Data Item | Release Date | Previous Data | Current Period Trend Forecast |
|---|---|---|---|
| Formaldehyde Import Data | End of each month, 17:30 BM | 0.08 | ↓ |
| Formaldehyde Export Data | End of each month, 17:30 BM | 204.29 | ↑ |
| Legend: 1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%. 2. ↗↘ indicates narrow fluctuations, highlighting data dimensions with changes within 0-3%. |
Comments
0